Huttig Building Products, Inc., together with its subsidiaries, distributes millwork, building materials, and wood products for new residential construction, in-home improvement, remodeling, and repair work in the United States. The company offers various millwork products, including exterior and interior doors, pre-hung and factory finished door units, windows, patio doors, mouldings, frames, stair parts, and columns under the Therma-Tru, Masonite, Woodgrain, HB&G, Simpson Door, Final Frame, BrasPine, Arauco, Windsor Windows, and Rogue Valley Door brands. It also provides general building products, such as fasteners and connectors, roofing, siding, insulation, flashing, housewrap, decking, railings, and other miscellaneous building products under the Huttig-Grip, Louisiana Pacific, Simpson Strong-Tie, TimberTech, AZEK, RDI, GAF Roofing, Maibec, Knauf, GCP Technologies, Fiberon, Alpha Protech, MFM, Lomanco, and Fortifiber brands. In addition, the company offers wood products comprising engineered wood products used in floor systems, wood panels, and lumber; and value-added services, such as floor system take-offs, cut-to-length packages and just-in-time, and cross-dock delivery under the Louisiana Pacific and Rosboro brands. It markets and sells its products to building materials dealers; national buying groups; home centers; and industrial users, including makers of manufactured homes through 25 wholesale distribution centers serving 41 states. The company was founded in 1865 and is headquartered in St. Louis, Missouri.
IPO Year:
Exchange: NASDAQ
Website: huttig.com
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FRUITLAND, Idaho and ST. LOUIS, May 03, 2022 (GLOBE NEWSWIRE) -- Woodgrain Inc. ("Woodgrain") and Huttig Building Products, Inc. ("Huttig,") are pleased to announce that Woodgrain has completed its acquisition of Huttig, a leading distributor of millwork, building materials, and wood products. This acquisition will significantly increase Woodgrain's distribution network, its product offering, and its value-added services. The cash tender offer for Huttig announced on March 28, 2022 expired at 11:59 p.m. on May 2, 2022. Based on information from the depositary for the tender offer, 19,250,622 shares representing approximately 70.4% of the outstanding shares of common stock of Huttig, were
FRUITLAND, Idaho and ST LOUIS, April 25, 2022 (GLOBE NEWSWIRE) -- Woodgrain Inc. ("Woodgrain") today announced that it is extending its previously announced tender offer to purchase all outstanding shares of common stock of Huttig Building Products, Inc. ("Huttig") (NASDAQ:HBP) until 11:59 p.m., New York City time, on Monday, May 2, 2022. As announced on March 28, 2022, Woodgrain commenced, through its wholly owned subsidiary HBP Merger Sub, Inc., a tender offer to purchase all outstanding shares of Huttig for a purchase price per share of $10.70, net to the seller in cash, without interest and subject to any required withholding taxes. The tender offer was previously scheduled to expire
NEW YORK, March 28, 2022 (GLOBE NEWSWIRE) -- Woodgrain Inc. ("Parent") announced today that its affiliate, HBP Merger Sub, Inc. ("Purchaser"), commenced the previously announced cash tender offer for all of the issued and outstanding shares of Common Stock (the "Shares") of Huttig Building Products, Inc. (NASDAQ:HBP) ("Huttig") at a price of $10.70 per share, net to the seller, in cash, without interest and less applicable withholding taxes. The tender offer is being made pursuant to the merger agreement (the "Merger Agreement") executed on March 20, 2022 and announced by Woodgrain and Huttig on March 21, 2022. The $10.70 per share all-cash tender offer is being made pursuant to an Offe
FRUITLAND, Idaho and ST. LOUIS, March 21, 2022 (GLOBE NEWSWIRE) -- Woodgrain Inc. ("Woodgrain") and Huttig Building Products, Inc. ("Huttig," or the "Company") (NASDAQ:HBP) are pleased to announce a definitive agreement has been reached whereby Woodgrain will purchase Huttig, a leading distributor of millwork, building materials, and wood products. This acquisition will significantly increase Woodgrain's distribution network, its product offering, and its value-added services. "Huttig has a long history as a value-added distributor, focused on service and innovation. This acquisition will increase our footprint by expanding our network, and by adding Huttig's expertise and resources to ou
ST. LOUIS, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Huttig Building Products (NASDAQ:HBP), one of the nation's largest wholesale distributors of millwork and specialty building products used principally in new residential construction and home improvement, plans to release its fourth quarter 2021 financial results on Wednesday, March 02, 2022 after market close. An earnings call with management is scheduled for Thursday, March 03, 2022 at 10:00 a.m. Central Daylight Time. Participants can listen to the call live via webcast by going to the investor portion of Huttig's website at http://investor.huttig.com. Participants can also access the live conference call via telephone at (866) 238-1641 or (
Third Quarter 2021 Highlights (as compared to prior year quarter): Net sales of $245.3 million compared to $212.7 millionGross margins increased to 23.2% compared to 20.1%Net earnings increased to $18.7 million compared to $6.1 millionTotal liquidity increased to $168.5 million compared to $69.8 millionAdjusted EBITDA increased to $17.5 million compared to $8.5 million ST. LOUIS, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Huttig Building Products, Inc. ("Huttig" or the "Company") (NASDAQ:HBP), a leading domestic distributor of millwork, building materials and wood products, today reported financial results for the third quarter ended September 30, 2021. "Despite the continued challen
ST. LOUIS, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Huttig Building Products (NASDAQ:HBP), one of the nation's largest wholesale distributors of millwork and specialty building products used principally in new residential construction and home improvement, plans to release its third quarter 2021 financial results on Wednesday, November 3, 2021 after market close. An earnings call with management is scheduled for Thursday, November 4, 2021 at 10:00 a.m. Central Daylight Time. Participants can listen to the call live via webcast by going to the investor portion of Huttig's website at http://investor.huttig.com/news-and-events/investor-calendar. Participants can also access the live conference call
ST. LOUIS, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Huttig Building Products, Inc. ("Huttig" or the "Company") (NASDAQ:HBP), a leading domestic distributor of millwork, building materials and wood products, today announced that its Board of Directors, consistent with its strategic review process and in consultation with its financial and legal advisors, has initiated a process to evaluate potential strategic alternatives to maximize shareholder value. No assurances can be given regarding the outcome or timing of the review process. Huttig has not set a timetable for completion of the review process and does not intend to disclose developments related to the process unless and until the Board det
ST. LOUIS, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Huttig Building Products, Inc. (NASDAQ:HBP), a leading domestic distributor of millwork, building materials and wood products, today announced it has entered into a new $250 million senior credit facility. The facility has a five-year tenure and can be expanded to $325 million through an uncommitted $75 million accordion, subject to certain conditions. JPMorgan Chase Bank, N.A. is Administrative Agent, Joint Bookrunner and Joint Lead Arranger. Bank of America, N.A. and Fifth Third Bank, National Association are Joint Bookrunners and Joint Lead Arrangers. Regions Bank and BMO Harris Bank, N.A. are also lenders in the new facility. This new credi
ST. LOUIS, Aug. 02, 2021 (GLOBE NEWSWIRE) -- Huttig Building Products, Inc. ("Huttig") (NASDAQ:HBP), a leading domestic distributor of millwork, building materials, and wood products, announced today that one of Huttig's board members was recognized for her role in corporate governance. Gina Hoagland, a member of Huttig Building Products' Board of Directors, was recognized as a 2021 Director to Watch by Directors & Boards, a publication focused on corporate governance. Directors to Watch was first launched in 2006 and annually features leading women directors who make an impact on public company boards. "We're honored to have Gina Hoagland on our board of directors and applaud her for th
FRUITLAND, Idaho and ST. LOUIS, May 03, 2022 (GLOBE NEWSWIRE) -- Woodgrain Inc. ("Woodgrain") and Huttig Building Products, Inc. ("Huttig,") are pleased to announce that Woodgrain has completed its acquisition of Huttig, a leading distributor of millwork, building materials, and wood products. This acquisition will significantly increase Woodgrain's distribution network, its product offering, and its value-added services. The cash tender offer for Huttig announced on March 28, 2022 expired at 11:59 p.m. on May 2, 2022. Based on information from the depositary for the tender offer, 19,250,622 shares representing approximately 70.4% of the outstanding shares of common stock of Huttig, were
ST. LOUIS, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Huttig Building Products (NASDAQ:HBP), one of the nation's largest wholesale distributors of millwork and specialty building products used principally in new residential construction and home improvement, plans to release its fourth quarter 2021 financial results on Wednesday, March 02, 2022 after market close. An earnings call with management is scheduled for Thursday, March 03, 2022 at 10:00 a.m. Central Daylight Time. Participants can listen to the call live via webcast by going to the investor portion of Huttig's website at http://investor.huttig.com. Participants can also access the live conference call via telephone at (866) 238-1641 or (
Third Quarter 2021 Highlights (as compared to prior year quarter): Net sales of $245.3 million compared to $212.7 millionGross margins increased to 23.2% compared to 20.1%Net earnings increased to $18.7 million compared to $6.1 millionTotal liquidity increased to $168.5 million compared to $69.8 millionAdjusted EBITDA increased to $17.5 million compared to $8.5 million ST. LOUIS, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Huttig Building Products, Inc. ("Huttig" or the "Company") (NASDAQ:HBP), a leading domestic distributor of millwork, building materials and wood products, today reported financial results for the third quarter ended September 30, 2021. "Despite the continued challen
ST. LOUIS, Oct. 20, 2021 (GLOBE NEWSWIRE) -- Huttig Building Products (NASDAQ:HBP), one of the nation's largest wholesale distributors of millwork and specialty building products used principally in new residential construction and home improvement, plans to release its third quarter 2021 financial results on Wednesday, November 3, 2021 after market close. An earnings call with management is scheduled for Thursday, November 4, 2021 at 10:00 a.m. Central Daylight Time. Participants can listen to the call live via webcast by going to the investor portion of Huttig's website at http://investor.huttig.com/news-and-events/investor-calendar. Participants can also access the live conference call
Second Quarter 2021 Highlights (as compared to prior year quarter): Net sales of $247.4 million compared to $192.0 millionGross margins increased to 22.4% compared to 20.2%Net earnings increased to $14.9 million compared to $1.6 million, which included a $1.5 million restructuring chargeTotal liquidity increased to $100.7 million compared to $56.0 millionAdjusted EBITDA increased to $17.4 million compared to $5.7 million ST. LOUIS, July 28, 2021 (GLOBE NEWSWIRE) -- Huttig Building Products, Inc. ("Huttig" or the "Company") (NASDAQ:HBP), a leading domestic distributor of millwork, building materials and wood products, today reported financial results for the second quarter ended June 30,