James Hardie Industries (JHX) said Wednesday its James Hardie Building Products unit signed a three-year exclusive supply deal with Davidson Homes.
Under the agreement, James Hardie will provide its Hardie siding and trim products for Davidson's housing projects in Alabama, Arizona, Georgia, Tennessee, and Texas, the company said.
The products will be used as the standard for all new Davidson Homes through 2028, it added.
Shares of James Hardie Industries were down 1.4% in recent trading.
Price: 25.59, Change: -0.36, Percent Change: -1.39
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.