December 08, 2016 6:59 PM ET

Construction Materials

Company Overview of Boral Industries, Inc.

Company Overview

Boral Industries, Inc. manufactures and supplies construction materials in the United States. It offers clay bricks and pavers, clay tiles, cement additives, fly ash, limestone, sand and gravel, concrete roof tiles, and coal combustion products. The company offers its products through a network of direct selling locations, as well as a network of independent distributors. The company was incorporated in 1978 and is based in Roswell, Georgia with operating and distribution sites across the United States. Boral Industries, Inc. operates as a subsidiary of Boral Ltd.

200 Mansell Center East

Suite 310

Roswell, GA 30076-4856

United States

Founded in 1978

Phone:

770-645-4500

Fax:

770-645-2888

Key Executives for Boral Industries, Inc.

Chief Executive Officer and President
Chief Executive of Boral Limited
Age: 57
Vice-President
Compensation as of Fiscal Year 2016.

Boral Industries, Inc. Key Developments

Boral USA Opens Boral Innovation Factory

Boral USA unveiled its Boral Innovation Factory. The opening of the new 27,000-sq.-ft. facility supports the company’s commitment to disruptive innovation around durable, manmade light building products, bringing transformational solutions to market at an accelerated pace. The Boral Innovation Factory incorporates office space and analytical areas to incubate projects designed to enhance Boral’s growing businesses and long-term results, and deliver innovative customer solutions. Material science, polymer chemistry, composite products, durability testing and process development are the primary areas of focus in the U.S. The Innovation Factory’s active sister research and development center in Sydney, Australia, focuses on cementitious materials and concrete technology.

Boral USA Announces Earnings Results for the First Half of Fiscal Year 2016; Provides Earnings Guidance for the Fiscal Year 2016

Boral USA announced earnings results for the first half of fiscal year 2016. For the year the company reported revenue was AUD 512 million compared to AUD 396 million a year ago. EBITDA was AUD 33 million compared to AUD 12 million a year ago. EBIT was AUD 8 million compared to LBIT of AUD 8 million a year ago. The company is expected to report a further increase in earnings in fiscal year 2016 on the back of increased housing activity. External forecasters are projecting housing starts to increase to approximately 1.2 million starts in fiscal year 2016.

Boral USA Reports Audited Earnings Results for the Year Ended June 30, 2015; Provides Earnings Guidance for the Fiscal Year 2016

Boral USA reported audited earnings results for the year ended June 30, 2015. For the year, the company reported revenue of AUD 839 million against AUD 681 million a year ago. EBITDA was AUD 50 million against AUD 3 million a year ago. EBIT was AUD 6 million against LBIT of AUD 39 million a year ago. For the fiscal year 2016, the company expects to report a further increase in earnings on the back of increased housing activity. While the cost out program undertaken in 2015 will not be repeated, EBIT is expected to lift as a result of forecasters' projected increase in housing activity to approximately 1.2 million starts in 2016.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
November 20, 2016
Headwaters Incorporated
 

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