Foxworth-Galbraith Roofing Supply Company Profile

Background

Overview

Foxworth-Galbraith Roofing Supply, a division of Foxworth-Galbraith Lumber Company, is a leading supplier of roofing materials and accessories in the Southwest United States. Established in 1901, the company has a longstanding history of providing quality products and services to home builders, roofing contractors, commercial builders, remodelers, and owner-builders. With a focus on high-volume distribution and competitive pricing, Foxworth-Galbraith Roofing Supply has become a trusted partner in the construction industry.

Mission and Vision

The company's mission is to win customer loyalty by solving construction and supply problems, emphasizing honesty, integrity, and strong values. Guided by a tradition of putting customers first, Foxworth-Galbraith Roofing Supply aims to provide superior service and quality materials to meet the diverse needs of its clientele.

Primary Area of Focus

Specializing in roofing materials, the company offers a comprehensive range of products, including composite shingles, metal panels, tile/clay shingles, synthetic shingles, low-slope roofing systems, underlayments, OSB/plywood, roof coatings, metal edging, roof jacks and turbines, ventilation systems, skylights, and nails and fasteners. These products cater to both residential and commercial construction projects.

Industry Significance

As one of the largest lumber and building material suppliers in the Southwest, Foxworth-Galbraith Roofing Supply plays a pivotal role in the construction industry. Its extensive product offerings and commitment to customer service have solidified its position as a key player in the roofing supply sector.

Key Strategic Focus

Core Objectives

Customer Loyalty: Focus on solving construction and supply problems to build lasting relationships with clients.

Service Excellence: Provide superior service through dedicated sales representatives, volume pricing, estimates, job site delivery, credit terms, and marketing services.

Competitive Pricing: Offer high-quality products at competitive prices to meet the needs of both large-scale and small-scale projects.

Areas of Specialization

Residential Roofing: Supplying materials for new homes, remodels, and small repair jobs.

Commercial Roofing: Providing products for commercial buildings, including apartment complexes, restaurants, strip centers, hotels, and more.

Key Technologies Utilized

While specific technological platforms are not detailed, the company's focus on high-volume distribution and competitive pricing suggests the use of efficient supply chain management systems and customer relationship management (CRM) tools to streamline operations and enhance customer service.

Primary Markets Targeted

Geographical Markets: Southern New Mexico, El Paso, and Central Texas, including cities like Las Cruces, Alamogordo, Hobbs, Carlsbad, Artesia, Belton, Waco, Killeen, Temple, Georgetown, Round Rock, and North Austin.

Customer Segments: Home builders, roofing contractors, commercial builders, remodelers, and owner-builders.

Financials and Funding

Funding History

Specific details regarding the company's funding history are not publicly disclosed. However, in July 2022, Foxworth-Galbraith Lumber Company, the parent company of Foxworth-Galbraith Roofing Supply, was acquired by US LBM Holdings, a leading distributor of specialty building materials in the United States. This acquisition expanded US LBM's reach across the Southwest, including Texas, Arizona, New Mexico, Colorado, and Oklahoma.

Utilization of Capital

Post-acquisition, the integration with US LBM Holdings is expected to enhance operational efficiencies, expand product offerings, and strengthen market presence in the Southwest region. Specific utilization of capital post-acquisition has not been publicly detailed.

Pipeline Development

As a roofing supply company, Foxworth-Galbraith Roofing Supply focuses on sourcing and distributing a wide range of roofing materials and accessories. While specific pipeline candidates or product development stages are not detailed, the company's extensive product offerings suggest a commitment to meeting diverse customer needs in both residential and commercial sectors.

Technological Platform and Innovation

Proprietary Technologies

Specific proprietary technologies are not publicly disclosed. However, the company's integration with US LBM Holdings may provide access to advanced supply chain management systems and technological platforms to enhance operational efficiency.

Significant Scientific Methods

While specific scientific methodologies are not detailed, the company's focus on high-volume distribution and competitive pricing indicates the use of efficient logistics and inventory management practices.

Leadership Team

Key Executives

Jack Foxworth: President and CEO of Foxworth-Galbraith Lumber Company. Under his leadership, the company has maintained a strong presence in the Southwest and has successfully integrated with US LBM Holdings.

Leadership Changes

In September 2023, the Chairman-emeritus of Foxworth-Galbraith Lumber Company retired, marking a significant leadership transition. Specific details regarding successor appointments have not been publicly disclosed.

Competitor Profile

Market Insights and Dynamics

The roofing supply industry in the Southwest United States is characterized by a competitive landscape with several key players. The market is influenced by factors such as construction activity, economic conditions, and regional demand for roofing materials.

Competitor Analysis

Rogers Lumber Company: A competitor in the Southwest region, offering similar products and services.

Stahlman Lumber Company: Another competitor in the industry, providing building materials and roofing supplies.

Montalbano Lumber: A competitor offering a range of lumber and building materials.

Strategic Collaborations and Partnerships

The acquisition by US LBM Holdings in July 2022 has positioned Foxworth-Galbraith Roofing Supply within a larger distribution network, offering potential for cross-selling integrated construction solutions and accessing diverse customer segments throughout the U.S.

Operational Insights

The integration with US LBM Holdings is expected to enhance operational efficiencies, expand product offerings, and strengthen market presence in the Southwest region. Specific strategic considerations in relation to major competitors have not been publicly detailed.

Strategic Opportunities and Future Directions

The acquisition by US LBM Holdings presents opportunities for Foxworth-Galbraith Roofing Supply to leverage a broader product portfolio, enhance customer service capabilities, and expand its market reach across the Southwest and beyond. Specific future business directions and expansion plans have not been publicly disclosed.