Installed Building Products Awarded With “National Preferred Partner” Distinction for Fourth Year in a Row

Rhea-AI Summary

Installed Building Products (NYSE: IBP) has been awarded the National Preferred Partner Award by David Weekley Homes for the fourth consecutive year. This distinction recognizes field and manufacturing partners who consistently perform at world-class levels in terms of quality and customer service. Out of 122 companies evaluated, only 20% achieved this status, with IBP being one of just 12 companies in the field partner category. This honor underscores IBP's commitment to excellence and the company's strong partnership with David Weekley Homes. President of External Affairs, Jeff Hire, attributed this success to the company's dedication to outstanding service.

Positive

• IBP received the National Preferred Partner Award from David Weekley Homes for the fourth consecutive year.
• IBP is one of only 12 companies recognized in the field partner category.
• Out of 122 companies evaluated, only 20% achieved the National Preferred Partner status, highlighting IBP's commitment to quality and customer service.

Negative

• None.

COLUMBUS, Ohio--(BUSINESS WIRE)-- Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP) earned the National Preferred Partner Award from David Weekley Homes’ 20th annual National Preferred Partner Survey. The award recognizes field and manufacturing partners who have consistently operated at world-class levels, as determined by the home builder’s supplier evaluation platform.

For the fourth year in a row, IBP is one of only 12 companies named a National Preferred Partner in the field partner category. The comprehensive process evaluates companies in the areas of quality and customer service.

“Receiving this honor for the fourth consecutive year highlights our team's unwavering dedication to excellence,” said Jeff Hire, President of External Affairs at IBP. “Our customers, including the team at David Weekley Homes, depend on our commitment to outstanding service, and we are proud to fulfill that commitment consistently.”

Installed Building Products was one of 122 companies evaluated by David Weekley Homes and just 20% achieved the distinction of National Preferred Partner. The evaluation process involves a comprehensive system of feedback and discussion that enables David Weekley Homes to measure excellence among all established trade partners and their channel partners. Providers that receive the highest scores throughout the year are presented with the prestigious National Preferred Partners Award.

“Installed Building Products has consistently proven to be a valuable partner. We’re grateful for their phenomenal expertise and commitment to delivering a high-quality product to our homebuyers,” said John Schiegg, Vice President of Supply Chain Services, David Weekley Homes.

For more information about IBP visit https://installedbuildingproducts.com/

About Installed Building Products

Installed Building Products, Inc. is one of the nation's largest new residential insulation installers and is a diversified installer of complementary building products, including waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors and other products for residential and commercial builders located in the continental United States. The Company manages all aspects of the installation process for its customers, from direct purchase and receipt of materials from national manufacturers to its timely supply of materials to job sites and quality installation. The Company offers its portfolio of services for new and existing single-family and multi-family residential and commercial building projects in all 48 continental states and the District of Columbia from its national network of over 250 branch locations.

About David Weekley Homes

David Weekley Homes, founded in 1976, operates in 19 markets across the United States and is headquartered in Houston. David Weekley Homes was the first builder in the United States to be awarded the Triple Crown of American Home Building, an honor which includes “America’s Best Builder,” “National Housing Quality Award” and “National Builder of the Year.” Weekley Homes has been recognized 18 times by Great Place to Work^® and Fortune magazine as one of the 100 Best Companies to Work For. Since inception, David Weekley Homes has closed more than 120,000 homes. For more information about David Weekley Homes, visit the company’s website at www.davidweekleyhomes.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240702156167/en/

Investor Relations:

614-221-9944

investorrelations@installed.net

Source: Installed Building Products, Inc.

FAQ

What recent award did Installed Building Products (IBP) receive?

Installed Building Products (IBP) received the National Preferred Partner Award from David Weekley Homes for the fourth consecutive year.

How many companies achieved the National Preferred Partner status along with IBP?

Out of 122 companies evaluated, only 20% achieved the National Preferred Partner status, with IBP being one of just 12 in the field partner category.

What does the National Preferred Partner Award signify for IBP?

The National Preferred Partner Award signifies IBP's consistent performance at world-class levels in quality and customer service, as recognized by David Weekley Homes.

Who praised Installed Building Products for their expertise and commitment?

John Schiegg, Vice President of Supply Chain Services at David Weekley Homes, praised Installed Building Products for their expertise and commitment to delivering high-quality products.

Who attributed IBP's success to their dedication to service?

Jeff Hire, President of External Affairs at IBP, attributed the company's success to their unwavering dedication to outstanding service.