James Hardie Building Products Inc. Secures Exclusive Product Deal with M/I Homes
James Hardie Building Products (NYSE: JHX) has secured a three-year exclusive agreement with M/I Homes, making Hardie® siding and trim products the standard feature on all new M/I Homes residences where hard siding is installed. This agreement strengthens their decade-long relationship and positions M/I Homes to offer enhanced protection and durability to customers.
Hardie® products are noncombustible, pest-resistant, water-resistant, and designed to withstand extreme weather conditions. The products come in a wide range of colors across multiple collections, offering versatile design options. This exclusive product agreement aims to deliver high-quality, climate-resilient homes nationwide.
James Hardie Building Products (NYSE: JHX) ha stipulato un accordo esclusivo triennale con M/I Homes, rendendo i prodotti di rivestimento e finitura Hardie® la caratteristica standard in tutte le nuove residenze M/I Homes dove è installato il rivestimento in materiali duri. Questo accordo rafforza la loro relazione decennale e consente a M/I Homes di offrire una maggiore protezione e durata ai clienti.
I prodotti Hardie® sono non combustibili, resistenti ai parassiti, impermeabili e progettati per resistere a condizioni climatiche estreme. I prodotti sono disponibili in un'ampia gamma di colori in diverse collezioni, offrendo opzioni di design versatili. Questo accordo esclusivo sui prodotti mira a fornire case di alta qualità e resilienti al clima in tutto il paese.
James Hardie Building Products (NYSE: JHX) ha conseguido un acuerdo exclusivo de tres años con M/I Homes, convirtiendo los productos de revestimiento y molduras Hardie® en la característica estándar de todas las nuevas residencias de M/I Homes donde se instale revestimiento duro. Este acuerdo fortalece su relación de una década y permite a M/I Homes ofrecer una mayor protección y durabilidad a sus clientes.
Los productos Hardie® son no combustibles, resistentes a los insectos, impermeables y diseñados para soportar condiciones climáticas extremas. Los productos vienen en una amplia gama de colores de múltiples colecciones, ofreciendo opciones de diseño versátiles. Este acuerdo exclusivo de productos tiene como objetivo ofrecer casas de alta calidad y resilientes al clima en todo el país.
제임스 하디 빌딩 제품 (NYSE: JHX)은 M/I 홈즈와 3년 간의 독점 계약을 체결하여 Hardie® 사이딩 및 트림 제품을 하드 사이딩이 설치된 모든 신규 M/I 홈즈 주택의 표준 특징으로 설정했습니다. 이 계약은 10년 간의 관계를 강화하며 M/I 홈즈가 고객에게 향상된 보호 및 내구성을 제공할 수 있도록 합니다.
Hardie® 제품은 비가연성이며, 해충 저항성, 방수성을 갖추고 있으며 극한의 기상 조건을 견딜 수 있도록 설계되었습니다. 이 제품들은 다양한 컬렉션의 폭넓은 색상으로 제공되어 다기능 디자인 옵션을 제공합니다. 이 독점 제품 계약은 전국적으로 고품질의 기후 저항성이 뛰어난 주택을 제공하려고 합니다.
James Hardie Building Products (NYSE: JHX) a conclu un accord exclusif de trois ans avec M/I Homes, rendant les produits de revêtement et de finition Hardie® la caractéristique standard de toutes les nouvelles résidences M/I Homes où un revêtement dur est installé. Cet accord renforce leur relation de dix ans et permet à M/I Homes d'offrir une protection et une durabilité améliorées à ses clients.
Les produits Hardie® sont incombustibles, résistants aux nuisibles, imperméables et conçus pour résister à des conditions climatiques extrêmes. Les produits sont disponibles dans une large gamme de couleurs à travers plusieurs collections, offrant des options de conception polyvalentes. Cet accord exclusif sur les produits vise à livrer des maisons de haute qualité, résilientes aux climats à l'échelle nationale.
James Hardie Building Products (NYSE: JHX) hat einen dreijährigen Exklusivvertrag mit M/I Homes gesichert, wodurch Hardie® Fassaden- und Zierteile zu einem Standardmerkmal in allen neuen M/I Homes Wohnhäusern werden, in denen hartes Material verbaut wird. Dieser Vertrag stärkt ihre seit einem Jahrzehnt bestehende Beziehung und ermöglicht es M/I Homes, den Kunden verbesserte Schutz- und Haltbarkeitsleistungen anzubieten.
Die Hardie® Produkte sind nicht brennbar, widerstandsfähig gegen Schädlinge, wasserabweisend und so konzipiert, dass sie extremen Wetterbedingungen standhalten. Die Produkte sind in einer Vielzahl von Farben aus verschiedenen Kollektionen erhältlich und bieten vielseitige Gestaltungsmöglichkeiten. Dieser exklusive Produktvertrag zielt darauf ab, landesweit hochwertige, klimafeste Häuser anzubieten.
- Secured three-year exclusive supplier agreement with major US homebuilder M/I Homes
- Expands market presence across M/I Homes' operations in multiple US states
- Strengthens existing decade-long business relationship
- Guarantees steady revenue stream from all M/I Homes' new constructions requiring hard siding
- None.
Insights
The exclusive three-year agreement with M/I Homes represents a strategic coup for James Hardie, securing guaranteed market share in a competitive building materials sector. M/I Homes operates in 16 major markets across the U.S., including high-growth regions like Texas, Florida and North Carolina, providing JHX with consistent demand channels in important territories.
The deal's timing is particularly advantageous as the housing market shows signs of recovery in 2025, with potential interest rate cuts on the horizon. M/I Homes' position as a leading homebuilder in first-time and move-up buyer segments provides JHX with exposure to the most active segments of new home construction.
Beyond immediate revenue implications, this agreement delivers three key strategic benefits:
- Supply Chain Optimization: Predictable demand enables better production planning and inventory management
- Market Leadership Reinforcement: Exclusive deals with major builders create barriers to entry for competitors
- Regional Expansion Support: M/I Homes' presence in key growth markets aligns with JHX's market penetration strategy
The standardization of Hardie® products across M/I Homes' developments also strengthens JHX's brand position in the residential construction sector, potentially influencing other builders' product choices and supporting pricing power in the market.
- The Nation's #1 brand of siding becomes sole siding and trim supplier for one of the country's leading home builders -
The exclusive agreement solidifies a decade-long relationship between James Hardie and M/I Homes, making Hardie® siding and trim products a standard feature on every new M/I Homes residence where hard siding is installed.
Mike Glassmeyer, Vice President of National Purchasing at M/I Homes, expressed his excitement, saying, "Our longstanding collaboration with James Hardie has been advantageous. This exclusive agreement, which integrates various Hardie® siding and trim products into our new home developments, positions us to offer our customers enhanced protection, superior durability, gorgeous aesthetics, and low maintenance solutions for their new homes."
Homebuyers from M/I Homes can now look forward to the trusted protection and exceptional craftsmanship of Hardie® in their dream home. Hardie® siding and trim products are noncombustible*, won't appeal to pests, resists damage from water and are designed to withstand extreme weather conditions. With a wide range of colors available across multiple collections and products, James Hardie provides limitless design options, catering to traditional, ultra-modern and everything in between.
"Our vision at James Hardie is to inspire how communities design, build, and grow today and tomorrow," said Sean Gadd, President of James Hardie North America. This vision is brought to life in every quality M/I Home. We are thrilled to bring the James Hardie curb appeal to beautifully crafted homes and neighborhoods nationwide and look forward to collaborating with M/I for many years to come."
The exclusive product agreement between James Hardie and M/I Homes is aimed at delivering high-quality, climate-resilient homes. By leveraging industry expertise and innovations, the collaboration promises new homes that are not only aesthetically pleasing but also built to last.
For more information about James Hardie Building Products Inc. and Hardie® products, visit www.JamesHardie.com.
*Hardie® siding complies with ASTM E136 as a noncombustible cladding. Fiber cement fire resistance does not extend to applied paints or coatings, which may be damaged or char when exposed to flames.
James Hardie Building Products Inc.
James Hardie is a North American leader in fiber cement exterior design solutions. Hardie® products offer long-lasting beauty and endless design possibilities with trusted protection and low maintenance. As the #1 producer of high-performance fiber cement building solutions in the United States, James Hardie offers siding and accessories for every style. Hardie® products are noncombustible and stand up to weather and time while empowering homeowners and building professionals to achieve the home of their dreams. James Hardie operates with an inclusive company culture and an unwavering commitment to Zero Harm. The company proudly employs a diverse workforce of over 3,700 employees in
For more information and media resources, visit JamesHardie.com and JamesHardie.com/about-us/media-resources. For investor information, please visit ir.jameshardie.com.au.
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Media Contact:
James Hardie
jameshardieuspr@webershandwick.com
Investor Contact:
Joe Ahlersmeyer, CFA
Vice President, Investor Relations
investors@jameshardie.com
About M/I Homes
M/I Homes, Inc. is one of the nation's leading homebuilders of single-family homes. The Company has homebuilding operations in
For more information, visit www.mihomes.com
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SOURCE James Hardie Building Products Inc.
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