Core Insights - James Hardie Building Products Inc. has entered into a multi-year exclusive agreement with Daiwa House USA subsidiaries, including Stanley Martin Homes, CastleRock Communities, and Trumark Homes, to supply Hardie® siding and trim products for new housing developments across the United States until the end of 2027 [1][4][7] Company Overview - James Hardie is recognized as the leading brand of siding in North America, specializing in fiber cement siding and trim products that are designed for durability and aesthetic appeal [4][9] - Daiwa House Group, established in 1955, is a major provider of residential housing in Japan, operating in 25 countries and offering a diverse range of real estate services [2][11] Agreement Details - The agreement will standardize the use of Hardie® siding and trim products in select new homes built by the three subsidiaries, enhancing the quality and performance of these homes [4][6] - The collaboration aims to deliver premium exterior solutions that prioritize both performance and aesthetics, benefiting homebuyers with trusted protection and superior craftsmanship [6][7] Strategic Importance - This partnership reinforces James Hardie's commitment to setting industry standards in durability, affordability, and climate resilience, while also expanding its market presence through collaboration with established homebuilders [4][7] - The relationship is expected to elevate homebuilding standards by combining the expertise and innovation of both companies, ultimately benefiting a wide range of buyers [7]
James Hardie Building Products Inc. Announces Exclusive Product Deal with Three Subsidiaries of Daiwa House USA Holdings Inc.