Why Builders FirstSource bought ICG; and why Pulte sold it
Builders FirstSource’s acquisition of Innovative Construction Group (ICG) from PulteGroup signals that, while homebuilders see value in off-site construction, many prefer to rely on third-party manufacturers rather than own those operations themselves, especially during down cycles. Builders FirstSource announced Monday that it will acquire ICG for an undisclosed price. ICG, which manufactures, sells and installs […]
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