Installed Building Products (IBP) announced the acquisition of Carolina Precision Fibers. Located in Ronda, North Carolina, CPF manufactures cellulose-based insulation for homes, hydromulch for erosion control, and composite materials used in industrial applications. The company has annual revenue of over $20M with a service area reaching the Northeast, Midwest, Mid-Atlantic, and Southeast regions of the United States.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IBP:
- Installed Building Products Acquires Carolina Precision Fibers
- Installed Building Products Announces Share Repurchase Agreement
- Installed Building Products’ Q2 2025 Earnings Call Insights
- Installed Building Products price target raised to $225 from $175 at Jefferies
- Starbucks upgraded, Shopify downgraded: Wall Street’s top analyst calls