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Hardwoods Distribution Inc. - Company Profile

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Hardwoods Distribution Inc. - Overview

Description
Hardwoods Distribution is a public company headquartered in British Columbia with an estimated 3,800 employees. In the US, the company has a notable market share in at least one industry: Wood Paneling Manufacturing, where they account for an estimated 0.1% of total industry revenue.
Company Details

Registered Name: Hardwoods Distribution Inc.

Company Type: Other

Headquarters: #306 - 9440 202nd Street Langley A1 V1M 4A6

Employees: 3800

Hardwoods Distribution Inc. - Operating Industries and Main Competitors

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Hardwoods Distribution Inc. - Products and Services

  • Wood Paneling Manufacturing in the US

  • Of the 5 core revenue-generating products and services in the Wood Paneling Manufacturing in the US industry, Hardwoods Distribution Inc. offers:
    • Engineered wood products
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Hardwoods Distribution Inc. - Analyst Insights

Company acquires leading distributor of building materials

In 2021, Hardwoods Distribution Inc. (HDI) purchased New Zeeland-based Novo Building Products Holdings, LLC (Novo) for $303.0 million. The acquisition of Novo, a leading distributor of architectural grade building products to home centers and to home builder distribution yards across the United States, enhances HDI’s existing operations as a distributor of high value, specialty, non-commodity building materials. Novo's product suite includes molding and millwork, stair systems, decorative boards and doors which are complementary to HDI’s products.

M&A


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Hardwoods Distribution Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Hardwoods Distribution Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Wood Paneling Manufacturing in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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