ICF Industry Consolidation
ARXX Building Products filed bankruptcy at the end of December . In the beginning of the month, Reward Wall announced that it’s selling its assets to Airlite/Fox Blocks. Here’s my take on the current consolidation in the insulated concrete forms market.
There are two kinds of suppliers in the ICF industry: Those that make their own products and those that outsource manufacturing.
The ones that manufacture their own products tend to have higher margins because they don’t share margin with contract manufacturers. These companies also have better control over their product quality, costs and supply chains. The industry competes primarily on price. Read more