BuildDirect Subsidiary Signs US$500,000 Contract with U.S. Real Estate Investment Firm
BuildDirect.com Technologies Inc. (“BuildDirect” or the “Company”), a leading omnichannel building material retailer, is pleased to announce that the Company’s wholly-owned U.S. subsidiary, FloorSource Wholesale & Supply (“FloorSource”) has signed an approximately US$500,000 contract (the “Contract”) with a U.S. real estate investment firm (the “Customer”) in connection with a luxury multi-family real estate project in Michigan, United States, that is currently in development (the “Project”).
According to the terms of the Contract, FloorSource will provide approximately 114,000 square feet of vinyl plank and 7,300 square yards of carpet to the Customer for the Project. The Contract is expected to be completed in Q1 2023 and the FloorSource intends to secure more contracts for additional properties from the Customer.
“This contract highlights our commitment to expand our sales pipeline for our flooring products,” said Shawn Wilson, CEO of BuildDirect. “Moving forward, we intend to maintain strong business relationships with our customers in order to supply them with more building materials for other projects in the future.”
BuildDirect (TSXV: BILD) is a leading omnichannel building material retailer. BuildDirect connects North American home improvement B2B and B2C organizations, and homeowners with quality building materials and services through its robust global supply chain network. BuildDirect’s growth trajectory, strong product offering, and proprietary heavyweight delivery network are delivering value today, solidifying its position as an innovative player in the home improvement industry. For more information, visit www.builddirect.com.
Source: BuildDirect.com Technologies Inc.