NCI Building Systems, Inc., headquartered in Houston, TX, is the largest independent, publicly-traded (NYSE:NCS) provider of metal coil coating, metal components and metal building systems in North America. NCI's three distinct business segments support a vertically-integrated business model that provides products and services primarily related to steel, benefit from the centralized purchasing of common materials, and include many of the top brands in the industry. NCI predominantly serves the low-rise nonresidential sector, which has been estimated to have been more than $208 billion in the United States in 2008 and includes commercial, such as office and retail buildings; industrial, including manufacturing and warehousing facilities; as well as, institutional, comprised of schools, healthcare and places of worship.
NCI's steel products offer several advantages with design flexibility, stunning aesthetics, and long-term cost savings. In addition, they meet many of today's criteria for sustainability--improving the energy performance of a building, long-life expectancy, and a high composition of recycled content. With plants strategically located throughout the United States and Mexico, NCI is able to select the production facility closest to the job site so that plant utilization is optimized, transportation costs are reduced, and resources are minimized. It is through these benefits and NCI's proven commitment to the needs of builders, architects, general contractors, facility owners and operators that NCI has remained an industry leader.
For the fiscal year ended November 2, 2008, sales increased 8.6% to $1.76 billion from the $1.63 billion reported for 2007. Operating income was $154.7 million or 8.8% of sales up from $131.7 million, or 8.1% of sales in 2007. Net income was $78.9 million, an increase of 24% over the $63.7 million earned in 2007. Full year 2008 earnings per diluted share were $4.05, up 32% from the $3.06 reported last year.
To learn more about NCI logon to www.ncilp.com
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