CGC Completes Acquisition of Imperial Building Products

AI Article Summary
CGC Inc. has completed its acquisition of Imperial Building Products, a Canadian manufacturer specializing in steel framing and drywall solutions. This acquisition includes IBP's five-plant network across multiple Canadian provinces, aimed at enhancing CGC's offerings for both residential and commercial construction. Sid Tetz will manage IBP as general manager and vice-president, and IBP will remain a distinct unit under CGC. The acquisition aims to boost CGC's growth in the Canadian market and support national housing and infrastructure goals.