Builders FirstSource to Relocate and Expand to Kyle in the Texas Innovation Corridor

bfs_complex_lique_presentation-package.10.11.2022-(2)_page_09-min.png
Projects
Nov 02, 2022
Staff Reports

KYLE, TEXAS – Builders FirstSource, the nation’s largest manufacturer and supplier of building materials, will relocate its lumber yard and building supply distribution facility within Hays County to a larger, 47,000-square-foot building in Kyle, creating 40 new jobs and investing more than $16 million into the region. 

“We are excited for the opportunity to expand our footprint in Texas,” said Builders FirstSource Division President Mike Hiller. “Builders FirstSource is invested in building communities, and our growth in Texas not only benefits the people of Kyle, but our business as well. We look forward to a continued successful partnership with Hays County.” 

Located along Interstate 35, the new location will primarily be used to supply building materials to residential builders who are constructing new homes along the Interstate 35 corridor between Austin and San Antonio. Construction of the building in Hays County is estimated to begin in Q1 2023, with an anticipated completion date of July 2023. Rail spur work and site work has commenced.

“The Texas Innovation Corridor’s construction and real estate market continues to exponentially outshine other markets across the country, which makes the timing of this business expansion so pivotal,” said Jason Giulietti, President & CEO of the Greater San Marcos Partnership. “Hays County was the perfect launchpad for Builders FirstSource, and the company’s strategic decision to remain in Hays County during this growth underscores the region’s attributes that continue to set companies up for success.” 

The announcement became official during the Tuesday, Nov. 1, Kyle City Council meeting, when the Council approved a performance-based grant agreement with the company. Hays County also entered into a performance-based agreement with the company during a Commissioners Court meeting on Tuesday morning. 

"With this new location, Builders FirstSource will become the City of Kyle’s largest payer of sales taxes and a fundamentally critical business in our city,” said City of Kyle's Department of Economic Development Director Victoria Vargas. “Companies like Builders FirstSource realize that Kyle has the critical infrastructure to support exponential growth and business success, which is diversifying our local economy, strengthening our local tax base, and improving the quality of life for our residents.” 

This location is the first economic development announcement in the Texas Innovation Corridor for fiscal year 2023 (which began Oct. 1, 2022). The region is growing on unmatched success from fiscal year 2022, which finished with nine announcements totaling more than $2 billion in capital investment, 2,500 jobs and more than $284 million in projected new tax revenues. 

### 

About The Greater San Marcos Partnership 
The Greater San Marcos Partnership (GSMP) is the 501c6 regional economic development organization serving the city of San Marcos and Hays & Caldwell Counties, focused on positioning the region for a wider diversity of quality jobs with higher wages. The GSMP mission is to increase economic opportunities for all in the heart of the Texas Innovation Corridor. Visit greatersanmarcostx.com for more information. 

About Builders FirstSource 
Headquartered in Dallas, Texas, Builders FirstSource is the largest U.S. supplier of building products, prefabricated components, and value-added services to the professional market segment for new residential construction and repair and remodeling. We provide customers an integrated homebuilding solution, offering manufacturing, supply, delivery and installation of a full range of structural and related building products. We operate in 42 states with approximately 600 locations. For more information, visit www.bldr.com

About the City of Kyle's Department of Economic Development    
The city of Kyle's Department of Economic Development is a full-service organization providing resources and solutions for businesses and projects of all sizes. The department is a key component of the Community Development Team which seeks to create a thriving community. For more information, call the Economic Development Department at 512-262-3932 or go to KyleED.com.