James Hardie Industries PLC (JHX) surged 5.18% in after-hours trading on Thursday, following the announcement of an expanded distribution partnership with Boise Cascade.
The company revealed that Boise Cascade will now distribute James Hardie's full exterior building products portfolio across its nationwide network. This expanded agreement significantly broadens the reach of James Hardie's product offerings through one of the largest building materials distributors in the United States.
The partnership expansion comes amid strong momentum for James Hardie, with the stock delivering a 42.38% return over the past 90 days, reflecting growing investor confidence in the company's growth strategy and market position in the building products sector.