Installed Building Products (NYSE:IBP) said on Monday it acquired Carolina Precision Fibers [CPF], a North Carolina-based manufacturer of cellulose-based insulation and composite materials, adding more than $20 million in annual revenue.
- CPF manufactures cellulose-based insulation for homes, hydromulch for erosion control, and
IBP acquires Carolina Precision Fibers, adding $20 mln in annual revenue

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