Select Interior Concepts Expands Into Boise, Idaho Market
08 Marzo 2021 - 7:00AM
Select Interior Concepts, Inc. (NASDAQ: SIC), a premier installer
and nationwide distributor of interior building products, today
announced the Company is expanding the markets it serves, adding
Boise, Idaho to its 31 existing Residential Design Services (RDS)
locations. The greenfield expansion positions SIC’s RDS subsidiary
to support and extend a key partnership with Woodbridge Pacific
Group, LLC, a developer of architecturally distinctive homes in
premier areas.
Chief Executive Officer L.W. (Bill) Varner, Jr. commented, “We
are excited to announce RDS’s geographic expansion into the
fast-growing Boise, Idaho market in support of one of our longest
and most important partnerships. For more than two decades, RDS has
worked closely with Woodbridge as it built high-quality homes in
some of Southern California’s most desirable locations. We look
forward to providing the same top-quality interior design
installation services in a new region, in the process helping both
RDS and Woodbridge grow and serve a new group of homebuyers seeking
superior homes in attractive locations.”
Through its partnership with Woodbridge, RDS will provide design
and installation work for multiple communities to be built in the
Boise Metropolitan Area. Construction is scheduled to commence in
several phases beginning in mid-2021.
ABOUT SELECT INTERIOR CONCEPTS
Select Interior Concepts is a premier installer and nationwide
distributor of interior building products with leading market
positions in highly attractive markets. Headquartered in Atlanta,
Georgia, Select Interior Concepts is listed on the NASDAQ. The
Residential Design Services segment provides integrated design,
sourcing and installation solutions to customers, in the selection
of a broad array of interior products and finishes, including
flooring, cabinets, countertops, window treatments, and related
interior items. The Architectural Surfaces Group segment
distributes natural and engineered stone through a national network
of distribution centers and showrooms under proprietary brand names
such as PentalQuartz and MetroQuartz. For more information, visit:
www.selectinteriorconcepts.com.
ABOUT WOODBRIDGE PACIFIC GROUP, LLC
Woodbridge Pacific Group, LLC is dedicated to crafting premium
communities and homes by selecting premier areas, talented
architects, designers, and craftsman to create a truly beautiful
and unique home. Its homes have received industry accolades for
their design and execution. Woodbridge closed nearly 200 homes in
the Southern California market during 2020 and has served the
Southern California markets for years.
FORWARD-LOOKING STATEMENTS
This press release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended, and, as such, may involve known and unknown risks,
uncertainties and assumptions. Forward-looking statements may be
identified by the use of words such as “anticipate,” “believe,”
“estimate,” “intend,” “could,” “should,” “would,” “may,” “seek,”
“plan,” “might,” “will,” “expect,” “predict,” “project,”
“forecast,” “potential,” “continue,” and other forms of these words
or similar words or expressions or the negatives thereof.
Forward-looking statements are based on historical information
available at the time the statements are made and are based on
management’s reasonable belief or expectations with respect to
future events. Forward-looking statements are subject to risks,
uncertainties, and other factors, including, but not limited to,
risks and uncertainties relating to the COVID 19 pandemic
(including those contained in our Form 8-K filed on May 5, 2020)
and those factors contained in our Annual Report on Form 10-K for
the fiscal year ended December 31, 2019 (our “Annual Report”) and
the other reports we file with the SEC, that may cause the
Company’s actual results, level of activity, performance or
achievement to be materially different from the results or plans
expressed or implied by such forward-looking statements. All
forward-looking statements in this press release are qualified by
the factors, risks and uncertainties contained in our Annual
Report. Forward-looking statements should not be read as a
guarantee of future performance or results, and will not
necessarily be accurate indications of the times at or by which
such performance or results will be achieved. Forward-looking
statements speak only as of the date on which they are made and the
Company undertakes no obligation to update any forward-looking
statement to reflect future events, developments or otherwise,
except as may be required by applicable law.
CONTACTS:
Investor Relations:Josh Large(470)
548-7370ir@sicinc.com
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