Installed Building Products, Inc. is a new residential insulation installer and a diversified installer of complementary building products, including waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors and other products for residential and commercial builders located in the continental United States. The Company operates through three segments: Installation, Distribution and Manufacturing. Installation segment is engaged in the installation of various products in the residential new construction, repair and remodel and commercial construction end markets. Distribution segment sells insulation, gutters and accessories primarily to installers of these products who operate in multiple end markets. Manufacturing segment consists of its cellulose insulation manufacturing operations. The Company also offers installation of fiberglass and spray foam insulation.