Carlisle Construction Materials to Acquire Insulfoam EPS Business
Carlisle Construction Materials (CCM), a
leading manufacturer of building materials for the roofing, waterproofing,
insulation and HVAC industries, has announced the acquisition of Insulfoam from
privately-held Premier Industries of Tacoma,
Washington. Insulfoam is a
leading manufacturer of block-moulded expanded polystyrene (EPS) products used
primarily as insulation in the building and construction industry. With nearly
750 employees and 13 production and fabrication facilities across the United States,
Insulfoam will operate as a stand-alone entity within CCM.
“Insulfoam and its talented people will be
an excellent addition to Carlisle Construction Materials,” said John Altmeyer, Carlisle’s president and CEO. “Carlisle
and its divisions already participate strongly in energy saving building
products. This will enhance Carlisle’s overall
offerings for building owners, architects and contractors who want to promote
and utilize energy-efficient construction products.”
Insulfoam’s full line of EPS products
possess outstanding attributes and insulating properties making it one of the
most cost-effective construction materials for a wide range of applications.
Insulfoam’s broad product offering includes wall and door insulation, terrain
stabilizer, concrete and wood building panels and architectural forms.
Insulfoam also participates in the roofing insulation market, primarily in the
commercial, single-ply segment. Insulfoam’s technical capabilities in design,
materials, code approvals and testing provide a strong foundation for the
company’s continued development of EPS as an innovative material substitutions
in other industrial markets. EPS products are environmentally-friendly and
readily recyclable.
The acquisition broadens Carlisle’s
insulation portfolio and extends its reach into vertical areas of buildings
where demands for energy efficiency and management will continue to increase.
Carlisle Construction Materials is a subsidiary of Carlisle Companies
Incorporated, headquartered in Charlotte,
NC. Carlisle Companies is a
diversified global manufacturing company serving the construction materials,
commercial roofing, specialty tire and wheel, power transmission, heavy duty
brake and friction, heavy-haul trailer, foodservice, refrigerated truck bodies
and data transmission industries.