Business & people
Atlas Roofing buys ACH Foam Technologies
작성자 : Aeyoung Park
2018-09-03 |
조회 : 995
- Atlas Roofing buys ACH Foam Technologies
Atlas Roofing Corp. has acquired Westminster, Colo.-based ACH Foam Technologies Inc. to build up its product line and technology capabilities while creating what it says is the largest manufacturer of molded polystyrene in North America.
ACH has eight U.S. manufacturing plants producing architectural insulation, geofoam, protective packaging, cold-chain packaging and OEM components with block-molding and shape-molding processes.
Terms of the deal with the privately held Atlanta-based Atlas were not disclosed.
The acquisition improves Atlas' product offering and manufacturing capabilities, President Ken Farrish said. He oversees about 20 production sites in four divisions, including Atlas EPS, which specializes in expanded polystyrene insulation for interior and exterior construction applications, packaging uses, geofoam and components for recreational vehicles, doors and sunroom panels.
Atlas EPS started in the mid-1960s as Falcon Foam and has five plants, including one in Byron Center, Mich., which it says is the largest EPS manufacturing facility in the industry; Fredericktown and Perryville, Mo.; Martinsville, Va.; and Tijuana, Mexico.
ACH formed in 2005 through the merger of three companies — Advance Foam Products, Contour Products and Heartland EPS — and has plants in Denver; Gainesville, Ga.; Kansas City, Kan.; Washington, Iowa; Reno, Nev.; Murray, Utah; and Fond du Lac, Wis. ACH says the facilities house the most extensive molded PS processing capabilities in North America.
"The time-proven experience and accomplishments of both the ACH and Atlas EPS teams make us very optimistic about the potential of this combination and what we can do for our customers and our industry," Farrish said in a news release.
Atlas EPS products sell under the brand names of ThermalStar for below-grade sheathing and roofing applications; Elevation for geofoam structural fill for road and bridge projects; Integrity for custom EPS components for RV, spa cover and other manufacturers; and Matador for garage door insulation sold to consumers through Amazon.
"We are excited to combine the exceptional expertise, extensive manufacturing footprint and growth vision of ACH Foam Technologies with the outstanding Atlas portfolio," ACH President and CEO Mike Huempfner said in the news release.
