Major Investment Affirms Kingspan's Commitment To Architectural Sector
Company Commits $10 Million To Product Development And Infrastructure Improvements For BENCHMARK By Kingspan Business
DeLand, FL – Kingspan Insulated Panels is pleased to announce the investment of $10M into the BENCHMARK by Kingspan North American business. This investment will include state-of-the-art foam-in-place panel manufacturing and increased capacity to meet growing demand. Enhancing the Designwall panels product set with more flexibility for width and thickness will also increase energy performance capability of up to R50.
This investment also covers the launch of BENCHMARK Kreate, a new insulated metal panel system that supports the needs of the growing architectural market, allowing limitless design capability in a single component. This product line not only minimizes overall build time, but also reduces the total number of panels, while delivering a superior aesthetic appeal.
This investment will be centered on the BENCHMARK by Kingspan facilities in Columbus, Ohio and Modesto, Calif., with product launches planned for Q1 2015. This, in addition to the recent acquisition of Dri-Design (www.dri-design.com), demonstrates an ongoing commitment from Kingspan to further enhance its product offerings.
“The goal is to address the needs of the marketplace and recognize the tremendous growth in the architectural sector, especially with the renewed focus on energy codes and sustainability.” stated Joe Brash, President Kingspan Insulated Panels North America. “We know the changes we are implementing are a huge step in that direction. We are investing in product performance as well as meeting customers’ needs.”
"Investing in current and new technology is just one more example of BENCHMARK by Kingspan’s leadership and innovation as they play a key role in the evolution of the global insulated building envelope," said a news release regarding the investment. "As an innovation leader Kingspan continues to provide tools, automation and technology to ensure a seamless customer experience and deliver superior architectural products."
About Kingspan Insulated Panels - North America
Kingspan Insulated Panels – North America is a business unit of Kingspan, a global company operating in more than 70 countries, with over 160 manufacturing facilities. Kingspan Insulated Panels – North America manufactures and markets three groups of products at its U.S., Canada and Mexico facilities: insulated metal wall and roof panel systems for commercial/industrial construction; insulated architectural panel and façade systems for design-driven projects; and controlled environment panels for cold-storage and climate-controlled warehousing. In addition to its commitment to quality and innovation, the company is on the leading edge of the sustainability movement with its global Planet Passionate Commitment to improve circularity, reduce waste, conserve water and reduce carbon emissions. To learn more visit www.kingspanpanels.us.