Meza Arizona -- American Insulock Inc has signed an agreement under which Lion Holdings llc, a business development company with expertise in the Middle East/Persian Gulf Region, will help Insulock promote its polyurethane-based building products in the region.
"Lion Holdings founder Richard Lian "has the innate ability to create opportunities both domestically and internationally by opening doors to the highest ranking officials in both the private and public sector," said Joel Borovay, American Insulock's ceo, in an 11 Sept announcement from the Meza, Arizona-based group.
"Lion Holdings is engaged in the strategic development of relationships to develop for American Insulock Inc. the opportunity to provide the Insulock Block to the entire Middle East/Persian Gulf Region," said Lian. Infrastructure development projects for homes in Saudi Arabia will see "many, many thousands of housing units built in the short term, in a market with a very strong demand for residences," he continued. Demand will remain "very strong for the next seven to ten years and we believe that we can position American Insulock Inc. through partner relationships to provide innovative building products to the partners in the region," commented Lian.
American Insulock's core business is manufacture of insulating concrete forms - Insulock Blocks - produced from a class-1 fire-rated polyurethane, and used to construct walls and buildings that are "highly effective at absorbing sound and provide significant insulating value," the company claims.