Charlotte, North Carolina -- During Carlisle Co.s' conference call to discuss its fourth quarter 2011 results, Dave Roberts, chairman, president and ceo, noted, "We will be building two new polyiso plants this year. One new plant will be located in the Seattle area and the second plant will be a replacement facility for our Kingston, New York factory."
Roberts said that polyiso (polyisocyanurate, PIR) "has done very well for us this year and last."
Carlisle's Hunter Panels business has previously been able to serve the market in the Northwest from its Tooele, Utah plant, said Roberts, noting that's difficult to do because of the distances involved. Putting a plant in the Seattle area allows the company to cover the Northwest US and also the southern part of Western Canada.
Hunter also has a leased facility near Kingston, New York, which has outlived its usefulness, Roberts said, adding that: "We just need to move into a new facility to further expand that business."
Discussing the state of the US construction sector, Roberts said, in the fourth quarter architects and contractors were starting to quote new projects that are on the books, and he expects developments later in the year. "But we are seeing more activity than we've seen in the last three years," he added.
A Hunter press release says the Washington State plant is scheduled to start operating in the first quarter of 2012, complementing existing PIR roofing plants in New York, Illinois, Pennsylvania, Texas, Florida and Utah.
Alma Garnett, vice president of Hunter Panels commented in the release that, "The North American construction industry is taking stock in energy conservation and rising to the challenge of ensuring that both new buildings and the retrofitting of existing buildings are designed to be more energy efficient. An added location for Hunter Panels in Washington makes it easier for designers and building owners in both the US and Western Canada to have access to our products."
(Conference call information courtesy of www.seekingalpha.com)