Tremco CPG Inc. announced the acquisition of the wall system fabrication division of Carrollton, Texas-based NOW Specialties, LLC, a leading panel wall system fabricator specializing in metal composite material [MCM] and aluminum composite material [ACM] panels.
In an October 3 news release announcing the purchase, Tremco said the installation side of NOW Specialties was not part of the transaction. Terms of the deal were not disclosed.
“This acquisition represents a major step toward establishing Tremco as the leader in offsite construction — a significant and growing trend and a key strategic direction for the organization,” said Ron Kaminski, president, Tremco Commercial Sealants & Waterproofing Division.
“Besides adding MCM and ACM to our growing Modulite panel fabrication program, this acquisition aligns with our core value proposition of delivering systems that are easy to build and maintain,” Kaminski added. “[They are] virtually impervious to the elements and can be customized to provide nearly any desired look.”
A Gem Among Rocks
In its announcement, Tremco emphasized the desirability of NOW’s fabricated wall systems as a synergistic addition to its product line.
“The NOW-8000 system was particularly attractive to us because it has been tested in full accordance with 2015 IBC 1407 (metal composite materials) and 2015 IBC 1703.5 (labeling) and, since 2018, can bear the Intertek mark,” Kaminski said.Tremco said NOW Specialties was the first U.S. MCM fabricator to comply with IBC 2015 labeling requirements. With a drained/back-ventilated rainscreen, the NOW-8000 system is lightweight, “…easy to install, designed around proven route-and-return and tongue-in-groove technology, and meets the latest, most rigid test standards and building codes.” The company said that NOW’s commitment to third-party certification also aligned with Tremco’s focus on “tested” systems.
More than 10 years ago, Tremco invested in what is now the Tremco Building Science Laboratory. Developed in collaboration with the Air Barrier Association of America — and with input from the building science community — the Tremco Building Science Laboratory is a state-of-the-art facility for testing air and moisture infiltration/exfiltration in building enclosures. The company said these tests push systems beyond ASTM standards to help avoid energy loss, structural deterioration and poor indoor air quality.
Supporting Growth of Offsite Construction
Tremco said the benefits of offsite construction — including improved efficiency, higher quality and a faster path to revenue for building owners – are well documented and have increasingly been adopted by contractors, adding that with increased adoption, demand for more design options follows.
“The acquisition of NOW’s wall system fabrication segment allows us to expand our Modulite offerings,” Kaminski said. “[This gives] our customers additional choices, which already include several Outsulation continuous insulation panel types featuring a wide range of Dryvit brand finishes replicating brick, stone, woodgrain, granite, metal and more.”
With the addition of ACM and MCM panels to the Tremco portfolio, the company said developers and designers wanting metal panel facades can reduce the chances of envelope failure by taking advantage of tested, compatible building envelope systems and a single-source warranty. These systems can include below-grade waterproofing, air barriers, sealants, expansion joints, traffic coatings and more.
For more information, visit tremcocpg.com.