LaPolla Industries, Inc. is a national manufacturer and
supplier of spray polyurethane foams and acrylic coatings targeting commercial,
industrial and residential building envelope applications in the roofing and
insulation construction industries. The company’s products permit significant
reductions in energy consumption for both new construction and retrofit
applications. In addition to being the first in the industry to provide the
market with both open and closed cell technology, LaPolla recently unveiled its
innovative FOAM-LOK 2000-4G spray foam, which was the first in the world to
utilize Honeywell’s environmentally-friendly Solstice Liquid Blowing Agent.
“The domestic and international markets have been very
receptive to LaPolla’s state-of-the-art FOAM-LOK 2000-4G spray foam insulation
which provides a higher R-value, an increased yield and a more eco-friendly
solution utilizing the most current low GWP (global warming potential)
technology,” Doug Kramer, president and chief executive officer of LaPolla,
stated in a news release. “LaPolla insulation adds value to the environment and
homeowners worldwide.”
In recent months, LaPolla has increased its focus on the
U.S. residential market, and this strategy has provided the company with a
sustainable platform to realize improved financial results. In the first
quarter of 2015, LaPolla recorded an 8.6 percent year-over-year increase in total
sales, including a 9.9 percent sales increase for its foam segment.
“First quarter revenues of 2015 reflected our focus on foam
insulation growth in the U.S. residential markets,” continued Kramer. “The
increase in demand stemmed from… increased momentum in the market around a
transition to spray foam insulation away from traditional products and old
technology.”
In addition to single-family homes, LaPolla addresses the
insulation requirements of multi-family properties through its AirTight
Multi-Family Energy Reduction Program. This revolutionary platform utilizes a
proprietary five component approach to reduce energy usage while increasing
property value. In a recent proof of concept in New Jersey, the comprehensive
program provided a multi-family property with a massive 58 percent energy
savings during its peak season.
According to the Department of Energy, heating and cooling
systems use more than half of the energy consumed in American homes, accounting
for more than 500 million tons of carbon dioxide and 12 percent of total
nitrogen oxide emissions. Look for LaPolla to leverage statistics such as these
in order to continue increasing its presence in the evolving roofing and
insulation industries. For prospective investors, this market potential could
translate into sustainable returns in the years to come.
For more information, visit www.lapolla.com
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