Hoover's Strategic Acquisition Fuels Innovation in Construction
Hoover Treated Wood Products, Inc. is taking a significant step towards expanding its product offerings by acquiring Arconic Architectural Products, LLC. This acquisition paves the way for Hoover to venture into the exterior aluminum cladding market, marking the birth of a new division named Hoover Architectural Solutions, LLC. This strategic move aligns with Hoover's 70-year mission of enhancing fire and life safety in the construction industry.
Expanding Safety and Quality Standards
For over seven decades, Hoover has been a pioneer in providing fire-retardant-treated wood (FRTW) solutions, effectively safeguarding structures internally. With the introduction of Hoover Architectural Solutions, the company seeks to extend this legacy to exterior cladding and signage using aluminum composite materials (ACM). The new division will produce an array of innovative products including Reynobond® Fire Retardant (FR), Reynobond® Polyethylene (PE), along with Reynoplate® and Reynoclad®.
Meeting the Needs of Building Professionals
The comprehensive range of products will offer building professionals throughout North America reliable and trusted solutions for safety and aesthetics. "As the leader in FRTW, Hoover's commitment to life safety and innovation is unwavering," stated David Gillrie, CEO of Hoover Treated Wood Products. He emphasized that this acquisition reflects their ambition to broaden their range of materials while ensuring the same confidence in safety and quality.
Strengthening the Brand
Following the acquisition, the facility in Eastman will officially operate under the Hoover brand, focusing primarily on the production of exterior aluminum cladding and signage. This commitment reflects Hoover's dedication to upholding stringent standards of code compliance and service quality. Sebastien Jacob, General Manager of the new division, expressed pride in joining forces with a company renowned for its legacy of safety and innovation.
Independence of Operations
Although the newly formed Hoover Architectural Solutions is now part of Hoover's operations, both entities will continue to function independently. This approach ensures that Hoover maintains its focus on producing high-quality fire-retardant-treated wood while innovating in the aluminum cladding space.
About Hoover Architectural Solutions
Hoover is committed to delivering safe, compliant, building materials with 11 treatment and manufacturing facilities nationwide. The company stands out as a leader in the FRTW sector, featuring products like PyroGuard™ and ExteriorFireX™. With this acquisition and the launch of Hoover Architectural Solutions, Hoover aims to fulfill the comprehensive needs of building professionals, offering a suite of solutions that includes both interior and exterior products. This dual approach not only enhances the brand's offerings but also reinforces its mission of promoting fire and life safety across the industry.
Frequently Asked Questions
What is the significance of Hoover's acquisition of Arconic?
This acquisition allows Hoover to enter the exterior aluminum cladding market and broadens its portfolio for building safety solutions.
What new products will Hoover Architectural Solutions provide?
Hoover will offer aluminum composite materials, including Reynobond® FR, Reynobond® PE, Reynoplate®, and Reynoclad®.
How long has Hoover been in the construction materials industry?
Hoover has a rich history of over 70 years in providing fire-retardant-treated wood solutions.
Will Hoover and its new division operate together?
Yes, both entities will operate independently, ensuring specialized focus while benefiting from each other's capabilities.
What is Hoover's commitment regarding safety?
Hoover continuously aims to meet or exceed safety standards defined by the International Building Code, supporting innovative construction practices.
