PFB Corporation

PFB Corporation

April 13, 2012 10:51 ET

PFB Corporation Announces the Expansion of Its Operations to Lebanon, Ohio, USA

CALGARY, ALBERTA--(Marketwire - April 13, 2012) - PFB Corporation (TSX:PFB) announces that it is starting to manufacture insulation products at an expanded polystyrene molding plant acquired from Knauf USA Polystyrene, Inc., located in Lebanon, Ohio, USA. The plan to begin manufacturing EPS insulation products at the plant is part of a strategy to expand the operations of the Company in the USA. Insulation materials will be supplied internally from the Lebanon operation to the Insulspan SIP manufacturing operations located near Toledo, Ohio. Additionally, EPS insulation products will be available from the facility for the regional building material markets. Bruce Carruthers, Chief Operating Officer said, "This is very exciting news as we launch our initiative to manufacture Plasti-Fab EPS Product Solutions in the USA".

About PFB

PFB Corporation controls two operating subsidiaries, Plasti-Fab Ltd. that operates in Canada and PFB America Corporation that operates in the United States. The group is vertically integrated in manufacturing insulating building products that are marketed across North America under five brands. Plasti-Fab, EPS Product Solutions® are products, manufactured using expanded polystyrene (EPS) as base raw materials, that are delivered to customers in five segmented markets. Advantage ICF Systems® are insulating concrete forming systems that are employed to build insulated foundations and walls from concrete in both residential and commercial markets. Insulspan® Structural Insulating Panels Systems (SIPS) are used to create a building's structural wall frame and to replaces trusses on roof systems to form an energy-efficient structural envelope. Riverbend® Timber Framing manufactures and sells precision-cut, custom-crafted solid timbers to exacting standards which are delivered to customer's jobsites as ready-to-assemble building packages in conjunction with Insulspan SIPS for the walls and roof, and Advantage ICF for building foundations. Precision Craft® manufactures timber frame and log structures that are designed by Mountain Architects LLC, and installed by PC Design Build LLC.

PFB Corporation is listed for trading on the Toronto Stock Exchange, symbol PFB.

Contact Information

  • PFB Corporation
    Stephen P. Hardy
    Vice President & CFO
    (403) 569-4303

    PFB Corporation
    #100, 2886 Sunridge Way NE
    Calgary, Alberta T1Y 7H9
    (403) 569-4303