Gibraltar Industries Acquires Solar-Powered Ventilation Product Line
Buffalo, NY, September 13, 2013 – Gibraltar Industries (NASDAQ: ROCK), a leading manufacturer and distributor of products for building and industrial markets, announced the acquisition of U.S. Sunlight Corp., a supplier of solar-powered ventilation products.
The acquisition complements Gibraltar’s Air Vent Inc. product offering and customer base in both the residential new construction and home remodeling markets. The addition also brings innovative, energy-saving solar technology.
“We are excited about the addition of U.S. Sunlight to our family of businesses,” said Chuck Jerasa, President of Gibraltar’s Storage and Ventilation business unit. “U.S. Sunlight brings a robust pipeline of cutting edge solar-powered ventilation, lighting and air quality products which will enhance our Air Vent product line and bring immediate value to our customers.”
“Adding this solar ventilation product line will strengthen our position within the growing energy conservation segment of the building materials market space,” said Gibraltar Chairman and Chief Executive Officer Brian Lipke. “It provides us with access to innovative technology for future product designs and opportunities to grow the business through marketing of additional products to current and prospective Gibraltar customers.”
To ensure a smooth transition and the same outstanding service, the existing management team of U.S. Sunlight will be staying on with the company post acquisition.
About Air Vent
Air Vent is the largest manufacturer of ventilation products and accessories in North America, offering a comprehensive line of powered and static ventilation products for attics, foundations, and whole-house applications. They make roof, gable, ridge, powered, foundation, and under-eave vents to provide a truly balanced ventilation system that protects equally against summer heat and winter moisture. Comprehensive information about Air Vent can be found at www.airvent.com.