Pleko Systems International has been purchased by FAR Holdings LLC. PSI will be marketed as Pleko Ltd., and has appointed Rick Franco as CEO and Randy Rushing as president.

With new ownership, the company has several plans. These include creating building envelope packages as a single source program for builders and adding a new licensee in the northwest region of the U.S. Also through joint ventures with domestic manufacturers, the company will be introducing a thin brick veneer system to complement its Rain Drain Systems with a proprietary light-gauge steel framing, primarily for export and western markets.