Kingspan Invests $10M into BENCHMARK
Kingspan Insulated Panels announced the investment of $10M into the BENCHMARK by Kingspan North American business. This investment will include state of the art foam in place panel manufacturing and increased capacity to meet growing demand. Enhancing the Designwall panels product set with more flexibility for width and thickness, will also increase energy performance capability of up to R50.
This investment also covers the launch of BENCHMARK Kreate, a new insulated metal panel system that supports the needs of the growing architectural market, allowing limitless design capability in a single component. This product line not only minimizes overall build time, but also reduces the total number of panels, while delivering a superior aesthetic appeal.
This investment will be centered on the BENCHMARK by Kingspan facilities in Columbus, Ohio and Modesto, Calif. with product launches planned for Q1 2015. This, in addition to the recent acquisition of Dri-Design (www.dri-design.com), demonstrates an ongoing commitment from Kingspan to further enhance its product offerings.
“The goal is to address the needs of the marketplace and recognize the tremendous growth in the architectural sector, especially with the renewed focus on energy codes and sustainability.” stated Joe Brash, President Kingspan Insulated Panels North America. “We know the changes we are implementing are a huge step in that direction. We are investing in product performance as well as meeting customers’ needs.”
Investing in current and new technology is just one more example of BENCHMARK by Kingspan’s leadership and innovation as they play a key role in the evolution of the global insulated building envelope. As an innovation leader Kingspan continues to provide tools, automation and technology to ensure a seamless customer experience and deliver superior architectural products.