Insulation industry news from Global Insulation

US: USI, a national construction services provider of installed insulation and related services to builders, contractors and homeowners, has announced the acquisition of Smith Insulation, a Louisburg, North Carolina-based full-line insulation services contractor.

Founded in 1979 by Timothy Smith, family-run Smith Insulation has shown steady growth. The company employs approximately 35 personnel and serves the Raleigh, Durham and Roanoke Rapids markets. After closing, Smith will become branch manager and Duane Smith will maintain his current role as production manager.

In addition to the North Carolina markets served by Smith Insulation, USI has an existing branch serving western North Carolina and parts of Virginia. "We are excited how this acquisition further increases our presence in North Carolina," said Bill Varner, president and CEO of USI. "Bringing Smith's expertise, valued people and assets to USI is a significant opportunity for us. We expect a smooth transition and enhanced value for both our current and future customers."

"Joining forces with USI provides us with a whole new level of resources. USI shares our values of teamwork, trust and integrity that are so crucial in a relationship-driven industry. Our combined best practices and focus on service leaves me very optimistic about the future," said Timothy Smith.

US: USI, a national provider of installed insulation and related services to builders, contractors and homeowners, has announced the acquisition of Cardalls Insulation, a Utah-based full-line insulation services contractor.

Founded in 2001 by Joe Cardall, family-run Cardalls Insulation has shown steady growth and employs approximately 125 personnel across four offices. After closing, Joe Cardall will become branch manager.

"We are excited to increase our service presence in Utah and Idaho with this acquisition," said L W Varner Jr, president and CEO of USI. "The prospect of bringing Cardalls' expertise, valued people and assets to USI is a significant opportunity for us. We expect a smooth transition and enhanced value for both our current and future customers." Varner added that USI's in Utah and Idaho is indicative of the future growth prospects of commercial and residential construction in the region.