Joint Venture: Southwall Insulating Glass Formed to Meet Growing Demand for Energy Efficiency.
Southwall Technologies Inc., a energy-saving films and glass products company, today announced the formation of Southwall Insulating Glass, a joint venture with Chicago-based manufacturer Sound Solutions Windows & Doors.
The new company will incorporate an automated production system to improve cost-competitiveness and establish broader adoption of its Heat Mirror insulating glass.
The company is being formed in response to the demand for higher energy efficiency in residential and commercial building, which has created new opportunity for Heat Mirror's superior R-6 to R-20 insulating performance.
"Glass remains the weak link in the performance of the building envelope and is responsible for approximately 30 percent of a building's total carbon emissions," said Dennis Capovilla, Southwall's president. "While higher performance Heat Mirror insulating glass is available today, the cost of manufacturing has limited its widespread adoption. Southwall is committed to bringing Heat Mirror's performance to the mainstream market by establishing lower cost technology that is suitable for high-volume production."
The new company combines the strength of Southwall's 30 years experience in developing advanced coated films and suspended film technology with the insulating glass production experience of Sound Solutions.
"I am a believer in the energy-saving performance of Heat Mirror technology," said Ron Spielman, president of Sound Solutions and former president of Republic Windows & Doors, one of the largest window & door manufacturers in the Midwest for over 25 years. "Partnering with Southwall is an opportunity to directly address the manufacturing challenges that will enable Heat Mirror to better service the increasing demand for more energy-efficient insulating glass."
The new company will be located in Chicago and is scheduled to begin production of Heat Mirror insulating glass and other high performance glazing in 2008.
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((Distributed via M2 Communications Ltd - http://www.m2.com))
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|Date:||Apr 10, 2008|
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