Osmose makes acquisition in New Zealand
Griffin, Ga.-based Osmose, a global supplier of wood preservative products, announced today that it has completed the purchase of the wood preservatives business of Mattersmiths Holdings and Mattersmiths Technologies in New Zealand.
Mattersmiths’ business focuses primarily on the manufacture and sale of antisapstain chemicals and wood treatment technologies.
The acquisition of Mattersmiths includes acquiring its patent portfolio, trademarks and other intellectual property. In addition, Osmose will continue to supply and expand the antisapstain business to customers in New Zealand and other markets.
“This acquisition is strategic to our global market growth initiatives,” said Paul Goydan, president of Osmose. “This acquisition includes new patented wood preservative treatment technologies that will provide us additional opportunities to expand our global wood preservative business.”
Osmose is the leading worldwide supplier of wood preservatives used to protect wood in outdoor environments against fungal decay and termite attack. Since 1934, Osmose has produced high-quality, reliable wood preservatives, including its MicroPro system, which utilizes micronized copper wood technology.
Third L&W Supply branch earns OSHA star
L&W Supply Corp. celebrated achieving the Voluntary Protection Program (VPP) Star designation from the U.S. Occupational Safety and Health Administration (OSHA) for the L&W Supply, Indianapolis Drywall Supply branch.
L&W is the distribution subsidiary of USG Corp.
Indianapolis is the third L&W Supply branch to achieve the Star designation, the highest recognition within OSHA’s VPP program, according to USG. OSHA officials presented the award to the branch’s 15 employees today, with L&W Supply senior management and customers also in attendance.
To attain the Star designation, employees, management and OSHA work together to implement safety and health programs and processes that go beyond OSHA regulations to further protect employees and promote safe operations. Fewer than 2,500 worksites of the more than 8 million in the United States have received the VPP Star designation.
“The L&W Supply team in Indianapolis achieved these results not just at the branch but while operating on job sites, where conditions change constantly and are often beyond employees’ control,” said Brendan Deely, president and CEO of L&W Supply, and executive VP of USG Corp. “It takes exceptional ability and focus to meet these exceptional challenges, and it’s why we are recognized as industry leaders in safety.”
L&W Supply is the largest specialty dealer in North America for drywall, ceilings, steel framing and other building materials, with more than 140 locations. Indianapolis Drywall Supply opened in 1970 as the first L&W Supply branch location. It supplies construction materials to builders, contractors and other customers in central Indiana. Like all L&W Supply branches, it specializes in delivering the materials and then stocking them throughout the job site. Despite the potential hazards posed by this process, the L&W Supply employees have established an exceptional safety record. The Indianapolis branch has not experienced a lost workday incident since December 2004.
Indianapolis Drywall Supply completed a rigorous application process to qualify for the Star designation, which included implementing new procedures and documentation.
Owens Corning announces purchase of facility in China
Toledo, Ohio-based Owens Corning has announced a deal to purchase a bushing facility in China.
Accoding to Owens Corning, the purchase provides a footprint to serve the fastest-growing glass fiber region in the world.
Owens Corning struck a deal with Tanaka Kikinzoku Kogyo K.K and Tanaka Kikinzoku International K. K. (collectively referred as "Tanaka") to purchase Tanaka Kikinzoku (Suzhou) Co. (TKS). TKS is a producer of glass fiber bushings and other parts, which serve various glass industries in China and has been operating since 2006. TKS will become a part of Owens Corning GlassMetal Services, a wholly owned business unit, which makes glass fiber bushings and related parts for the glass fiber industry.
This purchase only involves Tanaka’s TKS business. Both Owens Corning and Tanaka have other bushing business concerns globally.
"The acquisition of TKS gives Owens Corning the ability to better serve China, which is the largest and fastest-growing glass fiber country in the world," said Arnaud Genis, Owens Corning Composite Solutions Business president.