CertainTeed to Acquire SimTek Fence of Orem, Utah

7/4/17

CertainTeed Corporation today announced an agreement to purchase SimTekTM Fence of Orem, Utah, a leading manufacturer of high-density polyethylene fence products. Terms of the transaction were not disclosed.

Founded in 2007, SimTek has been a true industry innovator of fence products. The company pioneered and patented the design of rotationally-molded fence – with its Ecostone simulated-stone fence system, which provides superior performance and the realistic appearance of stone. In recent years, SimTek has complemented its signature Ecostone with the Ashland Collection of wood grain fence panels.

"This acquisition adds a key innovation to our outdoor living products portfolio, specifically our Bufftech premium fence line," said Benoit Bazin, president of CertainTeed Corporation. "SimTek complements our business in many ways. In particular, they have a dedicated employee base committed to driving that innovative spirit every day, supported by an unwavering entrepreneurial and customer-focused approach."

"Our customers have been asking us for a low maintenance fence line that offers the true look of stone," said Richard Brinton, general manager of CertainTeed Outdoor Living Products. "SimTek, its very talented team and product lines fit the bill perfectly."

SimTek operates a single manufacturing location in Orem, Utah where most of its 75 employees are located. CertainTeed currently operates a state-of-the art facility in Buffalo, New York that utilizes extrusion technology to manufacture the company's popular Bufftech® and EverNew® lines of vinyl fence, railing and decking products.

"SimTek has brought dynamic thinking into fence manufacturing with its patented design of rotationally-molded technology," said Pam Schechter, President of CertainTeed Siding. "By bringing together two highly talented teams in Orem and Buffalo, we will expand our knowledge base, energize our product development efforts and help continue building CertainTeed as the innovative brand with Freedom of Choice for outdoor living products."

SimTek's patented processes have given the company some leeway to experiment and get creative. "We're really good entrepreneurs and innovators, and are proud to be part of the CertainTeed family," said Brad Wilson, CEO of SimTek Fence. "We are excited about the power of this combined fence portfolio and look forward to leveraging CertainTeed's marketing, R&D and manufacturing expertise to take us to the next level."

About SimTek

Founded in 2007, SimTek has strived to create leading-edge manufacturing technologies and environmentally-friendly fence products by incorporating green practices in the fence industry. Featuring the realistic appearances of granite stone and knotty pine wood, SimTek fences offer several long-term benefits to the homeowner including low maintenance, superior wind rating, sound insulation, fade resistance, designer color options, easy installation, graffiti resistance, privacy and security to name a few. Available at The Home Depot, Menards as well as a large network of professional fence dealers, SimTek products are currently sold throughout the United States and Canada and 14 different countries around the globe. SimTek Fence is headquartered in Orem, Utah.

About CertainTeed

Through the responsible development of innovative and sustainable building products, CertainTeed, headquartered in Malvern, Pennsylvania, has helped shape the building products industry for more than 110 years. Founded in 1904 as General Roofing Manufacturing Company, the firm's slogan "Quality Made Certain, Satisfaction Guaranteed," inspired the name CertainTeed. Today, CertainTeed is a leading North American brand of exterior and interior building products, including roofing, siding, fence, decking, railing, trim, insulation, drywall and ceilings.

A subsidiary of Saint-Gobain, one of the world's largest and oldest building products companies, CertainTeed has more than 6,300 employees and more than 60 manufacturing facilities throughout the United States and Canada. The company had total sales of approximately $3.4 billion in 2016. www.certainteed.com

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