HUBBARD ENTERPRISES/HOLDRITE®
ACQUIRES HYDROFLAME
PRODUCT LINES AND FACILITIES FROM PRESEALED SYSTEMS,
LLC.
VISTA,
CA. August 20, 2009 – Hubbard Enterprises/HOLDRITE®
has acquired the entire product line and facilities
of HydroFlame “cast-in-place water-smoke-fire stop”
systems from Presealed Systems, LLC.
Driven by a focus
on excellence in people, products, and service, HOLDRITE® continues to expand and position itself for sales growth. Dan
Beadle, HOLDRITE’s CEO stated, “The addition of the
HydroFlame brand name provides an excellent strategic
opportunity for our further expansion. HOLDRITE® is committed to bringing new technology
and labor saving products to our clients while improving
the overall quality of their projects.
We have already added over a dozen new products
this year and there are more on the way.”
Darrell
Price, inventor of the HOLDRITE® HydroFlame System
commented, “Water intrusion, at a cost of millions
of dollars a year, is an enormous issue in multi-story
building construction and design.
The revolutionary, patented HOLDRITE® HydroFlame
cast-in-place sleeving systems provide the highest
level of fire and water protection available today,
resulting in the client saving time, money, property,
and materials. We are excited about joining the HOLDRITE® family.
HOLDRITE’s developed sales channel and the
combination of our personnel will allow us to quickly
reach new and expanded markets within the construction
industry.”
“We are delighted at the opportunity to bring
another efficiency enhancing product to our customers,”
said Tim McConnell, Vice President of Sales and Marketing.
Chip O’Neil, Director of Business Development continued,
“Our companies share the same vision for providing
engineered solutions that are held to the highest
standards of quality, innovation, and affordability.
This represents a tremendous opportunity to
bring a patented, market leading product line to a
broad range of multi-story construction projects.”
ABOUT HUBBARD ENTERPRISES/HOLDRITE®
Since
the introduction of the first HOLDRITE® Copper-bonded™ bracket over 27 years ago, Hubbard Enterprises/HOLDRITE® has become
a leading manufacturer for the building industry. HOLDRITE® has developed an unparalleled reputation
for providing engineered solutions that are held to
the highest standards of quality, innovation, and
affordability. The combination of strong executive leadership
and dedicated, skilled employees has led to the receipt
of multiple awards for workplace
excellence.
HOLDRITE® is an industry leader offering solutions for support
and alignment, noise and vibration isolation, and
water heater and equipment support.
HOLDRITE® also provides value-added, no cost
VIP services that include specification and submittal
assistance and custom detail application pages.
HOLDRITE®
products generate time and cost savings for their
clients, which include residential and commercial
mechanical and plumbing contractors, wholesalers,
and engineers. Applications
span single-family and multi-family housing, residential
towers, healthcare facilities, corporations, casinos,
major hotel chains, and sports stadiums.
Regional distribution centers have been established to expedite
delivery across the United States and Canada.
For more information, contact Tim McConnell,
Vice President of Sales and Marketing, Hubbard Enterprises/HOLDRITE®
or Darrell Price, Director Water and Fire Products,
Hubbard Enterprises/HOLDRITE®.
Hubbard
Enterprises/HOLDRITE®
2560
Progress Street
Vista, CA 92081
Phone:(800)321-0316
Fax: (760)744-0507
www.holdrite.com
www.presealedsystems.com
