LaPolla Industries, Inc. is a national manufacturer and supplier of spray polyurethane foams and acrylic coatings targeting commercial, industrial and residential building envelope applications in the roofing and insulation construction industries. The company’s products permit significant reductions in energy consumption for both new construction and retrofit applications. In addition to being the first in the industry to provide the market with both open and closed cell technology, LaPolla recently unveiled its innovative FOAM-LOK 2000-4G spray foam, which was the first in the world to utilize Honeywell’s environmentally-friendly Solstice Liquid Blowing Agent.
“The domestic and international markets have been very receptive to LaPolla’s state-of-the-art FOAM-LOK 2000-4G spray foam insulation which provides a higher R-value, an increased yield and a more eco-friendly solution utilizing the most current low GWP (global warming potential) technology,” Doug Kramer, president and chief executive officer of LaPolla, stated in a news release. “LaPolla insulation adds value to the environment and homeowners worldwide.”
In recent months, LaPolla has increased its focus on the U.S. residential market, and this strategy has provided the company with a sustainable platform to realize improved financial results. In the first quarter of 2015, LaPolla recorded an 8.6 percent year-over-year increase in total sales, including a 9.9 percent sales increase for its foam segment.
“First quarter revenues of 2015 reflected our focus on foam insulation growth in the U.S. residential markets,” continued Kramer. “The increase in demand stemmed from… increased momentum in the market around a transition to spray foam insulation away from traditional products and old technology.”
In addition to single-family homes, LaPolla addresses the insulation requirements of multi-family properties through its AirTight Multi-Family Energy Reduction Program. This revolutionary platform utilizes a proprietary five component approach to reduce energy usage while increasing property value. In a recent proof of concept in New Jersey, the comprehensive program provided a multi-family property with a massive 58 percent energy savings during its peak season.
According to the Department of Energy, heating and cooling systems use more than half of the energy consumed in American homes, accounting for more than 500 million tons of carbon dioxide and 12 percent of total nitrogen oxide emissions. Look for LaPolla to leverage statistics such as these in order to continue increasing its presence in the evolving roofing and insulation industries. For prospective investors, this market potential could translate into sustainable returns in the years to come.
For more information, visit www.lapolla.com
