Aug 20 2010
Acsys, Inc., a leader in cost effective and energy efficient building systems, announced today that it has acquired the Koreteck brand from its largest technology licensee (Koreteck, Inc.).
During the past seven years, Koreteck has utilized the Acsys technology in over 450 commercial buildings from Alaska to the Caribbean, with building end uses ranging from Hospitals to Schools, Retail and Religious Facilities.
Acsys, Inc., the inventor and patent holder of the Acsys technology has been supplying the Acsys technology to the residential market since 1999. Acsys panels have been utilized in over 100 residential applications and a large number of commercial buildings.
Acsys, Inc., will market both its Commercial (Koreteck) and Residential (Acsys) products under the Koreteck brand.
"Consolidation of the Commercial (Koreteck) and Residential (Acsys) Brands, positions Acsys, Inc. to leverage its industry changing, energy efficient and construction time-saving building system across all markets and building applications, commercial or residential." stated Werner Nennecker, President and CEO of Acsys, Inc. "The consolidation will provide an enhanced brand, stronger customer focus, lower overhead and optimization of our manufacturing facilities and allow us to operate as one global company to serve our customers better."
The combined company will be able to support the design and construction industry from design through manufacturing and on-site builder support. Acsys will efficiently consolidate the two operating units by retaining key Koreteck, Inc. management, certifications, design and quality programs. Acsys will manufacture all projects from its low cost region facility located in Post Falls, Idaho.
Koreteck will be marketed through its network of independent Architectural Representatives who will now be able to support both commercial and residential applications under the Koreteck brand. Koreteck will continue to support the AIA as an accredited provider of Continuing Education Learning Units with its one hour course covering 'Solid Core Insulated Panel Systems for use in Sustainable Building Design."
"This consolidation will align the people, applications and processes to better handle the increased demand to build green and reduce the consumption of the country's largest energy consumer - buildings," commented Nennecker.
The Acsys building system has a proven track record of over 500 buildings installing in half the time and reducing energy consumption by thirty percent compared to conventional methods of stick frame and block walls. By utilizing Acsys technology, owners and designers are able to take full advantage of local and federal tax deductions based on energy credits while earning LEED Certification. Projects are less susceptible to weather and jobsite delays, significantly reduced on-site waste and provide clients with a quiet interior without limitation to exterior finishes.
Source: http://www.acsys.net/