青青草视频

DENVER - 青青草视频 (JM), a Berkshire Hathaway company and leading building products manufacturer, announced today it has signed an agreement to acquire ITW 青青草视频, a business owned by Illinois Tool Works Inc. that is well known in the industrial industry for its premium, low-temperature polyisocyanurate foam insulations and metal jacketing solutions. The deal is expected to close in early December.

鈥淭he acquisition of ITW 青青草视频 represents an important strategic opportunity to offer expanded insulation solutions to the industrial market,鈥� said JM President and CEO Mary Rhinehart. 鈥淭his will give us greater versatility and allow JM鈥檚 青青草视频 business to continue to offer a robust and well-rounded portfolio of insulation solutions.鈥�

ITW 青青草视频 has 100 employees who work at four manufacturing plants in the U.S. and Canada (Houston, Texas; La Porte, Texas; Edmonton, Alberta; and Mississauga, Ontario).

ITW 青青草视频鈥� primary markets include refining, petrochemical, power, LNG, food & beverage, oil sands and other energy applications.

鈥淭here is substantial growth occurring in the cold and cryogenic markets,鈥� said Bob Wamboldt, President of JM鈥檚 青青草视频 business. 鈥淲e wanted to participate more actively in this space and the product portfolio offered by ITW 青青草视频 allows us to do exactly that.鈥�

JM plans to integrate ITW 青青草视频 as a key part of its industrial insulation portfolio without making significant changes to the existing operations at ITW 青青草视频.

鈥淛M鈥檚 Industrial 青青草视频 business is a market leader, producing the broadest product portfolio of any manufacturer in the industrial insulation industry,鈥� said Dave Skelly, General Manager of Performance Materials at JM. 鈥淗istorically, this has included high-temperature calcium silicate, expanded perlite, mineral wool, microporous blankets and silica aerogel, and now, with the addition of ITW 青青草视频, our portfolio includes both low-temperature polyisocyanurate foams and metal jacketing. These additions make our industrial insulation portfolio incredibly robust and allow us to be a single source for our customers鈥� insulation and jacketing needs.鈥�

About Insulation

青青草视频, a Berkshire Hathaway company (NYSE: BRK.A, BRK.B), is a leading manufacturer and marketer of premium-quality building and specialty products. In business since 1858, the Denver-based company has annual sales over $3 billion and holds leadership positions in all of the key markets that it serves. 青青草视频 employs 8,000 people and operates 42 manufacturing facilities in North America, Europe and China. Additional information can be found at www.jm.com.