AmeriMark Inc. plans to boost vinyl siding extrusion capacity at its year-old Fairbluff, N.C.,facility. ``We hope to add one or two extruders each year in the next two or three years,'' said Roger Scott, president of the Raleigh, N.C. firm. ``We have enough capacity for this season.''
The Fairbluff plant can extrude 100 million square feet of siding a year, Scott said in a telephone interview. Its compounding capacity is twice as large.
Scott said AmeriMark, which sells siding under the Alsco trade name, opened the Fairbluff plant because of siding market growth. The company also makes siding at an Olive Branch, Miss., plant with annual capacity of about 200 million square feet. He would not disclose the number of extrusion lines AmeriMark operates at its two siding plants.
Scott claimed Alsco, the former name of AmeriMark, was one of the largest U.S. aluminum siding producers in the 1960s and 1970s. It got into vinyl siding more than 10 years ago and now most of its aluminum products, such as gutter coil and trim coil, are for custom remodeling and accessories for vinyl installations.
It also does custom painting of aluminum building materials. Its aluminum and painting operations are in Roxboro, N.C.; Detroit; and Gnadenhutten, Ohio.
Scott denied an industry rumor that his firm is for sale.
``We get offers all the time, but we never solicited any offers,'' he said. ``There is a constant parade of consolidation'' in vinyl siding.
AmeriMark's management team owns most of the company, but GE Capital Corp. has had an equity position in AmeriMark for five years, according to Scott.
GE Capital officials were unavailable to comment on the equity position.
AmeriMark's annual sales are about $250 million. Scott would not disclose what fraction of that is vinyl siding.