CertainTeed Corp. expanded its presence in northwestern U.S. markets for vinyl building products by forming a 50/50 joint venture with privately held Insulate Industries Inc., a PVC extruder and window and door fabricator in Auburn, Wash. Officials did not disclose terms of the deal completed April 1, but CertainTeed spokeswoman Dorothy Wackerman said the agreement includes an option for CertainTeed to buy out Insulate Indus-tries's interest in the venture.
The Insulate LLC venture will continue to make Insulate Industries' window and door products in Auburn, where it employs about 400. CertainTeed extrudes
PVC window profiles in Grinnell, Iowa, and Hagerstown, Md., but does not fabricate windows, said Wackerman. She said CertainTeed does not do much door profile extrusion.
Annette Edwards, who co-founded Insulate Industries in 1977, estimated her company's annual sales at about $75 million, of which extrusion accounts for a third and fabrication for the rest. The 266,000-square-foot Auburn facility has 12 extrusion lines and about 400 employees.
Edwards said she expects the joint venture to benefit from CertainTeed's ``experience and leadership'' in building products.
Auburn will not be a distribution point for CertainTeed products, Edwards stressed. The partners have not decided yet whether to expand Auburn's capacity.
Edwards and Garry Wamsley, the other founder of Insulate Industries, are president and vice president of operations, respectively, for the joint venture.
CertainTeed of Valley Forge, Pa., had pipe and profile extrusion sales of $409 million in 1994, making it the second-largest firm in Plastics News' ranking last June of North American pipe, profile and tubing extruders. Wackerman would not disclose her firm's window extrusion sales, but Plastics News estimated the figure then at $40 million for 1994.