Tag Archives: Johns Manville

Johns Manville Announces New Water-Repellent Pipe Insulation

(BRK.A), (BRK.B)

Johns Manville, a leading global manufacturer of energy-efficient building products and engineered specialty materials and a Berkshire Hathaway company, announced today that it will release water-repellent, mandrel-wound, mineral wool industrial pipe insulation, MinWool-1200® Pipe, in February of 2019.

According to Jeff Semkowski, Industrial Portfolio Manager for Johns Manville, JM created this new product in response to growing demand for water-repellent materials in the industrial insulation market.

“The market is showing a decided preference for water resistance in insulation materials that are being specified, as an added defense mechanism to combat corrosion under insulation (CUI),” said Semkowski. He explained that the voice of the customer and the engineering community are crucial in helping JM ensure that they are delivering innovative, effective insulation materials for their customers.

“After releasing Thermo-1200™, the first water-resistant calcium silicate on the market, our customers indicated that they wanted a water-repellent mineral wool, so we responded to their needs with MinWool-1200 Pipe.”

MinWool-1200 Pipe insulation was designed to help mitigate the risk of water intrusion. It was tested in accordance with BS EN 13472, absorbing less than 1 kg/m2 of water during the absorption tests. BS EN 13472 is a British Standard test method that measures weight gain by partial immersion in water and in recent years, it has become increasingly more common in material specifications.

Jack Bittner, Senior Industrial Product Manager for Johns Manville, explained that MinWool-1200 Pipe insulation will continue to offer the same thermal performance and lightweight benefits as it always has, but now it will be water-repellent.

“MinWool-1200 Pipe insulation remains unchanged in its performance characteristics. It can still be used in applications with operating temperatures up to 1200°F, and it is still lightweight; the only difference is that MinWool-1200 Pipe now inhibits water intrusion,” he said.

MinWool-1200 Pipe will be available from Johns Manville’s Phenix City, AL facility beginning in February 2019.

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Johns Manville to Expand Manufacturing in Ohio

(BRK.A), (BRK.B)

Berkshire Hathaway’s Johns Manville, a global building and specialty products manufacturer, has announced it will make a significant investment toward expanding capacity at its Defiance, Ohio, manufacturing facility.

The expansion will allow Johns Manville to increase the production of its fiberglass pipe insulation products, Micro-Lok® HP and Micro-Lok® HP Ultra.

“We are investing in our mechanical insulation business to meet increasing customer demand for our market-leading fiberglass pipe insulations,” said Mary Rhinehart, President and CEO of Johns Manville. “Our decision to make this investment is an intentional step that positions JM to support our customers in a growing industry.”

JM will begin the capacity expansion project early this year and anticipates the completion of the first new production line in 2020.

“Thanks to the support of our customers, we have seen continued growth in this business since we rebuilt the Defiance pipe insulation plant in 2007,” said Bob Wamboldt, President of JM’s Insulation Systems business. “The growth is a result of market demand and, more importantly, demonstrates a distinct preference for JM’s pipe insulation, Micro-Lok HP and HP Ultra.”

Mike McCann, the mayor of Defiance, said the pipe expansion will benefit the city.

“We are excited that Johns Manville has continued to support our community by investing in its business here,” McCann said. “Naturally, JM’s presence is good for the local economy, and the positive influence JM has on the people and families who live in Defiance is incredibly valuable.”

Jim Swift, the Plant Manager in Defiance, will lead the expansion project.

“JM has been part of the Defiance community for more than 60 years,” Swift said. “We are excited to create more jobs as part of this expansion and to continue supporting community organizations. Our employees have done an excellent job in driving the success of our pipe insulation, and we will continue to focus on providing a consistently high-quality product for our customers.”

© 2019 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Johns Manville Completes TPO Product Line Expansion

(BRK.A), (BRK.B)

Berkshire Hathaway’s Johns Manville has completed its TPO product line expansion project in Scottsboro, Ala., to manufacture 12-foot-wide TPO roofing sheets.

“We are proud of the performance with our TPO product line,” said Joe Smith, president of Roofing Systems at Johns Manville. “Our Scottsboro manufacturing facility plays a vital role in ensuring product availability for our North American customers. This second production line increases capacity and our ability to develop products to meet the needs of commercial roofing contractors and distributors.”

TPO is the fastest growing commercial roofing membrane in the U.S. Now, JM can offer 12-foot sheets and 6-foot sheets. The new production gives contractors working on commercial roofing projects more choices to meet their project needs.

“Our goal is always to offer best-in-class products to our customers and to meet their growing business needs,” said Jennifer Ford-Smith, director of sales for JM Roofing Systems. “The 12-foot-wide TPO is a product that many customers have wanted to buy from JM. We are delighted to add the wider sheet to our broad portfolio of roofing products.”

The expansion project to add a second production line will create more than 25 new jobs in Scottsboro. JM expects more jobs will be added in the coming years.

“This plant has been a dynamic part of the Scottsboro community since 2008,” said Jeff Maxson, group plant manager-single ply for JM Roofing Systems. “A larger workforce means we have more opportunity to participate in state and local community activities. We have long enjoyed supporting local food banks, the American Cancer Society, Relay for Life and other important organizations in the community.”

JM’s 12-foot-wide TPO product will be available in all thicknesses – 45, 60 and 80 mils. The new, wider product became available in early July and is at distribution facilities across the country including Scottsboro, Ala.; Rockdale, Ill.; Hazelton, Penn.; Grand Prairie, Texas; and Tracy, Calif.

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Johns Manville Named Supplier of the Year

(BRK.A), (BRK.B)

Berkshire Hathaway’s Johns Manville has been named “Supplier of the Year” for 2017 by Insulate America Inc., the nation’s largest insulation contractor association.

JM received this same honor in 2013, 2014, 2015 and 2017 for each previous year’s performance. Insulate America’s “Supplier of the Year” award recognizes companies for the overall value they provide to the organization through technical expertise, customer support and lead referrals.

“At a time marked by heightened competitive pressure, JM has demonstrated an unparalleled level of dedication and commitment to Insulate America. We are proud to recognize them yet again with this award,” said Insulate America President and CEO David Beam. “With their top-notch service and innovative product solutions, we appreciate the support they provide to help us meet our customers’ needs.”

Insulate America is a cooperative group of locally owned, independent insulation contractors who provide and install quality insulation and other building products for residential and commercial construction. It is the largest independent insulation contracting organization in the U.S. with over 200 locations across the nation. Representatives from each of the locations vote on the “Supplier of the Year” award.

“2018 marks our 18th year of doing business with Insulate America, and it has been a productive and highly rewarding partnership,” said Bob Wamboldt, president of JM Insulation Systems. “We are humbled by this recognition, and we look forward to a future with Insulate America that will be every bit as positive as the experience we’ve had over the past 17 years.”

© 2018 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Johns Manville Has Leadership Changes in Two Businesses

(BRK.A), (BRK.B)

Berkshire Hathaway’s Johns Manville, a global building and specialty products manufacturer and a Berkshire Hathaway company, announced leadership changes in two of its businesses. Bob Wamboldt, currently Senior Vice President and General Manager of Roofing Systems, will become Senior Vice President and General Manager of Insulation Systems, and Joe Smith will become Senior Vice President and General Manager of Roofing Systems.

Wamboldt will succeed Fred Stephan, who is leaving Johns Manville for another opportunity.

“Johns Manville is a leader and innovator in the many global markets we serve,” said Mary Rhinehart, Chairman, President and CEO. “We are confident Bob and Joe will continue making JM the supplier of choice for our customers, and we are thankful for the service Fred has given JM over the past 12 years.”

Wamboldt joined Johns Manville in 2003 and has held senior leadership positions in the company’s Engineered Products business and in Roofing Systems. He began as Strategic Accounts Manager and later worked as Vice President and General Manager of Engineered Products North America and as Leader for the North American Fibers business in the Engineered Products Group. He has led the Roofing Systems business since 2011. Before joining JM, Wamboldt worked 16 years at PPG with key roles in their Fiber Glass and Coatings divisions. He earned a degree in Chemistry from Lehigh University and is a certified Six Sigma Black Belt.

Smith will assume Wamboldt’s current role in the Roofing Systems business. He has been General Manager of Building Insulation since 2012 and has played important roles at JM for more than 28 years. He began his tenure as a roofing sales representative, and in 1998 he moved to Denver as a marketing manager in JM’s Roofing Systems Business. For the next 14 years, he worked in a variety of marketing, product management and roofing services positions. He earned a bachelor’s degree in Management and a master’s degree in Business Administration from St. Leo University.

About Johns Manville

Acquired by Berkshire Hathaway in 2001, Johns Manville has annual sales of approximately $2.6 billion, and employs approximately 7,000 people.

The company has 44 manufacturing facilities in North America, Europe and China.

© 2017 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Johns Manville to Benefit From Growth in Global Roofing Insulation Market

(BRK.A), (BRK.B)

Insulation manufacturer Johns Manville will be among the companies benefitting from a growing world-wide market for roofing insulation according to a new report by analysts at Research and Markets.

In “Global Roof Insulation Market Analysis & Trends – Industry Forecast to 2025,” the analysts predict the market for roofing insulation will grow at a compound annual growth rate (CAGR) of around 5.1% over the next decade to reach approximately $13.9 billion by 2025.

Positive factors cited in the report include increasing attention towards energy-efficient building in the construction sector, and improved demand for insulating materials in extreme weather countries.

About Johns Manville

Acquired by Berkshire Hathaway in 2001, Johns Manville has annual sales of approximately $2.6 billion, and employs approximately 7,000 people. The company has 44 manufacturing facilities in North America, Europe and China.

© 2017 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Johns Manville to Benefit from Robust Global Market for Acoustic Insulation

(BRK.A), (BRK.B)

Insulation manufacturer Johns Manville will benefit from a growing market for acoustic insulation according to a new report by analysts at Research and Markets.

In their report “Global Acoustic Insulation Market – Segmented by Type, Application and Geography – Trends and Forecasts (2016 – 2021),” they forecast a robust market that will grow at a compound annual growth rate (CAGR) of 5.32%, during the forecast period 2016-2021.

The global acoustic insulation market was valued at USD 12.48 billion in 2015 and is expected to reach USD 17.03 billion by 2021.

The acoustic insulation market is mainly driven by factors such as government regulations for controlling noise pollution and the growing interest of consumers towards acoustic insulation for commercial and residential purposes. Rise in construction activities in North America is another factor that is currently driving the market. However, the slow paced construction market in Europe, owing to a feeble economic condition in the region, may act as a roadblock to the growth of the market.

Demand for aesthetic and fire resistant insulation products would serve as an opportunity for the future growth of the acoustic insulation market. Apart from this, increasing usage of stainless steel wool and aerogel for soundproofing applications is expected to boost the growth in future.

About Johns Manville

Acquired by Berkshire Hathaway in 2001, Johns Manville has annual sales of approximately $2.6 billion, and employs approximately 7,000 people. The company has 44 manufacturing facilities in North America, Europe and China.

© 2016 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Johns Manville Building Second TPO Production Line at Alabama Plant

(BRK.A), (BRK.B)

With new construction starts continuing to slowly grow, Berkshire Hathaway’s Johns Manville, a manufacturer and marketer of building and specialty products, is adding a second production line at the company’s Scottsboro, Alabama, manufacturing facility.

The new line will increase production capacity for the company’s TPO (thermoplastic polyolefin), a roofing membrane that is used by commercial roofing contractors, consultants and building owners.

The new TPO production line will bring Johns Manville’s total investment in commercial roofing over the past eight years to approximately $200 million.

In October 2008, Johns Manville opened the state-of-the-art TPO facility in Scottsboro. The company furthered its investment in single ply in 2012 with the opening of an EPDM (ethylene propylene diene monomer) manufacturing plant in Milan, Ohio.

To meet recent demand for Johns Manville TPO, the company began a capacity expansion project in March 2015 at the Scottsboro plant. Construction was completed in May, and now work will begin to construct the second production line.

“The plant expansion was a huge success and made our Scottsboro facility what is, in our view, the most productive and efficient TPO facility in the United States, enabling us to meet our customers’ needs for the foreseeable future,” said Jennifer Ford-Smith, Johns Manville’s Director of Marketing and Single Ply. “This new line will give Johns Manville the ability to supply our customers with even more TPO than was previously available.”

About Johns Manville

Acquired by Berkshire Hathaway in 2001, Johns Manville has annual sales of approximately $2.6 billion, and employs approximately 7,000 people. The company has 44 manufacturing facilities in North America, Europe and China.

© 2015 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.