Many of the world's large commercial buildings - from warehouses to hotels like Nashville's Opryland - rely upon Carlisle SynTec (SynTec) roofing systems. One such structure, the consolidation hub for United Parcel Service in the Chicago area, covers nearly 36 acres.
SynTec, which has sold more than eight billion square feet of membrane for non-residential roofing systems and re-roofing requirements, is one of two units in Carlisle's Construction Materials segment. The other, Carlisle Coatings & Waterproofing, manufactures sealants, adhesives, tapes and coatings. SynTec is a leader in its markets, enabling it to profit even during downturns in construction.
An array of single-ply solutions. SynTec began full-scale production in 1999 of a new cost-effective technology - thermoplastic polyolefin (TPO) roofing membrane - particularly suited for warm climates. TPO supplements SynTec's single-ply rubber systems, including membrane backed with polyester fleece for tear and puncture resistance and easier installation. SynTec's participation in a majority owned joint venture supplies rigid foam panels for insulating its single-ply solutions. Covering the whole world. Two advances mark SynTec's aggressive pursuit of international opportunities. The first is a joint venture interest in a manufacturing facility in China to produce rubber roofing for the Chinese domestic market. The second is the purchase of a 25 percent interest in Icopal A/S of Denmark, the leading European producer of roofing systems with 1999 sales exceeding $600 million. Participation in the ownership of Icopal provides opportunities for Carlisle and Icopal to expand in the European market, utilizing the strength of both organizations.| Carlisle SynTec |
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A leader in the single-ply roofing industry
Has certified nearly 200,000 installations New investments and facilities in China and Europe |
| Carlisle Coatings & Waterproofing |
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Major player in this fragmented market
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(a) EBIT is earnings before interest and taxes
(b) CAGR is compounded annual growth rate
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