Carlisle’s Construction Materials segment has been manufacturing roofing products and systems for four decades. Carlisle SynTec’s systems have been installed and warranted on more than 200,000 projects worldwide utilizing more than eight billion square feet of roofing membrane. In a challenging economic year, Carlisle Construction Materials was able to grow its overall revenues 14% and earnings by 5% through the introduction of innovative products and by entering new markets.

Carlisle Coatings & Waterproofing, a Carlisle SynTec subsidiary, manufactures industrial and commercial sealants, adhesives, tapes and coatings for waterproofing and HVAC applications. Together with SynTec and EcoStar, a newly acquired roofing tile manufacturer, these companies comprise the Construction Materials segment.

Carlisle SynTec is a market leader in EPDM, or rubber membrane roofing systems. Early in the year, SynTec introduced the Hot Mopped system to capture the benefits of both EPDM and asphalt-based systems. This system features a proprietary FleeceBACK™ membrane, which will allow the company to gain share from competing asphalt-based roofing systems.

SynTec expanded wide sheet manufacturing technology in 2001, producing 12 foot wide, thermoplastic polyolefin (“TPO”) roofing membrane – the widest seamless membrane in the industry. A wider product means fewer seams that have to be welded together. Fewer seams mean installation savings for our customers. The market is responding favorably to these innovative wider sheets designed primarily for “big box” applications – warehouses and retail stores. For building owners, the highly-reflective, ENERGY STAR®-rated white TPO membranes substantially reduce cooling equipment operating costs thereby enabling the company to significantly expand sales in the fast growing sunbelt regions of the country.

Historically, SynTec has marketed to the non-residential, low-sloped roofing markets; however, the acquisition of EcoStar, completed in the first quarter of 2001, facilitated entry into the residential roofing marketplace. EcoStar’s synthetic roofing tiles, made from recycled rubber and plastic, have allowed the development of additional roofing products for the steep-sloped market. The product line offers performance advantages, architectural aesthetics, and reduced weight at a lower cost. While it is currently a small piece of the residential roofing market, we look forward to excellent growth in the coming years for EcoStar products.

With the strength of proven systems and products, sound acquisitions and innovative new products, Carlisle is strategically positioned as one of the strongest players in the North American commercial roofing marketplace.