11/04/2016

Coldspring® Subsidiary Announces Acquisition of Stone Panels Assets
Fri, Nov 04, 2016 13:01 CET
FOR IMMEDIATE RELEASE

MEDIA CONTACT:
Ashley Kizzire, 205-423-5885, akizzire@constructivecommunication.com

Cold Spring, Minn. – (November 4, 2016) – Stone Panels International LLC, a wholly-owned subsidiary of Coldspring®, announces the acquisition of the equipment and other assets of Stone Panels Inc., a Texas-based producer of the universally recognized Stone Lite® solution for interior and exterior building cladding.

“We are excited about this opportunity for the two companies to work together to expand our reach and diversify our market offerings for the commercial construction industry,” says John Mattke, Coldspring President and Chief Operating Officer. “The strength of the two brands – Coldspring and Stone Lite® – and our shared cultures of a commitment to excellence will create increased value for our construction-related customers.”  

Stone Panels International will continue operating as a separate entity, with the Stone Lite® brand as its flagship offering. Stone Lite® has been the standard for lightweight technology for more than 40 years. Read more .