by AF 0730 j3 — July 31, 2009—Global Hybrid Roofing Solutions, a subsidiary of Global Hybrid Solutions, has acquired the rights to manufacture and market a line of innovative synthetic composite roofing products formerly offered by Titan Manufacturing. Global Hybrid Roofing Solutions (GHRS) forecasts investment of $50 million over the next three years in global product development, by way of both manufacturing and licensing.
The products offered by GHRS come in a variety of colors, are impact resistant, and come in Class A and Class C fire ratings in the profiles of Old World Slate, Old World Spanish barrel tile, slate roofing and shake roofing. The GHRS line also features the only Class A and Class 4 hail impact approved and certified composite barrel tile on the marketOld World Spanish A4. These products are manufactured from recycled materials, and also are 100 percent recyclable.
The company’s buildup coincides with its acquisition of numerous intellectual property rights in relation to a unique color blending and proprietary material composition process integral to the manufacture of its synthetic roofing products. The Renovar processand the unique material produced by the processincorporates UV components and formulations that use recycled materials, while ensuring the products’ lasting color.
In recent months, GHRS has established manufacturing facilities in Iowa and Kentucky, creating 25 new jobs. GHRS also plans to establish a location in the United Kingdom, which will create at least six new jobs in the midst of the current global recession. GHRS intends to open four additional manufacturing facilities in the United States, with its corporate headquarters located in Central Florida.
For more information, see the Web site.
