KITCHENER, Ontario — Wednesday, July 07, 2021 — Trusscore, the material science company that makes sustainable, improved alternatives to traditional building materials, today announced the acquisition of the assets of Calgary-based Westech Building Products, an innovative developer of high-performing vinyl building materials.
Westech was acquired from its parent company, Westlake Chemical Corporation, a global manufacturer and supplier of petrochemicals, polymers, and building products that is headquartered in Houston, Texas.
“With this acquisition, we are creating a premier material science company that’s positioned for growth across residential, commercial, and agriculture markets,” said Trusscore CEO Dave Caputo.
“I’m delighted to welcome our new team members and partners to Trusscore. I have no doubt they’ll blend seamlessly and that together we can engineer the future of the building materials industry.”
Like Trusscore, Westech makes a range of PVC-based products, including a popular dock and deck system. The new products will complement and expand the Trusscore line and enhance the Trusscore focus on innovation and research and development, including advanced nanotechnology and chemistry.
“Our new presence in western Canada will deliver an array of opportunities for us in our quest to scale,” said Caputo. “Not only do we expand our product line and customer reach, we gain additional manufacturing horsepower and distribution capability, which aligns with our commitment to deliver unparalleled service to our customers.”
The Westech facility in Calgary will be rebranded under the Trusscore banner which includes manufacturing operations in Dayton, Ohio, and Palmerston, Ont., where Trusscore is headquartered. The company’s marketing and R&D teams are based at the Communitech technology and innovation hub in Kitchener, Ont.
Trusscore now has 187 team members, an increase of 98 from one year ago, in support of accelerated recent sales growth and market acceptance.
Last September, Trusscore announced a partnership with HGTV home renovations stars Bryan and Sarah Baeumler, and in May of 2020, the company raised CDN$5.33-million of seed financing.
For questions, or to arrange an interview with CEO Dave Caputo, contact:
Trusscore is changing how people build buildings and the environmental footprint left behind when they do. Trusscore is focusing on R&D and bringing material science to its formulations–making its products functional and beautiful. Trusscore Wall&CeilingBoard is changing the way the world builds interior walls with a material that is installed three times faster and is incredibly durable, reusable, and recyclable. The company’s marketing and R&D teams are based at the Communitech Hub in Kitchener, with manufacturing plants in Palmerston, Ontario, and Calgary, Alberta. For more information, visit trusscore.com.