US: Johns Manville (JM), the global manufacturer of energy-efficient building products, has announced the publication of its 2012 Sustainability Report, 'We Build Environments.'
"We intend to capitalise on our commitment to sustainability to ensure that we are better prepared to meet both the opportunities and challenges of our dynamic world and that we continue to deliver safe products that delight our customers," said Mary Rhinehart, JM president and CEO. The 2012 report includes 18 fully reported performance indicators applying the Global Reporting Initiative 3.1 guidelines.
Key indicators from JM's 2012 performance summary for the insulation market include a 19% increase of average fibreglass insulation compared to 2011. Total energy use for the company rose by 0.9% and total production fell by 0.4%.
US: Johns Manville (JM), a Berkshire Hathaway company and global building products manufacturer, has announced that it has hired H MacGregor (Greg) Clarke, aged 52, as Senior Vice President and Chief Financial Officer, effective from 4 April 2013. In this role Clarke will be responsible for JM's global finance and supply chain organisations.
"The position has been vacant since November (2012) when I accepted my current role," said Mary Rhinehart, JM president and CEO. "We took our time to ensure we found exactly the right person to fill this key position."
Clarke most recently was CFO of AeroGrow International, Inc. in Boulder, Colorado. Prior to that he was president and CEO of Ankmar, LLC, and earlier in his career held financial leadership and strategic planning roles with The Coleman Company, Inc., PepsiCo, Inc., and Manufacturers Hanover Trust Company. From 1997 to 2002 Clarke was Director of Finance for JM's Insulation Group, followed by vice president and general manager for JM's Building Insulation and Commercial & Industrial Insulation Divisions.
"We are excited to welcome Greg back to Johns Manville and to add his talents, experience and leadership to the company," said Rhinehart. "He will be critical to driving many of our key initiatives and business strategies for our future. I look forward to re-introducing him to our employees, customers, suppliers and other key stakeholders."
US: After exploring a number of options, building products manufacturer Johns Manville (JM) has signed a new 12-year lease for its global headquarters in the JM Plaza building in downtown Denver, beginning January 2013.
The decision to remain at JM Plaza involved a thorough evaluation of the economics and employee and business logistics of several locations, including alternate sites downtown and in the Denver Technical Center.
"There were several excellent choices in the Denver metro area where we could conduct our headquarters operations," said Mary Rhinehart, JM president and CEO. "However, at the end of the day, our current location provided the greatest benefit across all of the factors we considered."
US: Johns Manville (JM), a Berkshire Hathaway company and global building products manufacturer, has announced that Todd Raba, its president and CEO, will relinquish his position with the company. Effective 13 November 2012, Mary Rhinehart will be the new president and chief executive officer of JM.
"I thank Todd for his leadership. He has worked diligently during a tough economic environment to effectively position the company for future success. Todd spent the last five years focusing on positioning JM for the future and I thank him for the work he did in moving the business forward," commented Warren Buffett, chairman and CEO of Berkshire Hathaway.
Rhinehart is currently the senior vice president and chief financial officer of JM. She has been with the company since 1979. Her background includes management and bottom-line responsibility for a business unit, global treasury and strategic business development, including directing a variety of acquisition activities. She has held finance leadership roles in most of JM's businesses. Additionally, during her career at JM, Rhinehart has had responsibility for compensation, benefits management, community relations, global supply chain and organisational planning.
Rhinehart has spent her long and successful career focusing on the interests of JM employees and customers. "I am proud to have worked for this great company for over 30 years," she said. "Throughout it all we have succeeded as a company due to our people and the powerful relationships we have with our customers. I am excited about this new opportunity and am committed to continuing to move us forward. JM is a great company. We could not have a better owner than Berkshire Hathaway and I could not have a better role model than Warren Buffett."
Buffett added, "Mary is exactly the CEO we like to hire. She is passionate, smart and she truly cares about JM customers and employees. She'll add tremendous value to JM going forward, and I couldn't be more enthused to have her taking on this role after all that she's already accomplished at JM."
US: Johns Manville (JM) has announced that it has purchased Industrial Insulation Group, LLC (IIG), a manufacturer of insulation for industrial, commercial and fireproofing applications.
IIG was formed in 2002 as a joint venture between JM and The Calsilite Group. JM previously owned a minority interest in IIG, but will now be wholly-owned by JM. IIG's product line complements JM's portfolio of insulation products, allowing JM to offer an even broader range.
"Expanding JM's interest in IIG is another way we are addressing customers' needs by offering the industry's most complete line of insulation products," said Todd Raba, JM's chairman, president and CEO. "IIG has a consistent track record of product performance, in keeping with the quality our customers expect from JM. We look forward to exploring opportunities to build on IIG's strong market position and expand its product portfolio."
IIG manufactures a wide range of insulation products for use in industrial, commercial and fireproofing applications and offers a portfolio of high-temperature insulation, ranging from mineral wool to perlite to calcium silicate.
"With our increased investment in IIG, JM will be able to offer the most complete line of mechanical insulation solutions to a broader commercial and industrial customer base," said Dave Skelly, director of sales for JM's Performance Materials business. "We look forward to continuing IIG's tradition of superior product performance and customer service."
JM does not plan to significantly change the operations at IIG. JM says that the existing IIG plants located in Brunswick (Georgia), Grambling (Louisiana), Fruita (Colorado), Phenix City (Alabama) and Houston (Texas) are a key part of its future commercial and industrial strategy. IIG chairman and chief executive Philippe Delouvrier will remain involved with the company in an advisory role.
"IIG is pleased to join the Johns Manville and Berkshire Hathaway families," said Delouvrier. "This next chapter in IIG history sets us up for continued success with greater opportunity for growth in existing and new markets."
"Philippe Delouvrier and his team have made IIG a recognised leader in industrial insulation," said Fred Stephan, vice president and general manager of JM's Insulation Systems business. "We're delighted that Philippe will remain involved with the business as we work to build on the success his team has established."
US: Johns Manville (JM) joined US Senators Michael Bennet and Johnny Isakson in Washington, DC on 19 October 2011 to applaud the introduction of the SAVE (Sensible Accounting to Value Energy) Act, a bipartisan bill aimed at encouraging greater investment in insulation and other forms of energy-efficiency in homes.
Todd Raba, CEO of Johns Manville, spoke at the Capitol Hill event to endorse the bill. The SAVE Act will aim to direct federal mortgage agencies and the Department of Housing and Urban Development (HUD) to create a new mortgage underwriting and realty appraisal process that reflects actual homeowner energy costs, thereby stimulating greater demand for energy-efficient homes. The market-driven proposal is designed to promote cost-effective investments in home energy-efficiency while strengthening federally insured mortgages and creating as many as 83,000 jobs nationally in the construction, manufacturing and home renovation sectors.
"On behalf of the thousands of Coloradans whose jobs depend on vibrant insulation and energy efficiency industries, JM would like to salute Senators Bennet and Isakson for their leadership on this bill," said Raba. "Incorporating energy efficiency calculations into federal mortgage underwriting is a smart and budget-neutral way of creating real jobs and stimulating widespread economic activity."
The SAVE Act is supported by a broad-based coalition including the US Chamber of Commerce, the Council of the North American Insulation Manufacturers Association (CNAIMA), the Alliance to Save Energy, the US Appraisal Institute, homebuilders, environmental groups, green building advocates and other champions of energy efficiency.
"Energy efficiency truly is a 'win-win-win.' Homebuyers are able to lower their monthly utility bills, the economy benefits from job creation and the country as a whole saves energy," said Raba. "Considering that 45 million US homes are under-insulated there is a significant opportunity to make American homes more energy efficient and America more energy secure."
Slovakia: Johns Manville (JM) has announced plans to expand current fibre insulation production capacities in its Trnava facility in Slovakia. According to JM, an expanded furnace will be installed at the plant, which is due to be commissioned in the fourth quarter of 2012. It will enable added production flexibility within JM's product families and expand the production of selected products by as much as 40%.
In 2004 JM invested in a greenfield project to produce glass fibres at the site. The company says that its expansion plan clearly demonstrates its commitment to the European composites business.
Enno Henze, JM's vice president and general manager for Engineered Products Europe/Asia stated, "We feel confident that this major investment will continue to support our customers' plans for growth and underscores JM's commitment to growing the composites industry. Additionally, it highlights our drive to enhance customer relationships, product innovation and service excellence."
"With our commitment to innovative growth and the financial stability provided by being a part of the Berkshire Hathaway family of businesses, our fibres business is set to make its mark while supporting the growth agenda of our customers," added Henze.
US: Johns Manville (JM) officially broke ground on a new commercial roofing single ply membrane manufacturing facility in Milan, Ohio on 8 July 2011. The production facility will manufacture ethylene propylene diene monomer (EPDM) roofing products beginning in the second quarter of 2012.
During the groundbreaking ceremony - which hosted local officials, members of the Milan community, media and JM leadership - JM Chairman, President and CEO, Todd Raba noted that "This is a great day for JM and it's really incredibly gratifying to see the level of community support. JM has a strong presence in the state of Ohio and we are excited to be part of the Milan community." This facility marks the company's third facility in Ohio, with representation in three lines of its North American businesses of Insulation Systems, Engineered Products and Roofing Systems.
Raba also noted that, "This is the right time to invest in enhancing our product portfolio and JM now has one of the broadest offerings of commercial roofing products in the industry."
"Everything starts with our customers," stated Bob Wamboldt, vice president and general manager of JM's Roofing Systems business. "With over USD125m invested in our commercial roofing business over the past five years, this is really the crowning jewel of a five-year effort. JM has dedicated substantial resources to underscore our commitment to the single ply business and ensure a strong future for our customers in this segment of the commercial roofing industry."
