Instone expands into Midwest market - becoming one of the largest US distributors of masonry products...
Instone moves into the Midwest market place with the acquisition of Hearth and Home Technologies building materials division, making Instone one of the largest masonry wholesale distributors covering the Mid-Atlantic, Northeast and the Midwest United States.
Alsip, Ill , February 23, 2010: Instone, a New Jersey based company who is one of the largest wholesale distributor of Owens Corning Cultured Stone® in the United States, distributing from Maine to Virginia, now moves into the Midwest market with the acquisition of the Heath & Home Technologies Alsip building materials distribution center.
When Hearth & Home Technologies became available for sale, Gordon Strout President and CEO of Instone saw the opportunity as vital to the continued growth of the company. "In spite of the sluggish economy this was an opportunity to position ourselves in a market place with huge growth potential" said Strout. "We may never see housing starts as in 2006 but we are confident that the market is returning to a level that will allow for growth opportunity and being in this region is how we plan on accomplish this" remarks Strout.
This as an opportunity for Intone to move into the mid-west market and looks to duplicate the success it has seen in the east.. Owens Corning Cultured® Stone Division supports the acquisition and the entrance into this new market by Instone. "We have a strong platform to build off of, our staff out of Chicago has built a wonderful masonry distribution business over the past 25 years with Cultured Stone® and other key suppliers. We look forward to the opportunity to build upon this heritage."
Heading up the Instone Midwest Region will be Kevin Grotke. Kevin joins Instone after spending the past 10 years at Owens Corning in various Operational, Sales and Marketing roles for the Cultured Stone® business. Kevin looks to build upon the strong relationship between the dealers in this market, Owens Corning and other strategic suppliers for success.
Instone is Headquartered in Millstone Township NJ for more information on Instone Please visit www.INSTONECO.com
or please contact Cathy Williams Marketing Manager of Instone 888-467-8250 email@example.com