Window Film Included in Home Star Legislation Passed by House
The U.S. House of Representatives has passed legislation designed
to provide rebates to homeowners who install energy-saving products, including
window film, which is mentioned by name in the bill. The legislation could
also create an estimated 168,000 construction, manufacturing and retail
jobs in the United States.
“The Home Star Energy Retrofit Act is a common sense bill that will create
jobs, save consumers money, and strengthen our economy,” stated President
Obama. “I commend the House on passing this bill … At a time when millions
of Americans are looking for work and companies are ready to take on new
customers, this legislation will help jumpstart job growth and demand
for new products created right here in America. This rebate program will
not only put people back to work, it will lower costs for homeowners who
choose to improve their homes … and it will also save consumers money
on energy bills down the road.”
He continued, “I’m convinced that the country that leads in clean energy
is also going to be the country that leads in the global economy and I
want America to be that nation. I will not settle for anything less than
first place when it comes to new energy technologies, and this bill will
create the incentives to help us accomplish that goal. We have workers
eager to do new installations and renovations, and factories ready to
produce new energy-efficient building supplies. [This] House vote is an
important step forward, and I look forward to working with the Senate
to improve this legislation so we can help more middle-class homeowners
make these investments without delay.”
U.S. Representatives Rick Boucher and Tom Perriello applauded bipartisan
House passage of the Home Star Energy Retrofit Act, as it would benefit
window film manufacturers due to an amendment they fought to have included.
“Energy saving window films … can provide homeowners with substantial
savings on energy costs when applied to existing windows. The measure
approved by the House will encourage homeowners to make use of such energy-saving
retrofits, by providing rebates for the purchase and installation of energy-saving
measures in their homes. The measure not only helps families reduce home
energy costs but also will create jobs,” Boucher said.
According to the legislation, in order to get the credit window film must
be installed on at least eight exterior doors, windows or skylights, or
75 percent of the total exterior square footage of glass in a home, whichever
is more. The films must be certified by the National Fenestration Rating
Council and have a solar heat gain coefficient of 0.43 or less with a
visible light-to-solar heat gain coefficient of at least 1.1 for installations
in 2009 International Energy Conservation Code climate zones 1-3; or a
solar heat gain coefficient of 0.43 or less with a visible light light-to-solar
heat gain coefficient of at least 1.1 and a U-factor of 0.40 or less as
installed in 2009 International Energy Conservation Code climate zones
Homeowners can receive $1,000 per measure for energy-saving installations.
The maximum rebate for a home is $3,000 or 50 percentof the total cost
of the installed measures.
“Although this is only a House bill at this point and still needs to go
through the Senate before it can become law, it is a tremendous recognition
of the benefits of window film use for energy savings, especially for
retrofit installation on older homes,” said Darrell Smith, executive director
of the International Window Film Association. “In addition, window film
has been acknowledged by our legislators as an extremely cost effective
measure in instances where window replacement cannot be justified, either
for affordability reasons or when the existing windows are in good shape
and need no replacement. Resources of our manufacturer members along with
letters of support, which were requested from local dealers and distributors
all contributed to this success.”
Solutia Announces the Acquisition of Novomatrix
Solutia Inc. has acquired Novomatrix, a maker of high-technology performance
window films for the automotive aftermarket and architectural applications
for residential, commercial and industrial properties. The $78 million
acquisition of Singapore-based Novomatrix from MAFLP Investments Limited
and Globamatrix Holdings was financed through existing cash and did not
require additional third-party financing.
“This acquisition strengthens Solutia’s core competencies, supports our
growth strategy for the Performance Films division and bolsters our talent
base in Asia,” said Jeffry N. Quinn, chairman, president and chief executive
officer of Solutia Inc. “As Solutia looks to the future, we are executing
upon our previously stated strategy of enhancing our portfolio through
targeted bolt-on acquisitions that support our existing businesses. We
welcome the strength of Novomatrix, its employees and its well-positioned
brands into the Solutia family.”
According to the announcement, the acquisition will expand Solutia’s reach
in key, emerging regions through Novomatrix’s established presence in
Southeast Asia and the Middle East, which will complement Solutia’s presence
in Northern Asia. Solutia says integration of Novomatrix also provides
an additional talented employee base in the region, ensuring continuation
of its high-performance culture in this market. In addition, Solutia says
its manufacturing capabilities, processing expertise, technology resources
and strong dealer and distribution networks will benefit the Novomatrix
brands, which include V-Kool® and Hüper Optik®.
“A multi-brand approach will create opportunities to grow market share
for all brands in existing and new markets,” says Ray Kollar, president
and general manager of Solutia’s Performance Films division. “We will
be able to satisfy a wide array of film needs and requirements by choosing
the best solution among our product offerings.”
Solutia’s acquisition of Novamatrix does not include Solamatrix Inc.,
which is also owned by Globamatrix Holdings. Solamatrix released the following
“We are pleased to take this opportunity to confirm to our partners and
customers that we at Solamatrix continue to operate under our original
owners, Globamatrix Holdings and Southern Capital Group. We continue to
operate business as usual with the ongoing goals of growing our business,
our market share, and being an excellent supplier to our customers.
“We know that rumors and incorrect information [primarily revolving around
whether the company was being closed or sold] are circulating within the
market. We will do our best to clarify and communicate the situation as
quickly as possible.”
HanitaTek and Impact Film Supply Join Forces in Florida
Impact Film Supply is now distributing window films from HanitaTek to
dealers in Florida.
“HanitaTek’s depth of product line and high quality reputation make this
a great line for Impact Film Supply to bring to the industry in Florida,”
says John Diaz, president of Impact.
U.S. Film Crew Announces Opening of New Office Locations
U.S. Film Crew (USFC) based in Pittsburgh has opened new offices in Washington,
D.C. and San Antonio, and also upgraded its recently opened headquarters
Alex Potter will serve as the director of operations for the Washington
D.C. office and Rick Lerna as the director of operations for the San Antonio
office. Both have been a part of various USFC projects and have experience
from extensive field work.
In other news, USFC also donated time and materials to enhance the safety
of a Greater Works Christian School in Monroeville, Pa., by installing
more than 1,000 square feet of security film to the windows facing the
According to a company announcement, USFC president and chief executive
officer Glenn Yocca, who has had strong ties with the school and its church
for many years, saw this project as a chance to give back to the community.
“Shattered glass can, of course, always pose a danger, but when it is
not tempered its shards can be very large and extremely lethal, especially
in a school environment,” says Yocca. “I hope that similar steps to protect
school children will be implemented at all schools.”
Erickson International Announces New Sales Representative
Erickson International, Las Vegas-based manufacturer of American Standard
Window Film, has appointed Scott Boettcher as its new sales representative
for Arizona. Boettcher has 22 years of window film experience, and in
his new role will be responsible for supporting existing business and
developing new opportunities for professional dealers.
Beginning his career as an installer at age 16, Boettcher learned all
facets of the industry, eventually becoming a sales representative for
Sun Control of Minnesota. In that role he was actively involved with professional
organizations such as IFDA, IREM and BOMA and served on the board of IFMA
as the co-chair of the education committee.
He also delivered AIA continuing education presentations to 60 firms in
the Twin Cities and St. Cloud area.
“We are pleased that Scott has joined our team and are confident that
his varied experience relating to installation, sales and development
of consultative relationships with key industry stakeholders will be invaluable
to the continued growth of our company and the expansion and profitability
of our network of professional installers,” says Pierre Chraghchian, managing
partner of Erickson International.
Panorama® Recognizes Dealers with 2009 Awards
While the Fourth Annual Panorama Dealer Meeting, held March 4-6, 2010
in San Diego, included sessions on new business procurement techniques,
technical training and industry education, the company also took the opportunity
to recognize a number of dealers with 2009 Panorama Dealer Awards.
The following were recognized:
Panorama Dealer of the Year: Dale F. Case, Ever-Ready Glass, Phoenix;
Panorama Hilite Excellence: Steve Clark, Window Innovations Inc.,
Panorama Regional Excellence: John Henderson, Royal Window Films,
Panorama Regional Excellence: Gene Hanson, Sun Masters, Cypress,
Panorama Regional Excellence: Richard Puthoff, Eclipse Window Tinting,
Panorama Regional Excellence: Lyman MacNutt, Solar X, Sarasota,
Panorama Regional Excellence: Richard Miller, Green Valley Window
Tinting, Henderson, Nev.;
Outstanding New Panorama Dealer: Damon Davis, Solar Solutions,
Panorama Premier Plus Top Performer: Kimberly Merrill, Tint Wizard,
Ogden, Utah; and
Outstanding Panorama Business Growth: Jerry Burns, Sun King, Denver,
“With the worldwide focus on energy savings and CO2 reduction our industry
has a huge opportunity and it is critical that we work in partnership
with our dealers and installers to realize this potential,” says Christophe
Fremont, president, Bekaert Specialty Films, manufacturer of Panorama
window films. “Our customers are changing. They demand analysis, proof
of performance, information and a new level of professionalism. The training,
information, tools and support that we offer our dealers, combined with
their commitment and dedication to this industry, will enable us all to
grasp this opportunity and grow the window film business to new heights.”
3M Appoints Company Director in Renewable Energy Division
3M Renewable Energy Division announced the appointment of Alison Schell
as the new energy conservation business director. Schell joined 3M
in 1987 as marketing coordinator for the company’s Australia Performance
Materials and Solar Film businesses.
“We are very pleased to add Alison to our fast growing division. She has
been a part of the 3M family for more than 20 years and her extensive
international, marketing and business leadership expertise will help lead
the division into a healthy future,” said Michael Roman, vice president
and general manager of 3M Renewable Energy Division.
During Schell’s 15 years at 3M Australia she held several marketing leadership
positions in electrical, telecommunications, chemicals and specialty materials
before being appointed to division manager for Occupational Health and
Safety (OH&ES) Australia. Next, Schell joined 3M in the United States
as international manager of OH&ES, and later spent two years in Six
Sigma commercialization leadership in the Safety Security and Protection
Services business. Before becoming a member of the Renewable Energy Division,
Schell was marketing director for 3M Corporate Strategy and Development.
“3M’s Energy Conservation Business Unit is well positioned for aggressive
global growth with a strong portfolio of products positioned at competitive
price points, especially in the Asia Pacific Region where we are seeing
very strong demand for our energy conservation technologies,” said Schell.
“After spending my first week in Asia, I am resolute to 3M’s commitment
of global leadership in the window film market, including leveraging our
global reach to align supply sources with global market demands.”
In other news at 3M, during its annual dealer meeting, held March 3-6
in Phoenix, Columbia Filters was honored as the 3M National Dealer of
the Year. Eight other dealers were also recognized with regional Dealer
of the Year awards including JC Customs, Winter Haven, Fla.; Brower Window
Tinting, Seattle; Climate Insulating Products, San Francisco; Ken Caryl
Glass, Denver.; Glare Control, Lexington, Ky.; Sunset Glass Tinting, Houston;
Millard Enterprises, Hartford, Conn.; ATD Solar & Security, Washington,
D.C.; and Engineered Sun, Orlando, Fla.
XPEL Announces 2009 Results
XPEL Technologies Corp. based in San Antonio has announced results for
the year ended December 31, 2009.
“Over the past year, excluding the non-cash loss on the sale of our Canadian
subsidiary, we have achieved net income profitability from continuing
operations for the first time as a public company,” said Ryan Pape, XPEL’s
chief executive officer. “In 2010, we will focus on revenue growth, expansion
of the product line and continued profitable operations.”
Revenues increased two percent to $3,834,565 from $3,747,860 in fiscal
2008. Installation, kit and material sales increased to 57 percent of
total revenues. Revenues for fiscals 2008 and 2009 reflect continuing
Cost of sales decreased as a percentage of revenues to 42 percent from
50 percent in fiscal 2008, and general and administrative expenses decreased
40 percent to $1,647,276 from $2,730,648 in fiscal 2008.
The company reported a net loss of $566,412 with earnings of $141,046
from continuing operations as compared to a net loss of $3,917,926 for
fiscal 2008 with losses of $1,985,225 from continuing operations. When
adjusted for non-cash expenses, the adjusted net income was approximately
$256,927 as compared to an adjusted net loss of approximately $1,742,804
for fiscal 2008.
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