IPS Corporation, a leading manufacturer of building and specialty adhesive products, has acquired the Metacrylics roof coatings company, based in Gilroy, Calif. This acquisition is in support of the IPS growth strategy within the roofing industry. IPS Roofing Products is best known for its leadership position with roof flashing products for vent pipes, which are manufactured in Tennessee and sold nationally through both wholesale roofing distribution and building products retailers.
Gary Rosenfield, vice president & general manager of the IPS Roofing Products division, commented, “We are extremely excited to enter the fast growth cool roof coatings market with the exceptional products and service proposition provided by Metacrylics. With the resources of IPS Corporation in support of this business, we plan to rapidly build on the previous success and outstanding reputation of Metacrylics. I am looking forward to working with this very talented Metacrylics team to help them continue in that effort.”