RedBuilt™ acquires certain Standard Structures Inc. assets

Aug 30, 2011. /Lesprom Network/. RedBuilt™ signed an agreement to purchase certain Standard Structures Inc. (SSI) assets, such as equipment, raw materials inventory and intellectual property, as the company said in a press release received by Lesprom Network. “Standard Structures has been a strong competitor of ours over the years and we have a great deal of respect for the company and the Caletti family, who founded SSI more than six decades ago,” said RedBuilt president and CEO Kurt Liebich. “It’s unfortunate when any company finds itself in this situation. However, RedBuilt’s acquisition of certain assets related to SSI’s engineered wood products business is a logical fit, and it is in the best interests of both companies and the many customers we both serve.” RedBuilt will not be manufacturing SSI-branded engineered wood products. “We’re not able to produce Standard Structures products due to building code regulations, so SSI engineered wood I-joists and open-web trusses will no longer be available,” Liebich said. “However, RedBuilt offers many comparable, innovative, industry-leading products, and we hope to work with SSI’s former engineered wood products customers to identify suitable alternatives that satisfy their project requirements.” RedBuilt’s offerings include composite wood-and-steel open-web trusses, engineered wood I-joists, engineered lumber like LVL, and complementary components, product engineering, and onsite technical support, as well as a range of concrete-forming and scaffold-planking solutions. Standard Structures Inc. pioneered the glulam beam industry. It designs and manufactures engineered wood products for commercial and multifamily construction.