HUBBARD ENTERPRISES/HOLDRITE®  ACQUIRES HYDROFLAME PRODUCT LINES AND FACILITIES FROM PRESEALED SYSTEMS, LLC.

VISTA, CA. August 20, 2009 – Hubbard Enterprises/HOLDRITE® has acquired the entire product line and facilities of HydroFlame “cast-in-place water-smoke-fire stop” systems from Presealed Systems, LLC.

Driven by a focus on excellence in people, products, and service, HOLDRITE® continues to expand and position itself for sales growth.  Dan Beadle, HOLDRITE’s CEO stated, “The addition of the HydroFlame brand name provides an excellent strategic opportunity for our further expansion.  HOLDRITE® is committed to bringing new technology and labor saving products to our clients while improving the overall quality of their projects.  We have already added over a dozen new products this year and there are more on the way.”

Darrell Price, inventor of the HOLDRITE® HydroFlame System commented, “Water intrusion, at a cost of millions of dollars a year, is an enormous issue in multi-story building construction and design.  The revolutionary, patented HOLDRITE® HydroFlame cast-in-place sleeving systems provide the highest level of fire and water protection available today, resulting in the client saving time, money, property, and materials.  We are excited about joining the HOLDRITE® family.  HOLDRITE’s developed sales channel and the combination of our personnel will allow us to quickly reach new and expanded markets within the construction industry.”

 “We are delighted at the opportunity to bring another efficiency enhancing product to our customers,” said Tim McConnell, Vice President of Sales and Marketing.  Chip O’Neil, Director of Business Development continued, “Our companies share the same vision for providing engineered solutions that are held to the highest standards of quality, innovation, and affordability.  This represents a tremendous opportunity to bring a patented, market leading product line to a broad range of multi-story construction projects.”

ABOUT HUBBARD ENTERPRISES/HOLDRITE®

Since the introduction of the first HOLDRITE® Copper-bonded™ bracket over 27 years ago, Hubbard Enterprises/HOLDRITE® has become a leading manufacturer for the building industry.  HOLDRITE® has developed an unparalleled reputation for providing engineered solutions that are held to the highest standards of quality, innovation, and affordability.  The combination of strong executive leadership and dedicated, skilled employees has led to the receipt of multiple awards for workplace excellence.

HOLDRITE® is an industry leader offering solutions for support and alignment, noise and vibration isolation, and water heater and equipment support.  HOLDRITE® also provides value-added, no cost VIP services that include specification and submittal assistance and custom detail application pages.

HOLDRITE® products generate time and cost savings for their clients, which include residential and commercial mechanical and plumbing contractors, wholesalers, and engineers.  Applications span single-family and multi-family housing, residential towers, healthcare facilities, corporations, casinos, major hotel chains, and sports stadiums.  Regional distribution centers have been established to expedite delivery across the United States and Canada.

 

For more information, contact Tim McConnell, Vice President of Sales and Marketing, Hubbard Enterprises/HOLDRITE® or Darrell Price, Director Water and Fire Products, Hubbard Enterprises/HOLDRITE®.

Hubbard Enterprises/HOLDRITE®

2560 Progress Street
Vista, CA 92081

Phone:(800)321-0316
Fax:      (760)744-0507
www.holdrite.com

www.presealedsystems.com