AMERICAN PACIFIC FINANCIAL CORPORATION ACQUIRES US PLASTIC LUMBER, INC. ASSETS FORMS TRIMAX BUILDING PRODUCTS, INC.
CONTACT: Nathan Kalenich
Telephone: 312-491-2630
E-Mail: info@trimaxbp.com
FOR IMMEDIATE RELEASE
April 10, 2006….Larry Polhill, Chairman of the Board and Chief Executive Officer of American Pacific Financial Corporation (AMPAC) of San Bernardino, California is pleased to announce the acquisition of assets of US Plastic Lumber, Inc. (USPL) of Chicago, Illinois by Trimax Building Products, Inc.. Trimax is now one of the nation’s leading manufacturers of high density polyethylene building materials for structural lumber, transportation, marina and residential decking products. AMPAC founded Trimax Building Products, Inc. to insure the cohesive branding and management of its current, expanded and anticipated new product lines.
“Our interest in plastic lumber and related products stems from its unique patented approach to manufacturing quality maintenance free “green built” products for residential, commercial or industrial applications. Our products are made primarily from recycled plastics, and are environmentally safe and chemical free, contributing to a positive environment, which is so important today”, said Larry Polhill, Chairman of the Board and Chief Executive Officer of AMPAC.
“This new company and identity will allow us to expand into defined niche markets where we have expertise, and expand our national and international network of building material distributors and dealers”, said Shaun Webb, President and Chief Executive Officer of the new company.
Unlike composite and wood materials used in many building products today, Trimax is the only manufacturer of non-composite/non-wood products that won’t dent, mold, rot, splinter and never needs painting. Trimax products are environmentally safe, chemical free, inspect proof, and backed with a Limited 25 Year Warranty.
The Healthy Building Network recognized Trimax as the “Most Environmentally Preferred” product. Trimax is the only answer to solving the ACQ lumber issues facing all builders today.
American Pacific Financial Corporation, based in San Bernardino, California is a private equity investment firm with interests in real estate, food processing, publishing, hospitality, health, entertainment and manufacturing. The firm recently completed the acquisition of Photocircuits Corporation, one of the largest manufacturers and distributors of printed circuit boards, and one of the largest private employers in Long Island, New York. Its affiliates own a majority interest in Reality Information Systems, Inc. dba Help-U-Sell Real Estate (HUS), the nation’s largest and premiere “fee for service” provider of real estate services. HUS has close to 1000 offices and posted residential sales in excess of 12 billion dollars last year. An AmPac affiliate, Capital Foods, LLC, is the largest shareholder of Poore Brothers, Inc.(NASDAQ: SNAK) is a manufacturer and distributor of consumer foods products, and also holds a position in Café Valley Inc., a major provider of commercial baked goods. The American Pacific Financial Corporation family of companies has annual revenues in excess of $300 million dollars and employs approximately 2000 people.
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