Superior Walls Marks 12% Growth in 2017
2017 was a good year — especially in the new construction industry.
Based on accelerated new home starts and increasing requests from builders for precast concrete foundations, Superior Walls® celebrated a 12 percent business growth in 2017 over the previous year. Our company leaders project that another 10 percent growth can be anticipated for 2018.
“The overall building market has been growing steadily, which falls right in line with our product,” says Keith Weller, vice president and CFO for Superior Walls. “We’re experiencing a growth in market share for our products thanks to expansion of operations and more aggressive use by past customers.”
Weller notes that Superior Walls, which primarily serves builder needs in the East and Midwest, has also seen growth recently in the Carolinas.
“Superior Walls continues to target new areas for growth,” says Weller. “For 2018 we anticipate this will come from our operations in Canada and some pockets of growth in our core markets in the Northeast and Midwest.”
“Right now, with the new construction market on an upward swing, there’s a sense of growth and stability for our industry,” says Weller. “This allows everyone to move forward and we’ve seen construction accelerate. Superior Walls is aligned with this growth and ready to play a major role in providing dependable precast foundation systems across our country and in Canada.
“Precast concrete panels are truly the future for efficient construction projects. The benefits of speed, energy efficiency and reliability far outweigh any price differential with other foundation options.”
Innovator of the precast concrete foundation system, Superior Walls celebrates 37 years of operation in 2018. The company manufactures the only foundation to have earned the NGBS Green Certified Product designation and has precast concrete system licensee manufacturing operations throughout the United States and Canada.