Lancaster County's Superior Walls of America posts 20 percent growth
East Earl Township-based Superior Walls of America, a leading manufacturer of precast concrete foundation systems primarily used in home construction, recently announced 20 percent sales growth over the first five months of the year.
“The housing economy is certainly rebounding both here in Pennsylvania and nationally,” said President Jim Costello. “The pace of building and the volume of orders is up.”
Continued recovery in the residential building sector should facilitate added growth for the Lancaster County-based company, which has nine factories in the eastern United States that make its energy-efficient products.
Superior Walls licenses its technology to independent companies for production of its products. Two of its production facilities are local. One is in the Ephrata area, the other in Middleburg, Costello said.
“We have recently gained building code recognition in Canada,” he said, anticipating a new licensee in Canada this year. “We have a very small amount of business in Canada from U.S. producers. With our recent evaluation, we’ll be able to open multiple Canadian (production facilities) over the next couple of years.”
The company services about 30 states in the U.S. As the housing market grows, Costello said he would expect to add new factories to expand that territory.
“We’re in an (upward) market,” he said. “We have a highly energy-efficient-aware economy. And we have a product that is exactly what the homebuilder is looking for.”
The company’s insulated precast concrete wall systems have earned the green-approved product designation from the National Association of Home Builders’ research center. Historically, the systems made by Superior Walls were used in basements. Today, entire homes are incorporating the products, Costello said, citing hurricane-prone areas on the East Coast.