Clarksville, TN, May 26, 2006 - MW/MB, LLC, the Tennessee based fiberglass manufacturer, is producing fiber at its Clarksville plant and has started to send shipments to its customers according to one of the plant's owners, IKO Industries Ltd. The plant is a joint venture between roofing products manufacturers IKO Industries Ltd. of Calgary, Alberta; and TAMKO Roofing Products Inc., of Joplin, Missouri. The Clarksville facility opened its doors in late 2005, and began shipping wet chopped fiberglass to the business partners in April of this year. IKO Industries and TAMKO are evenly splitting the plant's production for use in their primary roofing businesses. The fiberglass strands are used to create fiberglass mat, which is the base backing or substrate for residential asphalt roofing shingles. "We're very pleased that we are able to start taking deliveries from the plant. The MW/MB team is very focused on producing a quality product for us," notes Warren Schultz, Eastern US Regional Manufacturing Manager for IKO. "By producing fiberglass within our own operation, we have better control of our supply of raw materials. It allows us to be more cost effective, which ultimately benefits our customers." Asphalt shingles are the most commonly used roofing product for US homes today, with more than 12.5 billion square feet of products produced annually, enough to shingle 5 million homes each year, according to industry statistics. IKO Industries Ltd. is a global leader in the manufacture and supply of commercial and residential roofing products. Founded in Calgary, Alberta, in 1951, the family owned business has grown to include about 20 manufacturing plants and 3000 employees worldwide.
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