Jul 28 2009
Global Hybrid Roofing Solutions, a subsidiary of Global Hybrid Solutions, has acquired the rights to manufacture and market a line of innovative synthetic composite roofing products formerly offered by Titan Manufacturing. Global Hybrid Roofing Solutions (GHRS) forecasts investment of $50 million over the next three years in global product development, by way of both manufacturing and licensing.
In recent months, GHRS has established manufacturing facilities in Iowa and Kentucky, creating 25 new jobs. GHRS also plans to establish a location in the United Kingdom, which will create at least six new jobs in the midst of the current global recession. GHRS intends to open four additional manufacturing facilities in the United States, with its corporate headquarters located in Central Florida.
GHRS' buildup coincides with its acquisition of numerous intellectual property rights in relation to a unique color blending and proprietary material composition process integral to the manufacture of its synthetic roofing products. The Renovar process-and the unique material produced by the process-incorporates UV components and formulations that use recycled materials, while ensuring the products' lasting color and performance. GHRS' product line also has received National Test Approval Certification.
GHRS was established by a consortium of successful American and European entrepreneurs in 2008 with the intention of meeting the global demand for green energy and products that are not just environmentally friendly but are produced from recycled (as much as 40% post-consumer and 20% pre-consumer) resources.
The products offered by GHRS come in a variety of colors, are impact resistant, and come in Class A and Class C fire ratings in the profiles of Old World Slate, Old World Spanish barrel tile, slate roofing and shake roofing. The GHRS line also features the only Class A and Class 4 hail impact approved and certified composite barrel tile on the market-Old World Spanish A4. Not only are these products manufactured from recycled materials, they are 100% recyclable.