Armtec Distribution Agreement Expands U.S. Retail Market Presence

Armtec Infrastructure Income Fund had entered a distribution agreement with CertainTeed Inc., a manufacturer of building materials and supplier to the U.S. residential building trades industry. Under the terms of the agreement, CertainTeed will distribute Armtec's Platon foundation wrap product throughout the U.S. residential housing and retail building trade markets. Platon keeps basements dry by waterproofing foundations and controlling moisture under sub-floors.

“This agreement is consistent with our growth strategy and marks the beginning of an exciting new relationship that supports our objective of increasing the penetration of the Platon product in the U.S. marketplace and also opens opportunities for future growth,” says Charles Phillips, president and chief executive officer (CEO) of Armtec.

“CertainTeed is a major player in the U.S. building products market with a national presence. We are very pleased to have the opportunity to work with such a strong partner, who shares our enthusiasm for the potential for Platon, and look forward to following up with them on further initiatives that will expand the respective offerings to our customers.”

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