ROCKFON to build first North American manufacturing facility

ROCKFON to build first North American manufacturing facility

BYHALIA, MS - This is a news release from Roxul Inc.

ROXUL® USA Inc. affiliate ROCKFON® LLC, a subsidiary of Denmark-based ROCKWOOL® International A/S, has confirmed plans to build its first North American acoustic ceiling manufacturing facility in the United States. The facility will be located in Marshall County, Mississippi, adjacent to the current ROXUL USA factory, approximately 30 miles south of Memphis, Tennessee.

The new ROCKFON facility represents an initial investment of approximately $40 million U.S. dollars. Construction of the 130,000 square foot facility is expected to begin in early 2016 with production expected to begin mid-2017. The new facility will employ approximately 100 people.

"This investment and new facility further demonstrates ROCKWOOL's commitment to, and development of the North American market," said ROXUL USA president Trent Ogilvie.  "The Mississippi facility will be ROCKFON's fifth manufacturing facility in the world, extending global capacity and meeting the growing demand for ROCKFON's stone wool acoustic ceiling products in North America" added John Medio, ROCKFON's president of the Americas.

ROCKFON is working closely with the State of Mississippi, Marshall County, and local authorities to ensure that this project is designed and constructed to meet or exceed building code and environmental standards.

In North America, the ROCKWOOL Group operates under the name ROXUL. ROXUL has been in North America since 1988. ROXUL's existing facility in Marshall County, Mississippi manufactures a full line of residential, commercial, industrial and roof board stone wool insulation products.

ROCKFON has been operating in North America since Jan. 2013. With the acquisition of Chicago Metallic® in Oct. 2013, ROCKFON provides customers with a complete ceiling system. Its product offering combines ROCKFON stone wool and specialty metal ceiling panels with Chicago Metallic suspension systems.

The new facility in Mississippi will manufacture ROCKFON stone wool acoustic ceiling products. ROCKFON will continue to manufacture its specialty metal ceiling panels and Chicago Metallic suspension systems in its Chicago and Baltimore facilities. Chicago Metallic suspension systems also are manufactured in Belgium, Malaysia and China. ROCKFON's other stone wool manufacturing facilities are located in the Netherlands, Poland, France and Russia.

ROCKFON's new manufacturing facility in Mississippi and its strategically positioned U.S. distribution centers will provide for comprehensive coverage and servicing of the North American market.

About ROXUL Inc. and ROXUL USA Inc.

ROXUL Inc. located in Milton, Ontario and Grand Forks, British Columbia and ROXUL USA Inc. located in Marshall County Mississippi are subsidiaries of Denmark-based ROCKWOOL International A/S, the world's largest producer of stone wool insulation. ROCKWOOL International A/S is a publicly held company, which trades on the Nasdaq Copenhagen stock exchange. Operating 28 factories in 18 countries, the ROCKWOOL Group employs over 11,000 people and features a global network of sales companies, trade offices and dedicated commercial partners. ROXUL's products provide superior thermal and acoustical value and are fire resistant, water repellent, non-corrosive and resistant to mold.