AIM Board Declares Distribution
February 5, 2014
Distribution marks second consecutive year of growth.
February 5, 2014, Plano, TX -- At its January Board Meeting the Directors of AMERICAN INDUSTRIAL MANUFACTURERS of Building Materials, LLC (AIM) declared an annual distribution for the 2013 calendar year, following its second full year of operation. AIM is the consolidation of six regional manufacturing companies and an industry executive to create a national platform company. Headquartered in Plano, Texas, AIM is the combination of nine manufacturing plants and warehouse locations strategically located throughout the United States - producing over 500 products sold through various channels in the building materials market.
"I am very pleased with the issuance of a distribution in this second year," stated AIM Board Member Gary Scholten. "My fellow Board Members and I figured that it would take some time for our start-up organization to gain momentum, but our 2013 performance was better than we had imagined. This sets an even better outlook for the years ahead. It proves that hard work does pay off."
The AIM business model generates synergy and economies of scale across competitive dimensions of the Building Products market, such as: manufacturing capacity, raw materials sourcing, and distribution. AIM stands apart as being one of the few manufacturers able to deliver American-made goods to suppliers and end-uers who insist upon cutting edge products at a competitive price from a reliable single source.
In a statement at the January Board meeting, Andy Hastings, CEO of AIM, declared: "The Owners of AIM had a forward looking vision when we established this organization. It is rewarding to see that vision become reality."
About AIM: AIM produces over 500 products including complete lines of white coatings, emulsions, mastics, sealants, driveway maintenance products, modified bitumen membranes, caulks, adhesives, waterproofing, specialty paints, road emulsions and chemical distribution. AIM maintains manufacturing and warehouse facilities in Mars, PA; Cleveland, OH; Chicago, IL; Baltimore, MD; Ft. Worth, TX; Los Angeles, CA; and Oakland, CA. For more information, visit AIM's web site at www.aimbuildingmaterials.com or call (214) 254-4720.