M-D Building Products Sees Increased Demand for Its Weatherproofing Products Spurred by the Recently Passed American Recovery and Reinvestment Act/Stimulus Bill

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Mon Apr 20, 2009 11:00am EDT

Company Gears Up to Help Weatherize America
OKLAHOMA CITY--(Business Wire)--
M-D Building Products in Oklahoma City expects demand for its weatherization
products to increase over the next year due to the stimulus bill recently signed
into law by President Obama. The bill channels over $5 billion to fund
weatherization programs and increases the tax credits for weatherproofing homes.


The bill includes stimulus elements for states to fund the weatherproofing of
homes in low income areas. These homes are traditionally older and less energy
efficient. In addition, the bill increases the tax credits available to
Americans for weatherproofing their homes from 10% to 30%. 

"The weatherproofing elements of the stimulus plan underscore the essential role
conservation will play in helping our country achieve the greater goal of
decreasing our energy dependence on some foreign sources over the next ten
years. This bill provides the incentives and financing as well as the motivation
for Americans to weatherproof their homes," commented Loren Plotkin, President
and CEO of M-D Building Products. 

M-D Building Products, which was founded in 1920, develops, manufactures and
markets a range of residential and commercial weatherproofing products,
including door and window weather-stripping, garage door weather-stripping, pipe
insulation and a complete line of interior and exterior caulk marketed under
both the Tower Sealants and DuPont brands. 

"As an industry leader in weatherproofing technology, we are pleased energy
conservation is front and center in the creation of the new energy movement in
our country. Additionally, as an American company, we are pleased and ready to
be part of our nation`s new energy economy, an economy built on conservation and
renewable energy sources," Plotkin said. 

He continued, "The sheer fact that weatherization is included in the stimulus
bill validates the significant energy savings we can realize in both summer and
winter months. Homeowners can save energy and money by taking some very simple
and inexpensive steps such as properly sealing doors and windows with
weather-strips, thresholds and caulk." According to the United States Energy
Department's Weatherization Assistance Program, weatherproofing a home can
reduce heating bills by 32% and overall energy bills by $358 per year at current
prices. 

The company has led the development of a new informational website to make it
easier for consumers and organizations to learn about the best weatherproofing
practices and weatherproofing products. The new website can be accessed at
www.weatherizationsource.com. "Since consumers are going to hear a lot about
weatherproofing their homes in the next several months, we want to help by
providing a single place on the Internet where they can quickly and easily get
the information they need to weatherize their homes. Frankly, we know
weatherproofing and we want to help," Plotkin said. 

Headquartered in Oklahoma City, M-D Building Products employs over 400 people at
two separate manufacturing facilities located in Oklahoma and Georgia. M-D
Building Products sells its weatherproofing products through numerous retailers
and channels to consumers, contractors, wholesalers and community organizations
across the nation. 

M-D Building Products represents a prime example of a mid-sized manufacturing
business positioned to benefit from the economic stimulus package. "While it is
premature to project how many jobs will be created, it is accurate to say we
expect to see some job growth over the course of this year because of the
expected increase in demand for our weatherproofing products," Plotkin said. 

M-D Building Products, a privately held business headquartered in Oklahoma City,
Oklahoma, has been inventing, developing, manufacturing and distributing quality
products for building, decorating and weatherproofing since
1920.http://mdteam.com/index.php

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Gooden Group/Public Relations
Kathy Oden-Hall, 405-203-5742
or
Brent Gooden, 405-715-3232 



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