Schuller Acquires NRG Barriers

Schuller Corporation, a publicly traded manufacturer of fiberglass insulation based in Denver, Colorado, announced on May 17 that it is acquiring NRG Barriers of Portland, Maine, one of the nation’s leading producers of polyisocyanurate foam insulation. Both Schuller and NRG have been leaders in improving the environmental characteristics of their products: Schuller has the highest post-consumer recycled glass content of any fiberglass manufacturer, and NRG was the first polyisocyanurate foam manufacturer to eliminate CFCs from its formulation. NRG operates five plants in Maine, Pennsylvania, Indiana, Florida, and Washington and had sales of $150 million in 1995.