Sustained Economic Slowdown Forces LifeTime Lumber To Close
09/27/2011 — Broadhead, WI — After nine years in the marketplace, Lifetime Lumber is no longer. Compositology has received information from two independent sources that the decision was announced on September 23rd in a company-wide conference call. Lifetime’s parent company, PolyLink Corporation of Mississauaga, Ontario had made the decision to cease operations and begin to shut down the division.
LifeTime Lumber was unique when it was founded in 2002 as a JV between Polylink Corp and Century Products LLC, with a uniquely formulated composite product: fly ash waste from coal-based electrical plants, and thermoset polyurethane as a polymer matrix instead of the typical thermoplastics used across the product category. The composition allowed Lifetime to be the first to market with a through-colored product with advanced scratch resistance. The continuous color allowed contractors to rout, cut, and slot the product in unique ways not possible with more traditional capped products. The company moved from the original product focus of fencing products, and migrated into decking and pergola applications.
The closing of Lifetime Lumber was preceded only one month before by the announced closure of the GAF Duralife product line (which consisted of both the Elk CrossTimbers and CorrectDeck product technologies).
- Is GAF Duralife Dead? Appears So… (compositology.com) 08/26/2011
Tags: Building material, building materials, Building Products, Business, composite, composite decking, Composite material, Composites, Compositology, Construction and Maintenance, Decks, Lifetime Lumber, Manufacturing, Materials and Supplies, polyurethane
This entry was posted on Tuesday, September 27th, 2011 at 23:25
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