Based on accelerated new home starts and increasing requests from builders for precast concrete foundations, Superior Walls has celebrated a 12 percent business growth in 2017 over the previous year. Company leaders project that another 10 percent growth can be anticipated for 2018.
“The overall building market has been growing, which falls right in line with our product,” says Keith Weller, vice president and CFO for Superior Walls. “We’re experiencing a growth in market share for our products thanks to expansion of operations and more aggressive use by past customers.”
Weller notes that the company, which primarily serves builder needs in the East and Midwest, has seen also seen growth in the Carolinas.
“Superior Walls continues to target new areas for growth,” says Weller. “For 2018 we anticipate this will come from our operations in Canada and some pockets of growth in our core markets in the Northeast and Midwest.”
“Right now, with the new construction market on an upward swing, there’s a sense of growth and stability for our industry,” says Weller. “This allows everyone to move forward and we’ve seen construction accelerate. Superior Walls is aligned with this growth and ready to play a role in providing precast foundation systems across our country and in Canada.
“Precast concrete panels are the future for construction projects. The benefits of speed, energy efficiency and reliability far outweigh any price differential with other foundation options.
Innovator of the precast concrete foundation system, Superior Walls celebrates 37 years of operation in 2018. Its foundation has earned the NGBS Green Certified Product designation and has precast concrete system licensee manufacturing operations throughout the U.S. and Canada.
All Superior Walls products are pre-engineered and custom manufactured off site in indoor production facilities, eliminating any on-site soil contamination such as the form oil used for poured walls. Since Superior Walls panels are engineered and manufactured with insulated concrete studs, Superior Walls reduces the amount of materials used to build a structure, including wood and concrete, and reduces the carbon footprint during the construction process of a home or commercial facility. The panels are delivered directly to a jobsite where certified crews install the precast wall panels.
Xi Panels Lead Growth
According to Weller, the its Superior Walls Xi precast concrete wall panels continue to be a popular product for foundations. “Choosing a precast Xi concrete foundation can help ward off heat loss and make the basement a more comfortable area for extended living and storage space,” says Weller. “Builders recognize that our wall panels provide a dry and energy-efficient foundation for a home or commercial structure.”
Superior Walls Xi wall panels feature steel reinforced concrete and 2-1/2-inches of DOW Styrofoam insulation to create a barrier against sidewall water penetration. The panels are custom designed and constructed in a factory-controlled setting. Unique features of the Xi wall panels:
- 5,000+ PSI concrete
- Steel-reinforced top bond beams, concrete studs and footer beams
- Horizontal steel rebar inside top and bottom beams
- Vertical steel rebar inside each stud
- Insulated access holes for ease in wiring and plumbing
- Galvanized steel stud facing ready for drywall finishing
- Insulated corners, studs and bond beams
- Benefits to building owners
Superior Walls prefabricated foundation walls are resource efficient, using up to 70 percent less concrete in a new structure than conventional foundations. Available for installation year-round, the foundation panels provide dry basements, even in the harshest and coldest climates.
The benefits of a Superior Walls foundation system are substantial. The walls help lower energy costs and reduce energy leakage while providing more usable space in a comfortable setting. The precast concrete system helps improve the indoor air quality in a dry basement setting along with enhancing the resale value of a building.