NEWS RELEASE

DuPont® to Acquire MaxLife Industries’ ArmorWall Business

The transaction, which is expected to close in the fourth quarter of 2021, includes the ArmorWall brand, patented technology, and a manufacturing facility in Salisbury, North Carolina.

DuPont to Acquire ArmorWall Assets

We at MaxLife Industries are proud to announce that an agreement was made between MaxLife Industries and DuPont Performance Building Solutions (PBS) that allows Taylor Clay Products to sell substantially all the assets of MaxLife’s ArmorWall business to DuPont PBS. With this acquisition, ArmorWall Fire-Rated Structural Insulated Sheathing™ will become one of the global leaders within the building enclosure products industry.

When discussing the acquisition, Jarrett B. Davis, General Manager of MaxLife Industries, had this to say:

[The] development of ArmorWall and its related products has been the first chapter of success for MaxLife, and now bringing our entire product portfolio to DuPont’s already extensive product offering allows for you to design, construct, and represent one of the best performing wall assemblies on the market today. The ArmorWall story will continue to divulge many more chapters in the future, and we sincerely hope that you will be an integral part of it going forward.

Jarrett B. Davis | General Manager, MaxLife Industries
(From left to right) Randy Hoffner, MaxLife Industries Plant Manager, and Jarrett Davis, General Manager at the MaxLife Industries Plant in Salisbury, NC

From DuPont

When interviewed about the acquisition, Tim Lacey, Global Vice President & General Manager of DuPont PBS and Corian® Design stated:

This acquisition perfectly aligns with our strategy to enable our customers to meet their current and future design and productivity challenges by providing a robust portfolio of sustainable, resilient and energy efficient building solutions and technologies. With the addition of the ArmorWall business, we look forward to using our building science and advocacy expertise to achieve meaningful progress on building codes, product adoption and expansion in the industry.

Tim Lacey | Global Vice President & General Manager, DuPont PBS and Corian® Design

For More Information

To read the full announcement from DuPont, click here.

To read the announcement letter from Jarrett Davis, click here.

About MaxLife Industries
MaxLife Industries is an owned subsidiary of Taylor Clay Products, which has been in the ceramics manufacturing industry since the 1800’s. MaxLife Industries manufacturers high-performance building enclosure panels for the commercial high-rise, mid-rise, low-rise and multifamily markets in new and renovation projects. The primary product line is the ArmorWall Fire-Rated Structural Insulated Sheathing™ series which combines four traditional building enclsoure product into one. These SIS panels contain structural strength, durability, continuous insulation, and fire, air and water-resistance. MaxLife Industries was formed by a combination of innovators in applied building science and construction materials manufacturing.

About DuPont® Water & Protection
DuPont® Water and Protection is a global leader in creating water, shelter and safety solutions for a more sustainable world; enabling its customers to win through unique capabilities, global scale and iconic brands including Kevlar®, Nomex®, Tyvek®, Corian® Design, Great Stuff, Styrofoam, and FilmTec.

About DuPont®
DuPont® (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life. Our employees apply diverse science and expertise to help customers advance their best ideas and deliver essential innovations in key markets including electronics, transportation, construction, water, healthcare and worker safety. More information about the company, its businesses and solutions can be found at www.dupont.com. Investors can access information included on the Investor Relations section of the website at investors.dupont.com.

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