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Insulation Fabricators, Inc. history
Insulation Fabricators, Inc. company history timeline
In 1981 APi bought Industrial Contractors, Inc. (ICI) of Bismarck, North Dakota.
In April of 1982, Jack Doherty sold General Insulation Company to Frank Granara.
In 1982 Irex executives Alexander V. Stoycos and W. Kirk Liddell cofounded SPI. Liddell was the son of Irex's original president.
1982: Irex forms distributing subsidiary Specialty Products & Insulation Co. (SPI).
The pace of acquisitions increased in 1985 when APi gained three more subsidiaries.
Jamar's construction services division started up in 1989 to sell and rent aerial lift equipment, forklifts, scaffolding, and temporary heating equipment.
Another three acquisitions joined the APi Group in 1989.
In 1990 APi became part of an alliance seeking to build a 175-mile toll road around the Twin Cities metro area.
In 1990 Jamar established Sonneman Construction in Cloquet, Minnesota as a boiler maintenance and repair division.
APi bought Industrial Fabricators, Inc. and National Fire in 1994.
Statewide Fire Protection of Las Vegas, which specialized in installing sprinkler systems in casinos, was bought in 1996 and rolled into Western States Fire Protection.
1996: VFP Fire Systems and Vipond Fire Protection of Canada are acquired.
Lee Anderson sold the chain to Norwest Corp. for a considerable profit in 1997 and retained two banks under the name Anderson Financial Corp.
In 1997 the company bought New Reach Co., Inc. of Wisconsin.
In 1998 APi sold its building materials wholesaler APi Supply Company (but retained APi Supply, Inc., the aerial work platform rental company). The subsidiary was sold in part because Home Depot, which had its own distribution system, was moving into rural areas and threatening APi's territory.
In May 1999 Acoustical & Interior Distributors was bought, adding to SPI's capacity to service the midwestern commercial building industry.
Vipond was further enhanced in 1999 with the acquisition of Cronin Fire Equipment of Ottawa, Alsask Fire Equipment of Regina, Saskatchewan, and Firestop of Belfast, Ireland.
By 1999 fire protection had grown to account for 60 percent of APi's revenues, up from 30 percent five years earlier.
APi bought US Fire Protection and Alliance Fire Protection, both based near Chicago, in 2000.
In 2001 APi bought Doody Mechanical, Inc., a St Paul-based contractor providing services to larger institutions such as schools, housing projects, industrial sites, retail locations, and places of worship.
Late in 2003 APi bought Windy City Fire Protection of Chicago and merged it into Alliance Fire Protection.
2004: ABATECO, Inc. is formed to focus on asbestos and lead abatement.
In 2008, General Insulation acquired Clark Insulation, which became GIC’s 32nd location.
Expansion continued in 2014 with new branches in Birmingham, AL in May and Milford, CT.
In March 2015 the expansion plan for the country entered into a more focused phase.
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Insulation Fabricators, Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Fortiline Waterworks | 1997 | $207.5M | 250 | - |
| Bay Insulation Systems | - | $8.5M | 90 | 2 |
| Millard Lumber | 1948 | $118.3M | 200 | - |
| C.H.I. Overhead Doors | 1981 | $40.2M | 238 | - |
| Benise-Dowling & Associates | 1978 | $590,000 | 2 | - |
| Universal Custom Display | 1999 | $1.2M | 50 | - |
| Coastal Forest Products | - | $60.0M | 200 | - |
| Northwest Door | - | $560,000 | 2 | - |
| Tremron | 1992 | $14.0M | 135 | 18 |
| AHI Supply | 1982 | $28.8M | 100 | 2 |
Insulation Fabricators, Inc. history FAQs
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