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Ox Engineered Products Named a DAVID WEEKLEY HOMES 2021 National Preferred Partner

 

Northville, (August 31, 2021) Ox Engineered Products, the innovative manufacturer of structural sheathing, structural insulated sheathing, House Warp and Roof Underlayment, is pleased to announce that it was one of the winners of the David Weekley Homes 17th annual National Preferred Partner of Choice Award. The award recognizes field and manufacturing partners that have consistently operated at world-class levels, as determined by the home builder’s supplier evaluation platform. This comprehensive process, anchored by the National Preferred Partner Survey, evaluates companies in the areas of quality and customer service.

 

The National Preferred Partner Survey format was updated in 2020 to a system of two questions with a 1-to-5 rating system for partners and is sent to David Weekley Homes team members that are currently doing business with them in their market. When the Preferred Partners receive their quarterly results, they are shown how they rank amongst National Preferred Partners in their industry as well as the contact information for each David Weekley Homes team member who completed an evaluation for them.

The evaluation process involves a comprehensive system of feedback and discussion that enables David Weekley Homes to measure world-class excellence among all established trade partners and their channel partners. Providers that receive the highest scores throughout the year are presented with the prestigious National Preferred Partner Award.

“With everything that has occurred over the past year, it’s a testament to our team that we have been able to continue to service our builder partners at a high level. We are extremely honored to have been chosen for this award for a second consecutive year” said Todd Gluski, Director of Marketing for Ox Engineered Products

Every year, David Weekley Homes recognizes the preferred partners that have gone above and beyond throughout the previous year. “Ox Engineered Products has demonstrated world-class quality and service this year. They have gone above and beyond to provide us with the solutions needed to surpass the expectations of our homebuyers. It is our honor to name Ox Engineered Products as a National Preferred Partner.” said John Schiegg, Vice President of Supply Chain Services for David Weekley Homes.

 

About Ox Engineered Products

Our products are multi-functional, allowing builders and architects to save time and money during the installation process. We deliver truly innovative products at competitive prices compared to other structural insulated sheathing products. For more information about Ox Engineered Products, visit the company’s website at www.oxengineeredproducts.com.

 

About David Weekley Homes

David Weekley Homes, founded in 1976, is headquartered in Houston and operates in 19 cities across the United States. David Weekley Homes was the first builder in the United States to be awarded the Triple Crown of American Home Building, an honor which includes “America’s Best Builder,” “National Housing Quality Award” and “National Builder of the Year.” Weekley has also appeared 15 times on FORTUNE magazine’s “100 Best Companies to Work For®” list. Since inception, David Weekley Homes has closed more than 100,000 homes. For more information about David Weekley Homes, visit the company’s website at www.davidweekleyhomes.com.

Wind Point Partners Acquires Ox Engineered Products

Chicago, IL, February 28, 2018 – Wind Point Partners, a leading Chicago-based private equity firm, has partnered with experienced building products executive Dave Ulmer to acquire Ox Engineered Products (“Ox” or the “Company”), a leading specialty manufacturer of structural sheathing and thermal insulation building products.

Ox, based in Constantine, Michigan, is the largest U.S. provider of alternative laminated fibrous board sheathing solutions. Ox also produces structural and non-structural polyisocyanurate (“polyiso”) foam sheathing products out of an automated facility in Charleston, Illinois. Leveraging these strategically-located Midwest facilities, Ox serves both residential and commercial end-markets nationwide.

Paul Peterson, Managing Director at Wind Point, commented, “Ox is a well-established leader in cost-effective, alternative sheathing solutions for homebuilders and commercial builders. Ox’s products deliver a strong value proposition for customers both on cost and performance.” Peterson added, “We are particularly excited to be partnering with Dave Ulmer, who brings strong leadership and a wealth of industry experience.”

Industry veteran Dave Ulmer has joined Ox as CEO. Ulmer most recently served as President and CEO of The Tapco Group, a global manufacturer of innovative exterior building products specializing in siding, decking, and other high performance exterior components. Leading Tapco as CEO, and previously COO, for over 15 years, Dave has extensive experience producing innovative products and supplying end customers through both wholesale distribution and retail channels.

“I am extremely excited to join the Ox team and lead the organization through its next phase of growth,” commented Ulmer. “We plan to build on Ox’s excellent foundation by expanding geographic scope for our customers, developing new products, and executing complementary add-on acquisitions. Residential and commercial builders alike require innovative, energy-efficient solutions at a reasonable cost, and Ox’s products provide just that. With the backing of Wind Point, we plan to invest in Ox’s growth to best service these customers’ needs.”

Wind Point’s acquisition of Ox represents yet another partnership for the firm with entrepreneur-owned businesses, a key tenet of Wind Point’s investment strategy for decades. Wind Point will seek to further grow the Company both organically and through add-on acquisitions, leveraging the firm’s experience in the specialty materials and engineered products industries. Select previous Wind Point investments in these industries include Aurora Plastics, Novolex, Argotec, and Paragon Films.

Ox Engineered Products was a division of Hanover, Pennsylvania-based Ox Industries. As part of the transaction, Wind Point acquired Ox Industries’ engineered products division, including both the Michigan and Illinois facilities and the building products brands. Ox Industries will continue to operate its remaining paperboard and packaging businesses separately.

Financing for the transaction was provided by funds managed by PennantPark Investment Advisers, LLC and Eaglehill Advisors LLC. Reed Smith LLP served as legal counsel to Wind Point, and BKD, LLP provided transaction advisory services in connection with the transaction.