Local Sealant Manufacturer Maintains Steady Sales Through Unstable Economy
GREAT STUFF™ Insulating Foam Sealant weathers economic conditions with its energy saving
Marietta, GA - GREAT STUFF™ Insulating Foam Sealant manufactured by The Dow Chemical Company, found a silver lining to the stormy 2008 economy. According to the U.S. Census Bureau, there was a 1% decrease in new orders for manufactured durable goods in November following an 8.4% decrease in October. Additionally, home construction in November was down 23.4% from a year ago. As energy prices rose and large scale housing renovations declined, foam sealants have remained popular among do-it-yourselfers and professionals in the repair and remodeling industry.
“The increase in energy costs, the economic downturn, and the struggling housing market have created the perfect storm for the product. People are looking for inexpensive ways to save money on their energy bills and for easy ways to upgrade their homes,” explains Jeff Fancher, Brand Manager. With the slowdown of the housing market, sellers are making home improvements to peak buyer interest. Additionally, many people who would be in the market for a new house if it weren’t for the poor economy have opted instead to remodel their existing home.
The economy has influenced consumers to focus on home improvement projects that provide practical benefits, such as energy savings. The U.S. Department of Energy identifies air leakage through holes, gaps, and cracks as the single largest cause of residential heating and cooling loss, accounting for approximately 30-50% of the energy used. “Consumers are not only becoming more money conscious, they are becoming more environmentally conscious as well,” states Fancher. “This increased awareness has helped GREAT STUFF sales.” GREAT STUFF is available at home improvement retailers and comes in five varieties: Gaps & Cracks, Window & Door, Fireblock, Pond & Stone, and Big Gap Filler.
About Dow Building Solutions
Dow Building Solutions (DBS) collaborates with builders, architects and remodelers, applying its expertise in building science to develop practical solutions that improve energy efficiency; protect against wind, rain and moisture; and contribute to reductions in greenhouse gas emissions. Its 60-year legacy of providing energy-saving solutions began with the launch of its flagship STYROFOAM™ Brand Insulation, and the DBS portfolio has since grown to include some of the most trusted brands used in residential and commercial building projects around the globe. Visit www.dowbuildingsolutions.com.
With annual sales of $58 billion and 46,000 employees worldwide, Dow is a diversified chemical company that combines the power of science and technology with the “Human Element” to constantly improve what is essential to human progress. The Company delivers a broad range of products and services to customers in around 160 countries, connecting chemistry and innovation with the principles of sustainability to help provide everything from fresh water, food and pharmaceuticals to paints, packaging and personal care products. References to “Dow” or the “Company” mean The Dow Chemical Company and its consolidated subsidiaries unless otherwise expressly noted.
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