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WESTERN FORMS ACQUIRES SOLID WALL SYSTEMS

Western Forms and Mercedes Homes are pleased to announce Western Forms acquisition of substantially all of the assets of Solid Wall Systems, Inc. (“SWS”) from Mercedes Homes, Inc., a Melbourne, Florida- based homebuilder, effective May 9, 2008.

Since its inception in 2001, SWS, has been a leading production builder of cast-in-place concrete walls in Florida and was featured in several publications and national broadcasts, such as the Bob Vila television show and ABC Extreme Makeover: Home Edition. With such a recognized brand name in Florida, the company will continue to operate as Solid Wall Systems.

Western Forms, is not currently in the construction business, nor will it be in the future. Therefore, Structura Technologies, LLC, an affiliate of Western Forms that provides services to assist builders and contractors in the transition from block, wood, or other materials to cast-in-place concrete walls, will work in conjunction with SWS to develop third-party installer licensees to perform the actual-cast-in-place wall construction in Florida.

Mercedes Homes has been instrumental in developing cast-in-place concrete technology for above-grade walls in Florida and continues to recognize the value and benefits of poured-concrete walls. Their divestiture of SWS will now allow Mercedes Homes to concentrate on their core business while still offering the option of solid wall construction to their customers.

Mercedes Homes, Inc. (“MHI”) is the 30th largest single family homebuilder in the United States based upon number of homes settled/closed as reported in the May 2008 issue of Builderâ magazine. MHI is principally engaged in the marketing, sale and construction of single-family detached/attached homes generally ranging in sales prices between $100,000 to $800,000 for each home. MHI pri- marily builds in four (4) geographical regions, consisting of ten (10) separate housing markets:

  • East Florida – Jacksonville, Space Coast and Treasure Coast
  • West Florida – Orlando and Tampa
  • Carolinas – Charlotte
  • Texas – Austin, Dallas-Fort Worth, Houston and San Antonio

Western Forms, Inc. based in Kansas City, Missouri, is the worlds leading manufacturer of aluminum forming systems and support services to the residential and commercial concrete construction industry. Western Forms was founded in 1955 and invented the fabricated aluminum form in 1963. With its 350 employees, and 22 patents, Western Forms continues to lead the industry in innovation. Prompt delivery of Western products are available through a well established network of nationaldistributors. In affiliation with Structura Technologies, LLC, Western embraces concrete contractors and builders by providing engineered-to-order forming systems coupled with extensive ongoing technical services.

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