Lowe's, Johns Manville Announce Exclusive Agreement on Insulation
10/06/2009
MOORESVILLE, NC -- Lowe's Companies, Inc. and Johns Manville (JM), announced an exclusive, multi-year agreement by which Johns Manville will provide innovative insulation products for home and business as an exclusive supplier to Lowe's.
"At a time when energy awareness and healthy home are top of mind, Johns Manville is the market leader in providing insulation products that can improve air quality and are easier to use for consumers," said Nick Canter, Lowe's executive vice president of merchandising. "Through this new, multi-year agreement, we will enhance a very productive relationship that has already benefited Lowe's customers for well over a decade."
"Johns Manville is proud to be named Lowe's exclusive fiber glass building insulation supplier," said Todd Raba, CEO of Johns Manville. "We have a 150-year history of innovation, and this multi-year agreement reinforces Lowe's commitment to delivering industry-leading products to the home improvement market."
Johns Manville is the only company to offer a full line of Formaldehyde-free fiber glass building insulation, which can provide improved indoor air quality and is environmentally friendly because it contains more certified post-consumer recycled glass than other fiber glass insulation. The company's ComfortTherm® insulation is wrapped in plastic for more comfortable installation with less itch and dust, and its Mold-Resistant® Faced insulation makes JM the preferred choice for damp climates and environments. Additionally, JM offers EasyFit®, a vertically perforated batt that increases ease of installation, eliminating the need to cut insulation to fit tight spaces.
"Adding fiber glass insulation is one of the best ways homeowners can reduce home heating and cooling costs and conserve energy," said Mike Lawrence, vice president and general manager for JM's Insulation Systems business. "Lowe's was named the 2009 Energy Star Retail Partner of the Year by the U.S. Environmental Protection Agency and the U.S. Department of Energy, which reinforces why they are an ideal partner."
While Lowe's already offers Johns Manville insulation products in nearly 600 stores, the company expects the full line of innovative products to be available in all Lowe's stores over the next several months.