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United Glass International Aluminum

Press Release United Glass Systems Forms a Joint Venture with International Dominican Aluminum. The joint venture is a ‘value-add’ vertical integration of windows manufacture and installation. Miami, FL, August 23, 2016: Pennoyer Partners announces the formation of United Glass International Aluminum (“UGIA”), a joint venture between United Glass Systems ("UGS") (unitedglasssystems.com), and International Dominican Aluminum (“IDA,” and collectively the “Joint Venture”). Pennoyer Partners serves as an Adviser to UGIA. The UGIA joint venture vertically integrates the commercial design, fabrication and installation of architectural glass, window, curtain-wall, storefronts, railings and aluminum panels. The joint venture therefore provides a fully-integrated offering of bespoke products and services to building developers and contractors as a one-stop shop for design/engineering, manufacture and installation of the building envelope. UGIA is a producer of proprietary aluminum extrusion manufacture, which enables custom systems and UGIA proprietary products, along with high-capacity painting lines. UGIA owns state-of-the -art manufacturing facilities and is in the process of increasing production capability by twenty percent. The company’s efficient manufacture infrastructure is highly competitive. The combined attributes of the joint venture result in what amounts to a high value add to the developer: high capacity, premium quality and competitive pricing. “Our respective organizations are a hand in glove match to complement the other’s strengths. United has had a deep thirty-five year experience as a glazer contractor with strong long-term relationships in the developer community including a close relationships with premium developers. We had been in consideration to develop dedicated manufacturing for some time. IDA came along, and has had an enduring reputation as a best-of-breed manufacturer. IDA wanted a committed path to distribution in partnership with a glazer contractor with a strong track record of performance. It could not have been a better fit.” says Mark Leonard, UGIA CEO. Pennoyer is a North American business development partner for Millet Industria de Vidrio (“Millet”), an architectural glass and curtain wall fabricator. Millet fabricates glass in the Yucatan Peninsula. Offer value engineering, design-assist, as well as a deep experience and advisory in local regulations. About United Glass Systems, Inc. United Glass Systems is a leading global contractor with over 35 years of experience, specializing in the design, engineering, manufacturing and marketing of Curtain Wall, Window Wall Systems, Glass Curtain Wall systems. Since the Company’s inception, the value proposition has consistently been to combine premium materials, quality craftsmanship and industry experience to produce exceptional results. As a Company, UGS has emphasized – from the executive suite to the construction site – the development of successful and lasting relationships with its clients, based upon old-school values, and new-school competencies. The Company emphasizes the principles of honesty, loyalty and integrity. Over the past three decades, the Company has successfully completed thousands of projects and has earned the respect and recognition from the best-of-breed construction-industry leaders. About International Dominican Aluminum International Dominican Aluminum is the largest Aluminum extruder in the Caribbean with an annual production of 16 million pounds of extruded aluminum per annum. IDA personnel have extensive experience in the aluminum extrusion business: the facility covers an area of 22,500 square meters and has 200 employees, located in the city of Santo Domingo, the capital of the Dominican Republic. IDA has two production lines -- with a third on the way -- with extrusion presses and powder paint lines of the best quality in the market. IDA has manufactured aluminum extrusions for several global multinationals including Air Master (HVAC systems) and Procter and Gamble. IDA had been seeking a best-of-breed partner to install and distribute products throughout North America. Therefore, the company can create custom systems unlimited in configuration or complexity. The factories employ state-of-the-art fabrication equipment, and the Company ships product all over the world. About Millet Industria de Vidrio Millet Industria de Vidrio is an architectural glass fabricator located in Merida, Yucatan Mexico. Millet is noted in the industry for its bespoke solutions to innovative architectural glass designs, challenging building projects and low lead times given its dedicated manufacture. Clients particularly appreciate Millet’s track record of meeting demanding project schedules. In 2015, Millet expanded its facilities in Central Europe to include 450,000 square meters of production capacity per year.