It is nice to have a going concern that appears to be doing well in all of its business dealings. Sometimes, however, the old phrase “I’d rather be lucky than good” crops up. A company is merrily going about its business and something big happens; that same company happens to be right there with help. In some instances, the “big” thing can be positive while at other times it can be negative. If, however, a company happens to be available and nearby at the time, it can help out with the situation and profit at the same time.
International Building Technologies Group Inc., a flat panel wall manufacturer, works to offer a wide variety of flat panels to the construction industry. The company’s panels take many forms; serving markets as diverse as residential home wall panels and industrial applications. The company is truly international as evidenced by several moves being made in China.
The company’s flat panel walls can be simple or detailed. Currently, the company has found solid acceptance of its products in China, where it is underway with a 59,000 sq. /ft. installation at Jilin University. In this respect, the company’s unfortunately good timing has placed it in a position to make recommendations regarding rebuilding in earthquake damage zones. Putting the humanitarian aspect aside for one moment, this could have far-reaching impacts for the company even as it continues to report solid results.
Although the US construction market is essentially quiet for the moment, the company has been able to capitalize on its diverse product line and international customer base. Since its products can be used in almost any region of the world, International Building Technologies Group appears to be on sound footing and moving forward. If its recent approvals, from the Chinese government -to purchase a smaller panel company – are any indication, the company appears ready to capitalize on the Chinese market and the rewards that doing so may bring.
Let us hear your thoughts below: