FOR IMMEDIATE RELEASE:
New Name Helps to Reflect the Corporations Global Strength
Anaheim, CA — December 29, 2009 - ParexLahabra, Inc. the parent company of leading building material brands; Parex, LaHabra, El Rey Stucco, Teifs and Merkrete today announced it would change its name to Parex USA, Inc. effective January 1, 2010.
"ParexLahabra is a leader in each of the three product families we focus on," said Rodrigo Lacerda, President and CEO of Parex USA, Inc. "The name change to Parex USA reflects our global strength as a subsidiary of the ParexGroup, one of the world's leading manufacturers of specialty chemicals and ready-to-use mortars for the construction industry. We are confident that customers will see that they can rely on the stability of a large corporation while enjoying the service and relationship of a local company they can trust. This is the heart and soul of Parex USA!"
With over 175 years of combined industry experience, Parex USA boasts a rich history built on hard work, knowledge, commitment and loyalty.
Today, Parex USA is one of North America's most respected suppliers of building materials. Their dynamic offering of leading brands have been created to support the building industry with exceptional product development and the highest standard of service in the industry, Parex USA is committed to exceeding customer expectations and the demands of an ever changing industry.
Parex USA's global network provides unlimited access to innovation and industry trends around the world. They are driven by three distinct business groups:
As Parex USA moves into the future their focus will be on state-of-the-art technology, innovation and unsurpassed customer service.
Parex USA, Inc., a California Corporation, is the parent company to brands that offer a wide range of innovative façade and flooring solutions. Its brands include Parex, LaHabra Stucco, Merkrete, Teifs, El Rey Stucco, Merlex Stucco, Variance Finishes, and Vero-Rialto. It is a subsidiary of the ParexGroup, S.A., one of the world's leading manufacturers of specialty solutions for the construction industry. ParexGroup spans 22 countries, employing 4,000 professionals across 66 manufacturing facilities and 9 R&D centers. To learn more about Parex USA, Inc., please visit www.parexusa.com.
- END -