Barrier Technology

04 January 2008

There is a glimmer of light in Minnesota...and the national Multifamily Market?

The BATC (Builders Association of the Twin Cities) released their new year housing outlook. "We are in an industry that fluctuates through cycles," says 2007 BATC President Michael Noonan. "As we enter 2008, it is likely that we are nearing the end of trending downward. With standing inventory drawn down, stable interest rates, and minimal new activity, the new home market should be in a position that is leveling-off from correction."

In addition, the NAHB (National Association of Home Builders) released forecast data for the Multifamily Housing Sector. They are predicting a gain in Multifamily Housing starts of roughly 75 million throughout 2008.

Barrier believes the residential roof deck market is already slowly but steadily improving. We don't believe it will be as dramatic of an upswing as it was a downswing, however; we are bullish about 2008.Fire-rated sheathing, town homes, multi-family construction, housing market, small cap, otcbb, ibtgf, barrier, blazeguard, mycoguard, fire-rated paint, intumescent paint, mold, mildew, fire-retardant plywood, frt, sips, structurally insulative panels, fire-rated wall assemblies, commercial modular, modular home construction, green building products, LEED, control room, electrical panel backer board

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Location: Watkins, Minnesota, United States

Barrier develops, manufactures, and markets proprietary fire resistant building materials designed to help protect people and property from the destruction of fire. Barrier's award-winning BlazeguardĀ® structural wood panels exceed International Building Code requirements in every targeted fire test and application. BlazeguardĀ® is coated with Barrier's patented, non-toxic, non-combustible Pyrotite formulation, which releases water when exposed to the heat of fire.