gwp global warming solstice lba lapolla

Create and Conserve: The Next Step in Homes that Are Smart About Energy

by Doug Kramer, CEO of Lapolla Industries

This article was originally written for ProudGreenHome.com, which you can view here.


The residential building sector has made incredible progress in sustainable building practices. The eco-friendly concepts and technologies that ten years ago were novel, untested and prohibitively expensive, have been widely utilized, refined, and made more affordable. While sustainable technologies continue to advance and grow in use, the earth-friendly home has moved swiftly from a unique idea to commonly built, and that’s a good thing for all of us.

Some aspects of eco-friendly building have garnered significantly more attention than others. For example, renewable energy generation, such as the use of solar power in homes, is growing in implementation and is widely talked about.

This spotlight on energy generation is indisputably important. The installation of the technology on new residential developments is becoming more commonplace, empowering more and more homeowners in multiple ways. It allows them to harness the sun to power their homes, to utilize solar power saved during times when the power grid is disrupted, to unlock long-term energy savings and, of course, to benefit the earth by reducing fossil fuel use for electricity and the pollution that results from it.

Even so, there are other important aspects of home sustainability that remain unleveraged. For example, in our hyper focus on energy creation many of us have overlooked the importance of its counterpart – energy conservation. The hard truth is that no matter how far we come in clean energy generation, it won’t mean much for homeowners and the greater community in the long run without the capture of that energy. What many don’t realize is that the creation and saving of energy must go hand-in-hand to really make a noteworthy difference. This all starts with the homes we build now for the future.

Battery technology is one way to save solar energy for use later on – such as in the case of a power outage – and this technology has seen some significant recent improvements. We also need to think about the building envelope itself. This is where we can leverage high performance materials to effectively seal the structure, preventing the loss of conditioned air and conserve the energy we utilize.

It has been said that the cleanest and cheapest kilowatt hour is the kilowatt hour saved. In fact, the return on investment associated with energy conservation to the homeowner is monumental, with up to 50% in energy savings now achievable over the life of the home. The financial benefits of energy conservation clearly line up with the environmental benefits and make a significant cost savings case for it.

As builders, architects, manufacturers and homebuilding stewards, we can work to better educate buyers on the importance of energy conservation in the home. So many consumers are aware of the benefits of solar power systems, but do they also understand the equal need for proper insulation as a means for conserving the energy generated by the solar system? There is a huge disparity today in the average consumer’s knowledge and understanding of how these two technologies work together to make a real impact on the earth and drive long-term energy savings in a household.

We also need to encourage our policy makers to focus more on incentives for energy efficient homes. The United Kingdom provides a great example of leadership in this arena by offering significant government incentives to help consumers pay for quality insulation and reap energy savings in their homes. In contrast, the U.S. has predominantly supported incentives for the generation of solar and other power sources. Again, these are highly important, but they do not provide a complete energy solution.

And finally, no matter what our political climate, we as an industry must continue to push the needle forward in responsible, energy efficient building practices. We have the power to shape the future of homebuilding and the health of our planet. Conservation is a complementary solution to energy generation and one that deserves an equal spotlight, as well as an emphasis in the homes we build now and in the future.

FL-400 Spray Foam Insulation Background

Lapolla introduces new spray PU foam for insulation applications

Lapolla Industries, Inc. announced the launch of the new and improved Foam-LOK 500 spray polyurethane foam insulation. According to the company, the open-cell insulation is a high performance product designed to seal the building envelope and greatly enhance energy conservation and energy savings in the structure. Ideal for application in residential and commercial buildings of all types, Foam-LOK 500 is low density and provides high-yield benefits.

Foam-LOK 500 is a spray applied product designed to seal the building envelope and enhance energy savings in the structure. (Source: Lapolla)

Foam-LOK 500 is a spray applied product designed to seal the building envelope and enhance energy savings in the structure. (Source: Lapolla)

“Foam-LOK 500 is an insulation solution which provides homeowners and building owners up to 50 % energy cost savings over the life of the structure,” said Doug Kramer, president and CEO of Lapolla Industries.

Foam-LOK 500 is ideal for a variety of building envelope applications including use in walls, floors, ceilings (including vaulted and cathedral style) and attics, says the company. The material works by forming a completely sealed air barrier in wall cavities and can be utilised to fill 2” x 6” stud wall construction in a single application. Foam-LOK 500 adheres tenaciously to most building materials and framing members and provides exceptional performance in the reduction of heat transfer.

The improved insulation has passed the AC 377 End Use Configuration Criteria and meets the building code requirements for use with no additional ignition barrier required.

Additional benefits of Foam-LOK 500 spray polyurethane foam insulation are substantial and include noise attenuation and significant reduction in unmanaged moisture. Additionally, the product’s ability to superbly seal the envelope improves indoor air quality while reducing temperature fluctuations and the presence of hot and cold pockets inside, greatly enhancing the indoor comfort of inhabitants.

Foam-LOK 500 is a spray applied product with no mixing requirements. The insulation material is a water-blown technology with non-emissive catalysts in an added benefit to the environment.

“The benefits of Foam-LOK 500 to contractors, builders, homeowners and building owners are far reaching,” added Kramer. “This improved insulation not only provides indoor comfort, but is earth-friendly in so many ways. It’s a great addition to Lapolla’s family of products.”

www.lapolla.com

Lapolla Industries, Inc. is a global supplier and manufacturer of spray polyurethane foam for insulation and roofing applications, reflective roof coatings and equipment. Based in Houston, TX, USA, the company’s building envelope and roofing product solutions are designed to reduce energy consumption in the built environment, across the residential, commercial and industrial sectors, in both new construction and retrofits.

Lapolla Industries Introduces New and Improved FOAM-LOK 500 Spray Polyurethane Foam

Lapolla Industries Introduces New and Improved FOAM-LOK 500 Spray Polyurethane Foam for Insulation Applications High Yield Insulation is a Non-Ignition Barrier Spray Foam

Houston, TX (May 2, 2017) – Lapolla Industries, Inc. (OTCQX: LPAD), the global supplier and manufacturer of high performance, energy efficient building products, today announced the new and improved FOAM-LOKÒ 500 Spray Polyurethane Foam Insulation. The open-cell insulation is a high performance product designed to seal the building envelope and greatly enhance energy conservation and energy savings in the structure. Ideal for application in residential and commercial buildings of all types, FOAM-LOK 500 is low density and provides high-yield benefits.

“FOAM-LOK 500 is an insulation solution which provides homeowners and building owners up to 50% energy cost savings over the life of the structure,” said Doug Kramer, president and CEO of Lapolla Industries.”

FOAM-LOK 500 is ideal for a variety of building envelope applications including use in walls, floors, ceilings (including vaulted and cathedral style) and attics. The material works by forming a completely sealed air barrier in wall cavities and can be utilized to fill 2” x 6” stud wall construction in a single application. FOAM-LOK 500 adheres tenaciously to most building materials and framing members and provides exceptional performance in the reduction of heat transfer.

The improved insulation has passed the AC 377 End Use Configuration Criteria and meets the building code requirements for use with no additional ignition barrier required.

Additional benefits of FOAM-LOK 500 Spray Polyurethane Foam Insulation are substantial and include noise attenuation and significant reduction in unmanaged moisture. Additionally, the product’s ability to superbly seal the envelope improves indoor air quality while reducing temperature fluctuations and the presence of hot and cold pockets inside, greatly enhancing the indoor comfort of inhabitants.

FOAM-LOK 500 is a spray applied product with no mixing requirements. The insulation material is a water-blown technology with non-emissive catalysts in an added benefit to the environment.

“The benefits of FOAM-LOK 500 to contractors, builders, homeowners and building owners are far reaching,” added Kramer. “This improved insulation not only provides indoor comfort, but is earth-friendly in so many ways. It’s a great addition to Lapolla’s family of products.”

About Lapolla Industries, Inc.

Lapolla Industries, Inc. (OTCQX: LPAD) is a global supplier and manufacturer of spray polyurethane foam for insulation and roofing applications, reflective roof coatings and equipment. Based in Houston, Texas, the company’s building envelope and roofing product solutions are designed to reduce energy consumption in the built environment, across the residential, commercial and industrial sectors, in both new construction and retrofits. Visit Lapolla Industries at www.lapolla.com.

Lapolla Industries Introduces All-New FOAM-LOK 400 Ultra High Yield Energy

Lapolla Industries Introduces All-New FOAM-LOK 400 Ultra High Yield Energy Efficient Spray Polyurethane Foam Insulation

Leading Builder Meritage Homes Approves Use of Lapolla FOAM-LOK 400 and FOAMLOK
500 Insulations in its Sustainable Homes Nationwide

Houston, TX (June 6, 2017) – Lapolla Industries, Inc. (OTCQX: LPAD), a global supplier and manufacturer of high performance, energy efficient building products, today introduced its all-new FOAM-LOK 400 Spray Polyurethane Foam Insulation. An opencell solution for homes and commercial structures, the high-performance material is notable for providing ultra-high yield and enhanced energy efficiency, passing benefits to builders, contractors and inhabitants. Lapolla’s FOAM-LOK 400 and FOAM-LOK 500, another recently introduced open-cell insulation, have both been approved for use in the construction of Meritage Home’s new communities nationwide and will be on display at PCBC in Lapolla Industries’ booth #940.

FOAM-LOK 400 is a great insulation for use in attics, cavity walls and other critical insulation areas. The professionally-installed spray applied material seals the structure, providing a continuous air barrier, offering exceptional performance in the reduction of heat transfer. These performance characteristics work to maintain indoor comfort and temperature, greatly reducing heating and cooling demands and the ongoing costs associated with them.

The exceptional yield achieved with FOAM-LOK 400 is meaningful in that it passes cost savings to builders, contractors and consumers. Additionally, Lapolla believes that the material outperforms fiberglass and blown-in insulation options and comes close to being cost competitive with traditional insulations, while potentially offering a return on investment.

“The noteworthy yield, energy efficiency and cost advantages of FOAM-LOK 400 are significant attractions for both builders and contractors,” said Doug Kramer, president and CEO of Lapolla Industries. “With FOAM-LOK 400’s potential to surpass the performance of competing products at a competitive price, we believe demand for this insulation will be high for use in new and retrofit home and commercial applications.” FOAM-LOK 400, like the recently introduced FOAM-LOK 500, firmly adheres to framing members and substrates and can be used to fill stud wall construction in a single application. Additionally, it has also passed the AC 377 End Use Configuration Criteria and meets building code requirements for use with no additional ignition barrier required.

Both FOAM-LOK 400 and FOAM-LOK 500 have now been approved by leading national builder Meritage Homes for use in the construction of its new homes. Meritage Homes is an active builder in key U.S. markets including Arizona, California, Colorado, Florida, Georgia, North Carolina, South Carolina, Tennessee and Texas. “Meritage Homes is widely recognized as a sustainability ambassador, leading the industry in cutting edge and eco-friendly building practices” added Kramer. “This endorsement of our two new insulation products is a coup for us as it reinforces our corporate mission of delivering quality building products that enhance energy conservation and sustainability in the envelope.”

Additional benefits of FOAM-LOK 400 and FOAM-LOK 500 include noise attenuation and significant reduction in unmanaged moisture. Each insulation option also benefits contractors with no mixing requirements.

Lapolla Industries will showcase the FOAM-LOK 400 and FOAM-LOK 500 open cell insulation products at the upcoming PCBC event on June 28 and 29 in the company’s booth #940 in the exhibit hall.

About Lapolla Industries, Inc.

Lapolla Industries, Inc. (OTCQX: LPAD) is a global supplier and manufacturer of spray polyurethane foam for insulation and roofing applications, reflective roof coatings and equipment. Based in Houston, Texas, the company’s building envelope and roofing product solutions are designed to reduce energy consumption in the built environment, across the residential, commercial and industrial sectors, in both new construction and retrofits. Visit Lapolla Industries at www.lapolla.com.

Lapolla Receives GSA Approval for Building Envelope Products

Lapolla Industries Inc.(link is external) announced that its core building envelope products have been approved by the U.S. General Services Administration for inclusion in GSA Advantage(link is external). The program provides contractors with access to government-approved high-performance products for use in the construction of government buildings of all types, both domestically and abroad.

Image result for lapolla spray foam“We are extremely pleased to be able to widen access to our sustainable building products for government facilities,” said Doug Kramer, President and CEO of Lapolla Industries. “We look forward to growing our participation in this vital and expansive sector of the construction industry.”

As part of the prestigious GSA approval, numerous products of Lapolla’s core building envelope materials line are now available for purchase through GSA Advantage. These include Lapolla’s stand-out spray polyurethane products: FOAM-LOK 2000-4G, the next-generation closed-cell spray polyurethane foam insulation system, the first product of its kind globally to protect the ozone and reduce global warming impacts; FOAM-LOK 500, a new and improved open-cell spray polyurethane foam system offering high yield benefits to contractors; and FOAM-LOK 2800-4G, a rigid closed-cell spray polyurethane foam roofing system that may be applied over most new or retrofit roofing substrates and that, like FOAM-LOK 2000-4G, protects the ozone and reduces global warming impacts.

Additional Lapolla products which have been GSA approved include: RCS 5001, a powerful restoration coating system utilized to protect and extend the life of a roof; and cutting-edge equipment facilitating proper and efficient installation of Lapolla’s products.

“All of Lapolla’s products are designed for durability, and to enhance the performance and energy efficiency of structures,” added Kramer. “With this GSA approval, more and more people will be able to reap the benefits Lapolla products provide, with one of the key ones being significant energy cost savings.”

Lapolla Launches Another Ultra High Yield Spray Foam

Lapolla Industries, Inc., a global supplier and manufacturer of high performance, energy efficient building products, today introduced its all-new FOAM-LOK 400 Spray Polyurethane Foam Insulation. An open-cell solution for homes and commercial structures, the high-performance material is notable for providing ultra-high yield and enhanced energy efficiency, passing benefits to builders, contractors and inhabitants. Lapolla’s FOAM-LOK 400 and FOAM-LOK 500, another recently introduced open-cell insulation, have both been approved for use in the construction of Meritage Home’s new communities nationwide and will be on display at PCBC in Lapolla Industries’ booth #940.

Lapolla Industries Introduces All-New FOAM-LOK 400 Ultra High-Yield, Energy-Efficient Spray Polyurethane Foam InsulationFOAM-LOK 400 is a great insulation for use in attics, cavity walls and other critical insulation areas. The professionally-installed spray applied material seals the structure, providing a continuous air barrier, offering exceptional performance in the reduction of heat transfer. These performance characteristics work to maintain indoor comfort and temperature, greatly reducing heating and cooling demands and the ongoing costs associated with them.

The exceptional yield achieved with FOAM-LOK 400 is meaningful in that it passes cost savings to builders, contractors and consumers. Additionally, Lapolla believes that the material outperforms fiberglass and blown-in insulation options and comes close to being cost competitive with traditional insulations, while potentially offering a return on investment.

“The noteworthy yield, energy efficiency and cost advantages of FOAM-LOK 400 are significant attractions for both builders and contractors,” said Doug Kramer, president and CEO of Lapolla Industries. “With FOAM-LOK 400’s potential to surpass the performance of competing products at a competitive price, we believe demand for this insulation will be high for use in new and retrofit home and commercial applications.”

FOAM-LOK 400, like the recently introduced FOAM-LOK 500, firmly adheres to framing members and substrates and can be used to fill stud wall construction in a single application. Additionally, it has also passed the AC 377 End Use Configuration Criteria and meets building code requirements for use with no additional ignition barrier required.

Thinking About Going Global?

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Thinking About Going Global?
CONSIDER THESE FOUR THINGS BEFORE YOU DECIDE
By Doug Kramer

International markets represent a wealth of opportunity for Texas businesses looking to expand revenue
streams. However, growing the footprint of a business outside of the United States comes with serious
challenges. Fortunately, whether an organization provides goods or services to its customers, many of
the considerations for going global will be the same. These four keys form the necessary baseline for
planning an expansion beyond U.S. soil.

Global Demand
Before pursuing markets outside of the U.S., it is important to understand current demand for products or
services intended for export, and to identify growth potential. This potential may be based on (or limited
by) a number of elements such as pricing, technology, innovation, competition, population and the
maturity and general acceptance of the product or service to be provided in the global market. These
analyses may be available through industry organizations and other market research firms, but it is likely
best to seek answers from known and knowledgeable industry contacts with experience in the markets of
interest.

Competitiveness
It is essential to identify the organization’s potential to be competitive in international markets where
demand exists. Remember, demand alone does not represent opportunity. There are other important
variables that must align with demand for a global expansion to make sense. For example, one
consideration specific to goods-based businesses is the amount of freight and import duties assigned in
the target expansion regions. It’s imperative to understand the impact of these duties and their influence
on the cost structure of the company’s sales model.

Evaluating the true impact of duties and other costs requires a number of examinations, including the
feasibility of the business model to turn profit in markets where demand exists, the ability of the
organization to compete against alternative providers in those same markets and the likelihood of the
business to accrue market share.

Reliable, Local Partnerships
After global demand and competitive potential, a local partner should be the next key consideration. The
benefits of a partner with boots on the ground include an increased likelihood of buy-in from foreign
customers, inside cultural knowledge and minimization of the inherent risk of conducting business outside
the organization and its personnel’s home region.

Despite all its benefits, local partnership still brings another party to the table, which means it’s imperative
to find a trustworthy partner with whom to build a strong relationship. When vetting potential partners,
make sure they are not only experts in the industry and members of the regional business community, but
that they are respected business people. The right partner should speak the local language and possess a
deep level of cultural and customary knowledge — specifically pertaining to business. This cultural
knowledge will prove essential for the organization in all negotiations, contracts and business
development initiatives.

The right partner should also be able to provide access to channels in the market and represent the
company’s values and brand in the local region — all while maintaining the reputation of a true “local”
among potential clients and customers.

Don’t leave the partner relationship to chance. Invest in training partners to ensure they fully understand
the brand, corporate values and growth goals. In much the same way a local partner learns from training,
company leadership should invest in learning as much from its local partner as possible.

Marketing 101: One Size Does Not Fit All
As all marketers know, one size doesn’t fit all, and adapting the company’s marketing strategy for
international audiences is another primary consideration for taking a business global. As a domestic
marketing strategy must align with its intended target audience, so must an international marketing
campaign.

First, make sure all marketing is culturally appropriate, utilizing the local language, dialect and
nomenclatures, and ensuring the messages both incorporate and address regional expectations for the
industry. Employ imagery and graphics that speak to the local culture and belief system, and pay
attention to the smallest detail. For example, even measurements, which may seem like minutiae, should
be presented in the local measurement system. And finally, use the local marketing channels, which will
likely differ from the ones the company’s domestic audience uses. Just like at home, it’s important to
identify the correct channels — otherwise, even the most perfect marketing will go unseen.

Does Everything Align? Go for It.
If all of these considerations align — global demand and regional competitiveness are established, a
trustworthy and well-respected regional partner can be identified, and there is a firm grasp on culturally
appropriate international marketing across the right channels — the baseline essentials for a successful
global expansion have been established. In addition to eliminating unnecessary risk, this foundation will
provide a path to additional avenues for increasing profitability, competitiveness, market share and the
rewards of a global business.

Doug Kramer is President and CEO of Houston-based Lapolla Industries, a spray foam and coatings manufacturer. In 2010, he led the global expansion of the company and Lapolla’s products are now distributed in over 40 countries.

Lapolla Industries Supports Amendment to Montreal Protocol

Lapolla Industries Supports Amendment to Montreal Protocol, Joins Hundreds of National and International Companies, Organizations and Governments Calling for Hydrofluorocarbon (HFC) Phasedown Designed to Deliver on Climate Goals Set Forth by Paris Agreement

If Passed the Amendment Will Reduce Climate Warming Up to 0.5°C by Century’s End

 

Houston, TX (September 22, 2016) – Lapolla Industries, Inc. (OTCQX: LPAD), a manufacturer and global supplier of high performance, energy efficient building products, today announced the company’s support of an ambitious amendment to the 1989 Montreal Protocol on Substances that Deplete the Ozone Layer. Joining forces with more than 500 national and international companies and organizations, as well as hundreds of sub-national governments, the company is calling for world leaders to pass the Montreal Protocol hydrofluorocarbon (HFC) phase down amendment, which will be voted on in October during a meeting in Kigali, Rwanda amongst signatories to the original Montreal Protocol.

“The significance of getting this amendment passed lies in its ability to help deliver on the goals set forth by the December 2015 Paris Agreement,” said Doug Kramer, President and CEO of Lapolla Industries. “In essence, the amendment will allow us to further reduce the use of HFCs and, in doing so, avoid up to 0.5°C of global climate warming by the end of the century. The importance of this to the health of the global environment, economy and our nation cannot be overstated.”

If world leaders adopt the amendment, it will enact an early first reduction step in HFC use for Article 2 countries and a freeze date for Article 5 countries. The amendment represents global action toward reducing the use and emissions of high-global-warming potential HFCs as well as a transition over time to more sustainable alternatives that enhance energy efficiency.

Lapolla Industries is a Houston, Texas-based manufacturer and global supplier of building products including high performance spray polyurethane foam for insulation and roofing applications, reflective roof coatings and equipment. In 2014, Lapolla Industries became the first in the global spray polyurethane foam sector to eliminate ozone depletion potential (ODP) and reduce global warming potential (GWP) in its product line. The company accomplished these initiatives through an aggressive re-engineering of its product chemistry.

Development of Lapolla’s product line innovation commenced approximately four years ago. CEO Doug Kramer was subsequently invited to participate in the prestigious President’s Climate Action Plan roundtable at the White House alongside the Environmental Protection Agency (EPA) and some of the nation’s most recognized business leaders.

“Lapolla’s foremost commitment across all of its products is maximizing energy conservation in the building environment,” added Kramer. “While our products already ranked high in energy efficiency benefits, we pushed to deliver a next generation spray foam line that protected the ozone and the climate as well. This effort has fared well for both the environment as well as for our business.”

In addition to the proven environmental benefits, the innovation in Lapolla Industries’ fourth generation spray polyurethane foam product line produces additional product yield, resulting in lower installation cost and greater ROI and savings to the consumer.

Lapolla’s fourth generation spray polyurethane foam products include: FOAM-LOK™ 2000-4G Spray Foam Insulation, FOAM-LOK™, and FOAM-LOK™ 2800-4G Spray Foam for Roofing and all other closed cell spray foam systems. While applications for each vary, all provide standout performance in energy efficiency by reducing the energy consumption of a home or commercial building up to 45 percent.

“Not only are we protecting the ozone and climate, but our next generation spray foam line also reduces fossil fuel use for heating and cooling,” said Kramer. “This is a major win-win all around.”

White House Press Release 

About Lapolla Industries, Inc.

Lapolla Industries, Inc. (OTCQX: LPAD) is a global supplier and manufacturer of spray polyurethane foam for insulation and roofing applications, reflective roof coatings and equipment. Based in Houston, Texas, the company’s building envelope and roofing product solutions are designed to reduce energy consumption in the building environment, across the residential, commercial and industrial sectors, in both new construction and retrofits. Visit Lapolla Industries at www.lapolla.com.

Forward Looking Statements

Statements made in this press release that are not historical facts constitute “forward-looking statements” pursuant to Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and Private Securities Litigation Reform Act of 1995. Any such forward-looking statements should be considered in context with various disclosures made by Company about its business. All information as of date hereof. Company undertakes no duty to update any forward-looking statement.

 

Investor Relations Contact:

Michael T. Adams, EVP

Tel: (281) 219-4700

Email: info@lapolla.com

Lapolla Industries Closes on New Line of Credit

Lapolla Industries Closes on New Line of Credit
New Facility and Reduction of Debt Provides Substantial Savings

Houston, TX, September 12, 2016 – Lapolla Industries, Inc. (“Lapolla” or the “Company”) (OTCQX: LPAD), a Houston-based global supplier and manufacturer of spray polyurethane foam insulation, roofing foam, reflective roof coatings, and equipment for their application, announced today that by significantly reducing outstanding debt and obtaining a $15 million line of credit with Bank of America, N.A. on September 7, 2016, the Company will be able to reduce interest expense by 78%.

Douglas J. Kramer, CEO and President of Lapolla stated, “During the first half of 2016, we reduced our debt by $5.9 million, reducing interest by $373,000 on an annual basis. We have also amended our Loan and Security Agreement with Bank of America which now provides the Company with a $15 million line of credit that has a substantially lower interest rate and very favorable terms. This allowed us to pay off our higher interest Term Notes, which reduced our average cost of capital from 9.7% to 3.0%, resulting in further interest savings of $583,000 on an annual basis. The overall interest savings will be $936,000 on an annual basis.”

“This is a significant milestone for Lapolla and is the direct result of our corporate commitment to success and financial diligence. The reduction of debt and lower cost of capital will provide significant value to Lapolla and our shareholders while supporting our continued growth. We have been extremely fortunate to have had Enhanced Capital and Bank of America as our partners over the years and we are very appreciative of their support.” concluded Mr. Kramer.

Lapolla’s Chief Financial Officer, Jomarc C. Marukot added, “The Agreement with Bank of America provides the Company with greater flexibility and significantly reduces interest expense, this will have a positive impact on cash flow and increase net income, further strengthening the Company’s balance sheet.”

About Lapolla Industries, Inc.

Lapolla Industries, Inc. is a global supplier and manufacturer of spray polyurethane foam insulation, roofing foam, reflective roof coatings, and equipment for their application designed to reduce energy consumption in the residential, industrial and commercial markets for both new construction and retrofit applications. More information is available at www.lapolla.com.

Forward Looking Statements

Certain statements in this press release that are forward-looking and not statements of historical fact are forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identifiable by the use of words like “may,” “will,” “should,” “could,” “expect,” “anticipate,” “estimate,” “believe,” “intend,” or “project” or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties outside of our control that can make such statements untrue. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (SEC), including the Company’s Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q. Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

Investor Relations:
Michael T. Adams, EVP
Phone: 281-219-4700
Email: info@lapolla.com

The Unintended Results of Doing the Right Thing

by Doug Kramer, President & CEO for Entrepreneur Magazine

Click here to view the article in Entrepreneur Magazine

Typically, a company’s success is commonly measured by financial indicators, such as growth in revenue, market share and profitability. But what happens when you apply a different standard of measurement to the success of your company?

Environmental responsibility is one such standard that some organizations are now striving to achieve. Rather than measure success in financial terms, environmental responsibility assesses whether a company is doing the right thing for the community and environment.

So another question to ask is: Can doing the right thing create potential business opportunities? And can these opportunities – in addition to financial measurements — be another indicator of organizational success?

Companies are often driven by, and toward, financial results. But environmental responsibility is often associated with higher costs.

Because of that, many companies do not view sustainability practices as a measurement of success, which makes it uncommon for companies to do the right thing for the environment. There usually needs to be an expectation that the environmental effort will also benefit the business in some way.

When our team began to consider making environmentally positive changes to its product line, we believed there would be a benefit to our business.

In a previous post, I mentioned that we expected our environmental stewardship to positively influence our bottom line, as we had conducted a lot of research and identified ways to achieve both savings and greater product yield through this innovation.

These assumptions proved to be correct. But what our team did not presume was that there would be additional positive results beyond those directly affecting the environment and our bottom line. We’ve been pleasantly surprised.

First and foremost, environmental stewardship has the power to showcase the organization as a true leader. If you are the first in your industry to uniquely employ sustainability measures, that effort will be recognized by your clients and industry.

Depending on how you are driving that stewardship, you may also showcase innovation of other kinds via technology advancements, efficiencies and new ideas. And you may be able to achieve and drive additional product or service enhancements through your environmental stewardship efforts.

Driving sustainability practices within your company may lead to something else you haven’t even thought of – improved employee morale. When workers know that their company is influencing positive change in the world, they tend to feel good about working for that organization. In essence, they are proud to be part of it. This in turn will likely lead to increased loyalty, good word-of-mouth referrals, PR and even improved performance.

In addition to the positive influence on your company and its team members, you may also be able to forge a path within your industry. This can showcase your organization as the catalyst for positive change industry-wide, garnering improved recognition for the company and even attracting new talent, who want to be part of the movement you’ve started.

When you decide as an organization to employ sustainability measures, it also puts you in the unique position to stay ahead of regulators and to be a model of inspiration to them, rather than a subject that needs to be policed. As such, you become an example of what to do, rather than what not to do, spotlighting the organization as one that is both progressive and responsible.

In 2014, in parallel with our commitment to re-engineer the chemistry of our product line to eliminate ozone depletion potential and reduce global warming impacts, we were invited to participate in the President’s Climate Action Plan Executive Roundtable at the White House alongside both the U.S. Environmental Protection Agency (EPA), Department of Energy and a short list of CEOs from some of the country’s most recognized companies.

The goal of the roundtable was to lead the discussion toward real actions that would “green” American made products in an effort to protect the climate.

Our invitation to participate in this prestigious discussion was a catalyst that allowed us to help drive environmental change in both its industry and the business community at-large, prior to regulations being instated which would force those changes upon us. In essence, we were able to drive positive change, rather than be driven reluctantly by regulations.

We had never expected to have a seat at a discussion of this caliber, and we never would have had we not been the first in our industry sector to drive the environmental stewardship we believed was truly needed. Our product innovations led us to not only being invited to participate in the President’s Climate Action Plan roundtable discussions two years in a row, but it also resulted in the EPA showcasing Lapolla as an environmental leader with both domestic and international business audiences.

For example, in 2015, the EPA and State Department brought a delegation from India to our headquarters to educate them on the company’s innovations and the positive environmental impacts garnered from them.

In short, if you drive sustainability measures and practices in your company and industry, it is not only possible to positively impact your bottom line, but also to garner surprising results.

Whether these include an elevated reputation in the business community, improved employee morale or being showcased by regulators as a model of best practices, you might be surprised what positives await you through environmental stewardship.