Thermoview (AMEX:THV)
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From Jun 2019 to Jun 2024
ThermoView Industries Announces Model THV Retail Home Center
Expansions
LOUISVILLE, Ky., April 2 /PRNewswire-FirstCall/ -- ThermoView Industries, Inc.
, one of the nation's largest full-service home improvement remodeling companies
announced today that it will begin expanding its retail locations in an effort
to impact bottom line growth. ThermoView plans to open "Model THV" locations in
June of this year, beginning with model sites in Illinois and Kentucky.
"The Model THV concept is the result of our extensive research and development
into the best practices of our industry," said Charles L. Smith, ThermoView's
president and CEO. "We believe that Model THV retail home centers can be
profitable in smaller, attractive marketsrelative to our current product
offerings. Model THV will utilize low overhead retail locations in these markets
and offer consumers high quality THV products and service at up to 20% less than
some of our existing markets."
With greatly reduced operational expenses, ThermoView anticipates that Model THV
retail home centers will require substantially less revenue to achieve bottom
line growth. Utilizing a media driven advertising and marketing campaign to
generate leads for their sales process, ThermoView will attempt to integrate
Model THV into the local community. To do this, they plan on promoting their
concept with recruitment campaigns geared at hiring only local personnel to
operate the sales and installations processes. At the same time, ThermoView will
offer local staff members the opportunity to earn a vested interest in the Model
THV retail home center over a period of time.
"Our products have always been the highest grade offered in the industry and we
sincerely feel that we can provide the right people with an opportunity to
manage and someday own their own home remodeling company under the THV name,"
said Smith. "We feel that Model THV provides the home improvement consumer a
local flavor backed by national support."
Given the anticipated success in these new locations, this Model THV concept
could serve as a blueprint for many ThermoView expansions to come.
"We are focused on growth and with our research and experience, we believe these
new Model THV home centers will be received by the public with great
enthusiasm," said Smith.
About ThermoView Industries, Inc.
ThermoView is a national company that designs, manufactures, markets and
installs high-quality replacement windows and doors as part of a full-service
array of home improvements for residential homeowners. ThermoView's other
services include vinyl siding and home-textured coatings; kitchen and bathroom
remodeling; patio, deck and sunroom construction; and roofing. ThermoView's
common stock is listed on the American Stock Exchange under the ticker symbol
"THV." Additional information on ThermoView Industries is available at
http://www.thv.com/ .
Safe Harbor Statement
Statements in this news release that are not descriptions of historical facts
are forward-looking statements that are subject to risks and uncertainties.
Words such as expect, intends, believes, plans, anticipates and likely also
identify forward-looking statements. All forward-looking statements are based on
current facts and analyses. Actualresults may differ materially from those
currently anticipated due to a number of factors including, but not limited to
history of operating losses, anticipated future losses, competition, future
capital needs, the need for market acceptance, dependence upon third parties,
disruption of vital infrastructure and intellectual property rights. All
forward-looking statements are made pursuant to the Securities Litigation Reform
Act of 1995. Additional information on factors that may affect the business and
financial results of the Company can be found in filings of the Company with the
Securities and Exchange Commission. ThermoView undertakes no obligation to
update forward-looking statements for revisions or changes after the date of
this release.
CONTACTS:
David Iglehart, National Advertising Director,
ThermoView Industries, Inc.,
( http://www.thv.com/ ), 502-968-2020.
DATASOURCE: ThermoView Industries Inc.
CONTACT: David Iglehart, National Advertising Director of ThermoView
Industries, Inc., +1-502-968-2020
Web site: http://www.thv.com/