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FOR IMMEDIATE RELEASE:
February 12, 2008
Media Contact: Sarah Fuller
207.623.4177

Correct Building Products Appoints Peter Anania as CEO

 Peter V. Anania, new President and CEO of Correct Building Products, LLC.

BIDDEFORD, Maine - Correct Building Products, LLC (CBP) is pleased to announce Peter V. Anania of Windham, Maine has been named President and CEO of the company, known for its sustainable, composite CorrectDeck decking and outdoor building supplies. Anania will manage the day-to-day operations at the company and guide efforts to grow its business in the U.S. and abroad. He will report to the company's Board of Directors.

Anania comes to CBP with 35 years of management and operational experience. After beginning his career in the banking sector, he owned several Maine manufacturing companies, including the former building materials manufacturer/retailer, L C Andrew, now known as Maine Cedar Log Homes. He most recently has served as a principal of Leaders, LLC, a business consulting firm based in Portland, Maine and Boston, Massachusetts.

"Having been associated with the company since 2001 as a member of the board, I believe in the multitude of opportunities that lie ahead for Correct Building Products," noted Anania. "Marty Grohman's vision for the company is to accelerate its growth and move it to the next level of its life cycle. He has asked me to help lead the company and fulfill this vision of increasing sales and profitability, which I enthusiastically agreed to do."

Grohman, who co-founded Correct Building Products in 1999, has led the company and brought it to its current position as the global leader in polypropylene composite building supplies. He has overseen product developments including the ultra-low maintenance CorrectDeck CX decking, the incorporation of recycled polypropylene into CBP products and tremendous growth in the company's export markets.

Grohman will continue to serve as Chairman of the Board of Directors and promote the company's green initiatives and encourage the decking and building supply industry to improve its sustainability. He noted, "We've been making innovative products for environmentally-minded consumers since the beginning. With the market for green building products growing, it will be a benefit to have Peter's expertise to help build on our strengths and improve our market share."

Addendum, 02/25/08 - In addition to his new position at CBP, Mr. Anania continues to serve in his role as a principal at Leaders, LLC.

 
 
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