SALISBURY — MaxLife Industries’ ArmorWall business is being acquired by DuPont.
MaxLife is based in Salisbury and is a subsidiary of Taylor Clay Products, the nation’s largest privately-owned custom brick manufacturing business. MaxLife’s primary product is a type of structural insulated sheathing known as ArmorWall that is used in building construction and touted for its fire-resistance, water-resistance and durability.
“While letting go is difficult, I am excited to see the ArmorWall Business evolve to its full potential,” Charles Taylor, president and CEO of Taylor Clay, said in a news release. “The building science synergies will bring new and much needed innovations to the built environment.”
The financial terms of the acquisition were not disclosed.
With the transaction, which is expected to close by the end of 2021, DuPont will purchase the ArmorWall brand, patented technology…