EIFS


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The EIF is a specialist provider of risk finance to benefit small and medium-sized enterprises (SME) across Europe.
The lawsuits from past years scared many insurance companies, so only a few are willing to insure contractors who deal with EIFS. Your problem might be unrelated to the cladding on your house, but mere mention that it's there could make it harder to hire someone to fix the problem.
The Freedonia Group, a Cleveland-based industry research firm, projects EIFS sales will reach $950 million within the next five years, an increase of almost 34% compared to 2007.
SOURCES INCLUDE THE BRICK INDUSTRY ASSOCIATION (WWW.BIA.ORG), RESTON, VA, AND THE EIFS INDUSTRY MEMBERS ASSOCIATION (EIMA) (WWW.EIMA.COM), MORROW, GA.
According to the AIC Web site, the capital for starting the company was provided by AWCI and five EIFS manufacturers.
Problems crop up when EIFS is used almost anywhere with a moist climate.
The lawsuit, certified as a class-action suit in 1996, claimed that EIFS trapped moisture within walls, causing wood structures to rot.
EIFS generally refers to an exterior siding system with four primary components:(1)
* The EIFS Industry Members Association (EIMA) inspected 68 houses: 20 had $1,500 or less in damages, 35 had damage of $3,000 or less, and six had damage of more than $10,000.
Sto Corporation's Sto EmeraldCoat, part of the StoGuard air and moisture barrier system, has received ICC-ES approval for use under all claddings except exterior insulation and finish system (EIFS).
Exterior Insulation and Finish Systems (EIFS) account for about 10 percent of the exterior walls on new commercial construction.
Ever since the moisture-intrusion controversy involving exterior insulation and finish systems (EIFS) homes first surfaced in 1995, the insurance industry has attempted to redefine its relationship with the residential EIFS market.