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Friday, July 03, 2009

At USI, we are driven by the promise of construction excellence, serving the residential and commercial construction industry. We install a wide range of residential and commercial products including insulation, windows and doors, shelving, garage doors, glass services, concrete shell framing and a variety of specialty services. We’re managed locally with the support and backing of a national network.

What We Do

Our capabilities are broad

Install building products in more than 150,000 homes and buildings annually
Operate in 55 locations serving over 2,500 builders and thousands of homeowners
Deliver through 2,500 highly experienced employees

What We Promise

Our commitment to construction excellence drives us to deliver more efficient and more profitable building processes for you. We provide:

value-engineered solutions
faster build cycles
high-quality, defect-free installation

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What Customers Say

“Loyalty is very important to us. We look for companies that have the same philosophy we do about the importance of customer service and making sure the homeowner is satisfied. That’s what we get from USI.”
—Orlando Custom Home Builder

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News - Wednesday, April 01, 2009

Edina, Minnesota: United Subcontractors Reaches Agreement with Holders of First and Second Lien Loans to Restructure Debt:

USI and its lenders have reached an agreement in principle with holders of the Company’s first-lien loan due in 2012 and holders of the Company’s second-lien loans due in 2013 on the terms of a financial restructuring. Once completed and approved by the Court, the financial restructuring will de-leverage the Company’s balance sheet by approximately $314 million, leaving the Company with a healthy balance sheet and total debt of approximately $22.5 million.

In order to implement the financial restructuring, USI elected to file Chapter 11 petitions in the United States Bankruptcy Court for the District of Delaware.

The Company believes the filing will have little impact on its operations and it will look to maintain “business as usual” during the restructuring process. USI expects to emerge from Chapter 11 in the early summer.