RIVERSIDE, Calif.--(BUSINESS WIRE)--Based in Riverside, California with strategically located plants that serve clients throughout the state of California, California TrusFrame is the leading manufacturer of roof trusses, floor trusses, wall panels & smart components for commercial, residential, and multi-family construction.
“We are confident in Steven’s vision and strategy for sustainable growth, as well as his ability to develop and inspire an exceptional team. With the addition of Susan Engquist, a seasoned senior finance and business professional as Chief Financial Officer, I have no doubt that both Steve and Susan will make significant contributions to the success of CTF in the coming years,” said Ravi Bhagavatula, Chairman of the Board at CTF and Managing Partner at Excelsior Capital Partners.
“I am very proud to be afforded the privilege of leading such an outstanding organization as CTF. We have come a long way in the last 10 months and continue to forge ahead with the unwavering support of our nearly 800 dedicated associates who are working to make our goals a reality on a daily basis,” said CEO Steven Stroder. “We are utilizing our resources for the continued creation of value-added products and services and are building our organizational capabilities to better serve our customers’ needs. Every decision made will facilitate our overall goal of exceeding customer expectations through our engineering capabilities, quality control, customer service, and on-time delivery.”
CTF’s products are developed by an experienced professional staff with registered engineers and architects enabling complete in-house design capabilities and efficient turnaround of fully engineered structural building component packages. With the addition of CTF’s Smart Components, CTF now offers cutting-edge prefabricated wall segments that greatly resist lateral force, drastically reduce build times, and provide architects and engineers a substantial increase in design flexibility over traditional wall segments.
“During his tenure as President and COO, Steven managed the company through both operational and financial challenges in the pursuit of our overall goal to become the best and most respected Structural Building Component/Innovative Building Solutions Provider in California,” said Steve Emerson, Board Member of CTF and Principal at Excelsior Capital Partners.
“We now have the necessary leadership, scale and resources to accelerate our growth and further expand our capabilities,” said Ken Cloyd, Board Member of CTF.
CTF is a majority-owned business of an affiliate of Excelsior Capital Partners.
About Excelsior Capital Partners
Excelsior Capital Partners invests in distressed debt, special situations and specialty lending opportunities in commercial real estate and operating companies. Seasoned investment professionals in their Newport Beach, California, and Denver, Colorado offices work closely with business owners, management teams and lenders to develop creative financial and operational solutions in both control and non-control situations.