Homasote Company HMTC

Company Overview

Homasote Company, traded on the OTC market under the symbol HMTC, is a U.S.-based building materials manufacturer primarily known for producing cellulose-based fiber wallboard and structural panels used in construction, sound control, flooring, roofing, and industrial applications. The company operates within the building products and engineered materials industries, serving residential, commercial, and industrial construction markets. Its flagship products are manufactured from recycled paper fiber and are marketed for sound attenuation, thermal insulation, and structural performance.

The company’s primary revenue drivers include sales of specialty fiberboard products used in wall, floor, and roof systems, along with related construction materials distributed through building supply channels and contractors. Homasote has historically positioned itself around sustainability and recycled-material manufacturing, emphasizing products made from post-consumer paper content. Founded in 1909 by Eugene M. Outerbridge, the company evolved from an industrial paper recycling operation into a niche manufacturer of engineered building materials with long-standing recognition in North American construction markets.