Are Investors Coming Back to Our Industry?
When PGT Industries went public in 2006, window and door sales were already starting to decline, but no one was predicting a freefall. The overall market, including PGT's opportunities to expand both its impact product sales and regionally, provided reasonable growth prospects for potential investors.
Now four years and one economic meltdown later, Ply Gem is testing the waters with investors. With the IPO, the company's current ownership obviously hopes Wall Street thinks that housing and remodeling markets are starting to recover. Are they right?
Of course, I'd like to hear from you. Email me and let me know what you think. Will we see more investors coming into the window and door industry again?