What is the Biggest Story of 2011?
December 14, 2011
This time of year, we start looking back to summarize some of the most notable happenings of the past 12 months. In the mainstream media, some of the top stories being bantered about include politicians’ extramarital activities, royal weddings, and the continued economic woes.
In the window and door industry, we’ve had an interesting year as well. We started out with a significant drop in the size of the tax credit for which homeowners are eligible for making energy efficient upgrades, and we saw EPA push forward on its lead regulations. As the economic challenges persisted throughout the year, we also saw some additional industry buy-outs and multiple plant closings.
What do you believe is the biggest window and door story of the year? Take a moment to vote in our poll, and feel free to email me or post a comment if you believe we’ve left something worthwhile off the list.
On behalf of the entire Window & Door team, I’d like to take a moment to thank you for all your support in 2011 and wish you a very happy holiday season. We will be taking our usual end-of-year pause in publishing WDweekly, returning to you with the January 11 edition. See you in 2012!
Survey Results as of 1/10/2012 :
What was the biggest industry story of 2011?
Energy Efficient Tax Credits Fade Away
Multiple Plant Closings Late in Year
Onex Acquires Majority Stake in Jeld-Wen
EPA Moves Forward with RRP
Quanex Continues to Grow with Acquisition of Edgetech
The cutbacks in tax credits for energy efficient windows and doors in 2011 were thought by many to be the biggest story of the year. The resulting downturn in sales contributed to what ranked second among our voters—mulitple plant closing at the end of the year. It was certainly a big year of many challenges and news stories last year, and I anticipate that we'll have equal levels of excitement as we move through 2012.
If you have some thoughts about what you think will be the biggest news story in the coming year, send me an email to share. What issue or news story is likely to be the most significant to our industry in 2012?
Happy New Year, by the way! All of us at Window & Door wish you a healthy and productive 2012.