Traco Selling Residential Business
Traco is selling its residential vinyl replacement division to Echo Windows LLC, which is described as a strategic buyer with experience in the residential marketplace. As part of the agreement, Echo has purchased Traco's Red Oak, Iowa, manufacturing plant, where it will produce Sienna Series vinyl windows and Power Two composite vinyl/aluminum windows.
"The decision to sell our vinyl division was a difficult one for us, as Traco was founded by my parents in 1943 to service the residential market. But, we are certain that we have chosen the best fit for our long-term residential customers," says Robert P. Randall, Traco president and CEO.
“We felt that the timing was right for a more streamlined corporate strategy, concentrating on the heavy commercial side of our business, which has grown dramatically since the 1980s,” adds Randall, “and the vinyl division belonged where it would receive the primary attention it deserves.”