November 18, 2008
With a missed interest payment to bondholders in October threatening its future, Masonite International Inc. on Tuesday announced that it has entered into a forbearance agreement that will buy the door maker additional time to address its financial obligations.
Under terms of the agreement, Masonite's creditors will not “exercise rights and remedies against the company... more »
November 17, 2008
With remodeling activity expected to far outpace new construction in 2009, Jeld-Wen Inc. has launched three new vinyl replacement window and patio door lines to meet the anticipated demand for remodeling-specific products. In addition, the company is creating a new replacement program tailored to dealers who market, sell and install windows and doors into existing homes.
"For... more »
November 11, 2008
Crystal Window & Door Systems, the manufacturer of vinyl and aluminum windows based in Flushing, N.Y., is looking at potential plant sites as it looks to expand into new markets. The company recently talked to the Louisiana Economic Development and Greater New Orleans Inc., a 10-parish regional economic development agency, according to an article in the Times-Picayune.
Crystal is... more »
November 10, 2008
Pella Corp. halted production at its Tucson, Ariz., window plant in November due to the continuing housing market downturn and a decline in renovation spending.
The company has not ruled out the possibility of reopening the plant when the housing market rebounds, reports spokeswoman Kathy Krafka Harkema. The Tucson facility is the company’s smallest vinyl window manufacturing site.
“... more »
November 7, 2008
Andersen Corp. has announced plans to eliminate 52 positions at its Menomonie, Wis., window assembly plant. The facility makes windows that are specifically designed for large production builders who build new, mid-range priced homes, says Maureen McDonough, Andersen director for corporate communications.
“This is the segment of the home construction marketplace that’s been... more »
November 7, 2008
Interlock USA has announced a strategic partnership with the Siegenia-Aubi KG to handle distribution for a range of hardware products in the United States and Canada. Under the agreement, Interlock will serve as the exclusive distributor for the Siegenia-Aubi group, which consists of two Germany-based hardware producers Siegenia-Aubi KB amd KFV Karl Fliether GmbH & Co.... more »
November 5, 2008
With the reinstatement of tax credits for energy efficient home improvements for 2009, AWDI LLC, previously known as the Association of Window & Door Installers, is promoting the ability of its certified installers to enable homeowners to get more than the $200 tax credit allowable for energy efficient replacement windows. Because AWDI certified installation processes include... more »
November 5, 2008
Window Enterprises LLC has been placed into receivership in a ruling by the District Court of Dallas County, Texas as of Oct. 28. The manufacturer's Web site has been replaced by a simple screen indicating receivership status and directing visitors to the court documents.
No details are available about plans for the Carrollton, Texas-based company. Neither Window... more »
November 3, 2008
Following up on the closing of its manufacturing operations earlier in the week, Jancor Cos. Inc. filed a voluntary chapter 11 petition on Oct. 30 in the United States Bankruptcy Court for the District of Delaware, according to the Web site Chapter11.com.
Based in Ohio, Jancor unexpectedly closed its Survivor Technologies and Kensington Windows vinyl window production plants last week. It... more »
October 30, 2008
After closing about 60 stores earlier this year, 84 Lumber Co. will close another 20 stores this year, the company confirmed on Thursday.
The company will close two stores in Michigan, three in Pennsylvania, four in Kentucky, two in Georgia and one each in Alabama, California, Indiana, Maryland, Missouri, New Jersey, New York, South Carolina and Virginia. Some stores will be consolidated to... more »