Latest News

  • MI Windows & Doors Inc. closed its Brazil, IN, plant in December, citing the downturn in new home construction. The closure of the plant, located 65 miles southwest of Indianapolis, comes on the heels of MI’s acquisition of a 210,000-square-foot CertainTeed window fabrication facility in Lebanon, IN, which is 30 miles northwest of Indianapolis. When MI announced its plans for the... more »
  • Resilience Capital Partners, a Cleveland-based private equity firm, has acquired Omega Polymer Technologies, which makes pultrusions for residential windows and door manufacturers including Andersen Windows, according to a report in Crain’s Cleveland Business. Omega had filed for Chapter 11 bankruptcy in late August and gave notice that at least 60 of its employees would be laid off... more »
  • Swedish door components producer Assa Abloy purchased Pemko Manufacturing in a deal announced February 1. The worldwide parent company did not disclose the terms of the acquisition. Pemko, based in Ventura, CA, designs and manufactures components for sealing doors. The company was founded in 1952 and currently has about 330 employees. “The acquisition of Pemko brings into Assa Abloy a... more »
  • The ProShield product line, produced by Weather Shield Windows & Doors, has earned third-party certification for recycled material content—the first ever issued to a window by Scientific Certification Systems. The designation confirms that ProShield products meet the criteria for stated recycled content claims. With wood interior and vinyl exterior, ProShield windows and patio... more »
  • Sample case and display manufacturer DAC Products Inc. has purchased 21C Retail Arts, a showroom design firm that has worked for clients such as Ralph Lauren, Lazy Boy, Nextel, Sprint and Basset Furniture. Based in North Carolina, DAC supplies a variety of window, door and building product manufacturers with product displays, carrying cases, graphics and demonstration tools. “We have... more »
  • Atrium Cos. will close its nearly 80,000-square-foot vinyl window manufacturing facility located in Shelton, CT, by March. The closure will affect about 60 employees, the company reports. Former Shelton customers will be transitioned to the company’s Welcome, NC, facility, which already produces more than half of the total product for customers in the Northeast region. “Market... more »
  • Andersen Corp. employees will receive their annual profit-sharing checks in mid-February, which this year will equal 22 percent of their salaries. The company will distribute the money to 6,000 workers, including those whose manufacturing positions were eliminated with layoffs January 2. “Despite the significant downturn in the housing market, the combination of a broader portfolio of... more »
  • Pella Corp. will dedicate its Story City, IA, plant to solely vinyl production this year, adding about 100 jobs in the process. Formerly, the Story City facility produced Pella’s wood window lines, but market demand encouraged the company to shift that location’s focus to production of the ThermaStar by Pella vinyl product line, which is sold through Lowe’s Home Improvement... more »
  • International Aluminum Corp., parent of International Window Corp. and U.S. Aluminum, has entered into an agreement to be acquired by an affiliate of Genstar Capital LLC. The San Francisco-based private equity group is offering $53 per share for the publicly traded International Aluminum in a transaction valued at approximately $228 million. International Aluminum has unanimously approved the... more »
  • ThermoView Industries Inc.’s CEO Larry Smith has led a management buyout of the company and its subsidiaries from the private equity firm that purchased it while it was reorganizing under Chapter 11. Blackstreet Capital Management (formerly Milestone Capital Management), a Washington, DC, firm, had purchased the company in 2005. “We are pleased to conclude the sale of ThermoView,... more »