August 13, 2013
Newell Rubbermaid Inc. has entered into a definitive agreement to sell its hardware business, which includes the Ashland, Amerock, Bulldog and Shur-Line brands, to Nova Capital, a specialist acquirer of corporate and private equity portfolios. The transaction is expected to close within the third calendar quarter, with gross proceeds of $214 million, according to a release.
“The... more »
August 13, 2013
The Tampa Bay Business Journal reports PGT Industries, the Venice, Fla., manufacturer of impact-resistant windows and doors, has the approval of a group of banks to spend up to $14 million to expand and operate its glass processing business. In an Aug. 2 report filed with the SEC, PGT said it expected to spend nearly $7.3 million for the full 2013 calendar year, including... more »
August 2, 2013
Kwikset, part of the Hardware & Home Improvement division of Spectrum Brands Holdings, has partnered with UniKey Technologies Inc. to transform the smartphone into a key. The Kwikset Kevo deadbolt communicates with a smartphone and unlocks with a simple touch without the user even removing the smartphone from his or her pocket or purse when unlocking their door.
The deadbolt... more »
July 29, 2013
Building products distributor ABC Supply Co. Inc. has acquired the assets of American Wholesale Building Supply Co., a distributor of siding and windows located in Nashville, Tenn.
The branch will operate as a satellite location of ABC Supply’s existing Nashville branch, situated less than one mile away. It will continue selling siding, windows and related products, while the existing... more »
July 29, 2013
Vinyl extruder Veka Inc.is expanding its operations. The company was recently awarded nearly $200,000 in grants from the state of Pennsylvania to support expansion plans at its headquarters facility in Fombell, Pa. In addition, Veka has invested in new equipment to expand capacity at its Texas plant.
The Pennsylvania state funding will be used to help supplement costs for additional... more »
July 24, 2013
Continuing its efforts to expand market reach and increase penetration in the Midwest, Panda Windows & Doors is opening a showroom near Chicago in August, 2013. The facility will enable customers in the area to get a first-hand look at its lift-and-slide and folding door systems.
Panda's new showroom in the Chicago suburb of Elmhurst, Ill.
In addition,... more »
July 23, 2013
Quanex Building Products has unveiled a new, optimized website, designed for an enhanced user experience with a variety of industry and product information, including a comprehensive product directory, case studies and technical data sheets, as well as information covering issues that impact the fenestration industry, among other resources, officials state.
“We wanted our website to be the... more »
July 17, 2013
Alside Window Systems parent Associated Materials Group Inc. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its common stock. The company intends to use proceeds from the offering to pay off certain debts.
The number of shares to be offered and the price range for the offering have not yet been determined, but an... more »
July 16, 2013
Simonton Windows has once again joined efforts as a major contest sponsor with This Old House Ventures on The Great TOH Giveaway. The manufacturer of vinyl windows and patio doors will contribute $50,000 in retail products–broken into a total of three separate prize packages–offered as part of the giveaway in the August 2013 issue of This Old House magazine.
“We’re excited... more »
July 15, 2013
Celebrating its 50th anniversary this year, RSL Inc. has introduced a redesigned website. Highlights include new graphics and a new Design Center, where homeowners and customers can view a wide range of decorative doorlite designs in four popular sizes, eight home styles, and in steel or fiberglass doors. They can then print the page.
The website also includes a "Locate a... more »