Latest News

  • Andersen Corp. will not distribute profit-sharing checks to its employees this year, for the first time since the Great Depression, according to a report in Pioneer Press.    The St. Paul, Minn., newspaper reports that officials with the window and door manufacturer told employees last week that while the company did make a profit in 2009, it "did not generate enough profits to... more »
  • In last week's State of the Union, President Barack Obama highlighted Northeast Building Products as an example of how the American Reinvestment and Recovery Act has created jobs. Defending the 2009 stimulus package, Obama said, "Economists on the left and the right say this bill has helped save jobs and avert disaster. But you don't have to take their word for it."  After pointing... more »
  • Propelled forward with a line of tax credit eligible vinyl and wood replacement window products, Vinylmax Windows reports it enjoyed strong growth in 2009, adding more than 100 new jobs at its plant in Hamilton, Ohio.  Looking forward, the company expects to add another 150 workers in 2010. Laura Doerger-Roberts, sales and marketing manager for the company, reports it recently made some... more »
  • "Project ReEnergize," a weatherization program organized by the Builders Association of Minnesota and supported by Andersen Corp., was highlighted as a model for programs in other states at a press conference at last week's International Builders' Show.  As part of its economic stimulus package, the Obama Administration made money available to state agencies for the purpose of... more »
  • US LBM Holdings LLC, a portfolio company of Building Industry Partners, and BlackEagle Partners LLC, recently closed the acquisition of Universal Supply Co. in partnership with Jeff Umosella. The move follows up on US LBM's acquisition of three regional operations from Stock in Wisconsin, Central New York and Connecticut. With eight facilities, Universal is a pro dealer providing millwork,... more »
  • New home buyers and existing homeowners who are planning improvements in the next few months say their top priorities include price, energy-efficiency, organization and comfort, according to a survey sponsored by Better Homes & Gardens, released at the International Builders' Show. “Not surprisingly, we continue to see a ‘cents and sensibility’ approach when it comes to... more »
  • Brian Zimmerman has been named president and COO of Gorell Windows & Doors LLC. In his new position, he is responsible for all facets of the day-to-day operations of the vinyl window and door manufacturer. Wayne Gorell assumes the role of chairman and CEO. Zimmerman “Brian has played a key role in the management of the company over the years. As president, he will have even... more »
  • Rooted Treasured Simplified Refreshed In its annual color forecast, paint and coating producer Sherwin-Williams sees 2010 colors taking cues from the hues of the past. “In uncertain times, we find comfort in the memories and traditions that provide us with a sense of solid ground,” says Jackie Jordan, director of color marketing for Sherwin-Williams. “... more »
  • A Louisville, Ky.-based company  is changing the way some window manufacturer warranty claims are handled. Inst-I-Glass operates a fleet of mobile insulating glass manufacturing trucks designed to make glass replacement painless for homeowners. “Customer satisfaction is the most important factor,” says Larry “Butch” Parrella, Inst-I-Glass founder and... more »
  • Atrium Cos. Inc., has reached agreement with lenders on a restructuring plan to reduce the window and door manufacturer’s outstanding debt by more than $350 million. To implement the balance sheet restructuring, the company has filed voluntary Chapter 11 petitions with the United States Bankruptcy Court in Wilmington, Del.  Atrium’s Canadian subsidiary also initiated... more »