Latest News

  • Wolseley plc, parent company of Stock Building Supply, plans to close 86 more branches of the building materials distribution operation, bringing its total number of locations to 209.   The 86 branches to be closed represent around 25 percent of Stock’s sales and 28 percent of its headcount, officials report. “With the on-going... more »
  • Montag Windows & Doors, a German manufacturer targeting the high-performance luxury market, opened its first marketing and distribution center in the U.S. in October in Roswell, Ga. From this location, the company plans to service the needs of architects, builders, developers and homeowners throughout the coastal impact market. “Since 1728 Montag Windows & Doors has been... more »
  • The National Association of Home Builders is forecasting 936,000 total housing starts for 2008, a 30.2 percent decline from the 1.34 million homes produced last year. Starts in 2009 are projected to slide 16.2 percent further, to 784,000 units, before picking up again in 2010 to the 1.0 million level. Those projections were offered at NAHB's Fall Construction Forecast... more »
  • Eric Mertz has been appointed president and CEO of Caldwell Manufacturing, effective October 27. As part of a planned succession, Ted Boucher, current president and CEO, will continue with the company in the new position of chief business development officer and vice chair of the board.“Eric is the right person to lead Caldwell Manufacturing into its next era and set the company on a path... more »
  • Orlando, Fla.—"We just have to get through this,” said one distributor attending the annual exhibition and convention of the Association of Millwork Distributors last week. That attitude was shared by many, expressing quiet determination to hold on for now and get prepared for better times when they do return. No one expects that time coming soon, and that was reflected in... more »
  • GED Integrated Solutions Inc., the supplier of window manufacturing equipment and systems, has appointed Bill Weaver to the role of president and CEO, effective October 31.  Weaver, currently  the company’s vice president of sales & marketing, has more than 23 years experience in the window and door industry and has been an integral part of the GED team for the... more »
  • Fiberglass window manufacturer Inline Fiberglass Ltd., has signed an agreement with Zoom Developers of India to create a joint venture to manufacture and distribute fiberglass windows and doors in India. The venture will be based in Mumbai. Mike Levine, Inline's international sales manager says the deal "underlines our commitment to become a major international... more »
  • Silver Line Building Products has filed notice that it will close its Durham, N.C., manufacturing facility before the end of 2008, leaving more than 400 employees laid off. The Business Journal of the Greater Triad Area reports today that the company filed paperwork with the North Carolina Commerce Department, giving the required 60 days' notice required by the federal Worker Adjustment and... more »
  • Milgard Windows & Doors has shut down manufacturing operations at its Marysville, Wash. facility.  The change results in the layoff of 80 employees, starting on Oct. 24. The company will maintain a sales and service presence at the Marysville site.  “As a result of the challenging economic times, including an unprecedented downturn in the U.S. housing market and... more »
  • Atrium Cos. Inc., reports it has restructured its debt with each of its major creditor groups. With a capital infusion to reduce overall debt, the actions improve Atrium’s liquidity and will enable management to effectively guide operations through the slowing economy, the company reports. As part of the restructuring, each of Atrium’s creditor groups has agreed to eliminate... more »