Latest News

  •   Marvin Windows & Doors’ employees found out just before the holidays that they will split more than $13 million in profit sharing for 2007. About 3,500 employees out of Marvin’s workforce of 5,500 people will receive the benefit. “We had a very strong sales year and a very strong profit year in 2007,” Susan Marvin, president, told the Grand Forks Herald... more »
  • MI Windows & Doors Inc. has entered into a 10-year agreement with CertainTeed Corp. to become the licensor of CertainTeed brand windows and patio doors in Eastern half of the United States. That agreement comes in tandem with MI’s purchase of certain assets from Ply Gem Industries, which acquired CertainTeed’s vinyl window and door business in September 2007. Ply Gem continues... more »
  • Genesee Valley Windows Inc., a direct sales manufacturer serving the Flint, Mich., region, will relocate in February to expand its operations, company officials announced. The company, a subsidiary of Paramount Improvements Inc., will move from its current facility in Burton, Mich., to a 70,000-square-foot site in Flint. Officials expect to hire 70 additional workers by the end of 2009,... more »
  • The Peachtree Door & Window plant in Gainesville, Ga., will be closed in February, with production of foamed patio and entry doors moved to the Weather Shield Manufacturing facility in Park Falls, Wis., according to a company news release. Workers at the Georgia manufacturing facility were notified at the end of November. The closure is designed as a cost-saving measure, allowing the company... more »
  • Just a year after transitioning the formerly wood producing Story City, Iowa, plant entirely to vinyl production (click here to read more), Pella Corp. has announced that it will close the facility in March, eliminating more than 240 positions. The manufacturer will use the 400,000-square-foot plant for storage. The manufacturer points to the housing crisis for the closure. “After doing... more »
  • With new financial backing from a U.S. private equity firm, Polar Window of Canada is aiming to grow both inside and outside its bases in Winnipeg, Calgary and Edmonton. In a deal that closed just before the end of the year, Cleveland, Ohio-based leveraged buyout firm The Riverside Company acquired Polar for an undisclosed sum. Polar’s strong regional brand, growth potential and... more »
  • Stripped down considerably from earlier versions, a new energy bill passed both Houses of Congress and was signed into law by President Bush on December 18, 2007. The Energy Security and Independence Act of 2007 primarily focuses on automobile fuel economy, with additional provisions for more efficient appliances and lighting, as well as some steps designed to increase efficiency of government... more »
  •   Ram Industries Inc., a Houston-based custom window manufacturer and distributor, has agreed to be purchased by a private investor for an undisclosed sum. The identity of the buyer was not released. The company retained an advisory firm, GW Equity, in late 2006 to help it identify a potential buyer. “With more than 20 successful years in the custom window industry, Ram... more »
  • Just weeks after announcing the closure of its West Virginia plant and months after announcing the closure of its Georgia plant, SNE Enterprises is sending nearly half of its Wisconsin workforce home to wait out the winter. The Mosinee, Wis., manufacturer of Crestline and Vetter windows and doors, will temporarily lay off 300 workers until the depressed housing market picks up in warmer months,... more »
  • SNE Enterprises, which manufactures Crestline and Vetter windows and doors and is part of the Peachtree Cos., will close its Huntington, W. Va., plant, permanently laying off 130 employees. The layoffs will begin in mid-March and continue through mid-May, when the facility will be permanently closed. The Peachtree Cos. is owned by the Schield family of Medford, Wis.; owners of Weather Shield... more »