Latest News

  • Red Holdings Group Inc., a Florida-based investment company, has entered into an agreement to purchase The Macyro Group Inc., a Quebec-based manufacturer of aluminum curtain walls, panels, windows and doors for use in commercial and residential construction. The company goes to market through its subsidiary Gamma Industries Inc. In recent years, Gamma has built a strong business in the southeast... more »
  • In an effort to avoid layoffs, Marvin Windows & Doors has scaled back its work week from 40 hours to 32 hours. About 3,200 employees at the company’s production facilities in Warroad, MN, and Grafton, ND, will be affected. "Production is slow and we don't have enough production to keep all the production employees busy full-time, but it's important to keep our employees,"... more »
  • Thanks in part to window industry pressure, Minnesota senators have modified language in the proposed safety screen law to include other safety measures such as “hardware, guards, and other devices that comply with the standards.” The House version of the bill, however, still calls only for “safety screens” but there are ongoing efforts to unify the language. The... more »
  • Stone River Bronze, the manufacturer of high-end hardware, is changing its corporate and product brand name to Nobilus. Acquired by Hoppe North America Inc. in 2005, the Corrine, UT-based company was founded in 1997 and supplies products to a number of window and door manufacturers, including Marvin Windows & Doors. The motivation behind the name change is a desire to expand the company... more »
  • A Los Angeles law firm has filed a class-action suit against Andersen Corp. in the San Francisco County Superior Court alleging fraudulent misrepresentation and unfair business practices. The plaintiff, David Yancey, on behalf of himself and others with the same situation, claim that the Andersen products they purchased have a lower initial concentration of inert glass than what was presented,... more »
  • North Star Vinyl Windows & Doors has been acquired by Dallas-based Atrium Cos. Inc., providing Atrium and its family of brands with a significant presence in the Canadian market for the first time, officials state. Based in St. Thomas, ON, North Star operates a 223,000-square-foot manufacturing facility producing a complete line of vinyl windows and patio doors, and is vertically integrated,... more »
  • Capital investing firm Cortec Group Fund IV has purchased the assets of Construction Glass Industries Corp., a Miami, FL-based producer of architectural grade impact-resistant aluminum windows and doors. CGI services residential single and multifamily, commercial and government markets for new construction, remodeling and replacement applications. “This is an extremely exciting time for CGI... more »
  • Citing its largest customer reducing its order volume by about 50 percent, Masonite will close its Toledo, OH, fabrication plant by the end of May. About 70 people will be unemployed as a result of the closure, a local television station reports. As part of its fourth quarter report, the company says it was informed that its largest customer is peeling back its orders due to price increases... more »
  • Custom plastic extruder and fabricator Intek Plastics will soon fall under the umbrella of Private Equity Capital Corp. The financing firm will purchase Intek for an undisclosed amount with plans for aggressive growth, both organically and through acquisition. The deal should close in April. “This is a very positive development for Intek Plastics,” says Rob Tracy, president and CEO.... more »
  • Windsor Windows & Doors has completed a 100,000-square-foot expansion of its West Des Moines, IA, plant. Having doubled its business in the past five years, the manufacturer will use the additional space for a new IG production line, as well as its expanded vinyl product line. The company expects this growth spurt to result in about 125 jobs. Its current employee roster stands at more than... more »