May 20, 2011
A group led by Fila Korea Ltd., the owner of the Fila brand globally, and Mirae Asset Private Equity, the largest private equity firm in Korea, is buying the Acushnet Co. golf business, including the Titleist and FootJoy brands, from Fortune Brands Inc. The $1.225 billion deal represents another step in the break-up of Fortune Brands into separate companies.
With the sale of the golf business,... more »
May 20, 2011
Lowe's Home Improvement has signed an agreement with Sungevity, an Oakland, Calif.-based company that describes itself as the nation’s fastest growing residential solar company. Lowe’s will provide consumers with access to Sungevity’s iQuote system, a process that utilizes satellite images and aerial photography to calculate a same-day, firm installation estimate, eliminating... more »
May 18, 2011
Due to strong demand for its Pella 350 Series vinyl products, Pella Corp. plans to add 75 workers at its Murray, Ky., plant by June of this year. Kentucky Governor Steve Beshear joined community leaders and Pella officials today to announce the expansion of operations at the facility, which focuses on vinyl and fiberglass products.
“As demand for energy-efficient vinyl windows and patio... more »
May 16, 2011
Five short weeks after an EF3 tornado severely damaged its final assembly facility, Lincoln Windows reports that is one again shipping products to customers.
After a tornado hit its Wisconsin plant in April, workers have returned and production has started once again at Lincoln Windows.
Last week saw the return of all plant employees and the first truck to leave the... more »
May 11, 2011
International Architectural Group LLC, Monterey Park, Calif., has filed for Chapter 7 bankruptcy. The company, formerly International Aluminum Corp., is parent of International Window Corp., the West Coast manufacturer of residential windows.
International Architectural is also parent of United States Aluminum, which supplies commercial fenestration products; International Extrusion, an aluminum... more »
May 9, 2011
Ply Gem Windows welcomed Congressman Robert Hurt of Virginia’s 5th District to its facilities in Rocky Mount, Va., on April 29. Rep. Hurt toured the company’s manufacturing and extrusion operations to learn more about the production of highly insulating windows.
The Virginia window manufacturing plant has been a fixture of the Franklin County community for more than 70 years, company... more »
May 6, 2011
Therma-Tru Doors, Simonton Windows and Fypon, with 2010 revenues of $601 million, will form the Advanced Material Window & Door Systems unit of the proposed Fortune Brands Home & Security business, according to a recent Securities & Exchange Commission filing. Fortune Brands Inc. submitted an initial Form 10 Registration Statement for the Home & Security business... more »
May 5, 2011
Haddon Windows & Doors installed a “cool roof” on its 110,000-square-foot manufacturing plant in Bensalem, Pa., last year as part of its commitment to providing energy efficient products to homeowners and also to green practices in its manufacturing facility. The company now reports the investment, which replaces the common dark or tar-based roofing with a light-reflective,... more »
May 5, 2011
Onex Corp., a Toronto-based private equity firm, is investing $675 million to acquire a significant minority interest in Jeld-Wen Holding Inc. The Klamath Falls, Ore.-based manufacturer will continue to be majority-owned by the Trust of Mr. Richard Wendt, members of the Wendt family, Jeld-Wen employees and other existing shareholders, it is reported.
With reported 2010 revenue of more than $3... more »
May 3, 2011
Acme Tools, a distributor and retailer of tools and equipment, is expanding to offer industrial woodworking machinery and tooling products to customers in the Upper Midwest. Products from more than 60 major manufacturers are being added to support the production needs of window and door manufacturers, cabinet makers and furniture producers, the company reports.
With the addition, the Grand Forks... more »