The action to seek court protection followed a comprehensive evaluation of the alternatives for the business, including an organized sale process that was ultimately unsuccessful.
Masonite Israel Ltd. represented less than 1% of total consolidated net sales of Masonite International Corporation for the twelve months ended June 29, 2014 and is currently operating at a loss.
Masonite International Corporation is a leading global designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling; and the non-residential building construction markets.
