The Bergs Group’s subsidiary Byko-Lat in Latvia will make investments in wooden windows and doors manufacturing facility. The total investment of approximately SEK 20 million ($2.33 million) is expected to increase capacity by 50% for doors and windows, with the building set to be put into use in the 1Q 2022.
Masonite International Corporation announces that Chris Ball has joined the company as President, Global Residential. He replaces James A. “Tony” Hair, who submitted his resignation in August.
US LBM has acquired Northern Building Supply, a full-service building products distributor and retailer which operates two locations in northern Michigan.
Masonite International Corporation appoints Clare Doyle as Senior Vice President, Chief Sustainability Officer and Vicky Philemon as Senior Vice President, General Manager, Europe, both effective immediately.
Masonite International Corporation's net sales were $662 million in the 2Q 2021, a 33% increase from $500 million in the comparable period of 2020. Net sales were $1,309 million in the first six months of 2021, a 25% increase from $1,051 million in the comparable period of 2020.
Jeld-Wen Holding, Inc. will commence a process for the divestiture of its Towanda, Pennsylvania operations, a leading provider of wood fiber composite building products that includes the MiraTEC exterior trim and Extira product lines.
Kimball International's 4Q 2021 consolidated net sales were $146.2 million, compared to $156.1 million in the prior year 4Q. Net income was $7.4 million, or $0.20 per diluted share, inclusive of an after-tax contingent earn-out gain of $8.6 million, as well as intangible amortization expense and acquisition-related and...
Jeld-Wen Holding, Inc. reports 2Q 2021 net revenue of $1,245.8 million, net income of $60.7 million, adjusted EBITDA of $148.2 million, earnings per share ("EPS") of $0.60, and adjusted EPS of $0.59.
Masonite International Corporation announced that Barry A. Ruffalo has been appointed to the company’s Board of Directors effective immediately. His appointment expands the Board from ten to eleven members.
Hardwoods Distribution Inc. (“HDI”) has, through its subsidiary, entered into an agreement to purchase Novo Building Products Holdings, LLC from an affiliate of Blue Wolf Capital Partners for a total price of $303 million.
Herman Miller, Inc. and Knoll, Inc. announced that, at their respective special meetings Herman Miller and Knoll shareholders overwhelmingly approved their respective proposals required in order to consummate the pending acquisition of Knoll by Herman Miller.
Woodgrain has purchased Lowe’s TN Millwork door shop in White House, Tennessee. With the new acquisition, Woodgrain will supply Lowe’s stores with Reliabuilt interior and Therma Tru Benchmark exterior doors across the Southeast and Mid Atlantic.
US LBM expands presence in Central Arizona. Home Center Supply will join US LBM’s Arizona-based R&K Building Supply and operate under the R&K brand.
US LBM has acquired Brand Vaughan Lumber Company, which operates five locations in Georgia.
Masonite International Corporation plans to invest in a new door manufacturing facility in Fort Mill, South Carolina. The new 370,000 square foot facility is expected to employ more than 220 people beginning in early 2022.
Bergs Timber AB acquires 100% of Performance Timber Products Groupand the seller is Graphite Capital and current and former management of the company. The acquired business will be included in the Joinery product area.
The Boards of James Donaldson & Sons (JDS) Ltd and Kitchens International Ltd announce that, following its acquisition, Kitchens International Ltd, has become the latest addition to the JDS brand portfolio.
Masonite International Corporation appoints Richard Leland as Vice President, Finance and Treasurer. In this role, Rich will have responsibility for all Treasury and Investor Relations activities, as well as the Corporate Business Planning & Analysis function.
J. u. A. Frischeis (JAF) has transformed its furniture parts production line in Stockerau, Austria, into an end-to-end, fully automated facility. State-of-the-art machines ensure top quality when processing customised furniture components.