Atrium Companies Acquires Leading Canadian Window Company
Atrium Companies Inc. in Dallas has acquired Canadian window company North Star Vinyl Windows and Doors. The addition of the Ontario-based company gives Atrium and its family of brands a significant presence in the Canadian door and window market.
Headquartered in St. Thomas, Ontario, North Star Vinyl Windows and Doors operates a 223,000-square-foot manufacturing facility that produces a complete line of energy-efficient vinyl windows and patio doors. Seventy percent of the company's product goes to the replacement/remodeling market, with 30 percent going to new construction projects. North Star sells 90 percent of its volume to dealers in Canada, with 10 percent of its product going to dealers in the United States.
"We started building this company in 1985, and it has grown remarkably in that time," explains North Star president Jim Banman. "Joining forces with Atrium allows us the opportunity to take North Star to the next level. It's the right move at the right time for both sides."
Echoing Banman's enthusiasm, Atrium president and chief executive officer Greg Faherty adds, "This is a significantly important deal for both companies. North Star makes high quality products that are a perfect fit within the Atrium family of brands, and Atrium will benefit from North Star's highly refined production system for producing replacement and new construction windows. These are products that offer many of the upscale product features that our customers love, and we're proud that they'll now be more widely available. North Star will benefit from Atrium's size, which will provide purchasing synergies, as well as to our broad product lines."
In addition to manufacturing doors and windows, North Star's business is vertically-integrated and it owns and operates its own vinyl extrusion lines, known as North Star Profile Extrusions. Adding to the bottom line, North Star's extrusion capability also enables the company to produce window systems for outside manufacturing customers.
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