Masonite International Corp. Announces More Acquisitions

Mississauga, Ontario-based Masonite International Corp. has announced two transactions that form part of its strategic focus on the emerging high-growth markets of Eastern Europe and Asia. The principal objectives of these initiatives include continued leadership in the door and door component business, geographic diversification and acceleration of the demand for wood composite molded doors and door components worldwide. Both transactions are expected to grow Masonite's earnings per share in 2004 and will be funded utilizing the company's senior bank financing.

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Masonite was recently named as one of Door & Window Maker magazine's Ten Companies to Watch.


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