Jeld-Wen Acquires Norway-Based Dooria

Aug 10th, 2015

oslo downtown

In the middle of talk about a potential initial public offering (IPO), Charlotte, N.C.-based Jeld-Wen is expanding on its own, acquiring Oslo, Norway-based Dooria AS, one of the largest manufacturers of wooden doors in Scandinavia. Dooria is a major provider of residential and commercial doors in the Swedish and Norwegian markets. The 68-year-old company has three […]

AEC Calls for Investigation in Wake of Report on Chinese Extruder Zhongwang

Aug 6th, 2015


One of the world’s largest aluminum extruders is on the defense after a recent report accused it of committing “the largest and most complex China fraud ever uncovered.” In a scathing 51-page report released last week, short seller Dupre Analytics alleges China Zhongwang Holdings Ltd. chairman Liu Zhongtian and his family have constructed a “network […]

A Jeld-Wen IPO: How Big Could It Go?

Aug 4th, 2015


A report that Jeld-Wen is considering an initial public offering (IPO) could extend a recent trend of major door and window companies taking their businesses public – and reaping big rewards in the stock market. The Wall Street Journal, citing “people familiar with the deal,” reported on Monday that the IPO would value the company at […]

MGM Industries and Custom Window Systems Merge

Aug 3rd, 2015


MGM Industries, based in Hendersonville, Tenn., has merged with Custom Window Systems in Ocala, Fla., according to MGM president Abe Gaskins. He says the Gaskins family will still be involved in the management of the company and will retain an equity position. Gaskins says the process of finding a “potential suitor” started more than a […]

The Future of Technology and the Construction Worker

Jul 31st, 2015


In the not-so-distant past, Rob McKinney was on a jobsite doing a safety inspection for his construction company when he spotted a worker “top-stepping” a ladder—with two feet on top of an eight-foot ladder working in the ceiling. McKinney, then a safety manager, addressed the issue with the worker, but the worker wouldn’t oblige. So […]

US LBM Sold to Private Equity Firm

Jul 30th, 2015


US LBM Holdings, a building materials distributor with approximately 160 locations in 22 states, is selling a majority stake to Kelso & Company, a private equity firm. BlackEagle Partners, another private-equity firm, is also investing in US LBM, along with members of the company’s management team. Terms of the transaction were not disclosed. “Our partnership […]

Who “Owns” Legally Binding Construction Codes?

Jul 28th, 2015


The state of Georgia has filed a lawsuit against public-domain activist Carl Malamud for publishing the state’s entire legal code online. It’s the latest legal battle for a man who is currently being sued by organizations that develop construction standards — including ones used for glazing, doors and windows — that are then incorporated into state building […]

These Fast-Growing Companies Aren’t Slowing Down

Jul 27th, 2015

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When companies appear on DWM’s Fastest-Growing Dealer List, do they continue to grow or do sales eventually flatten? The latter doesn’t seem to be the case with at least three companies that have appeared in our pages. When DWM debuted its list in 2013, West Shore Window in Mechanicsburg, Pa., was one of the seven companies […]

Suspect’s Suicide Won’t Slow Investigation into PPG Industrial Espionage

Jul 24th, 2015


The suicide of Thomas Rukavina, a former PPG Industries chemist accused in federal court in Pittsburgh with theft of trade secrets, won’t slow down the investigation into the case. “U.S. Attorney David Hickton in Pittsburgh said the FBI will continue to spearhead the spy probe but couldn’t be more specific due to the ‘sensitive nature’ of […]

Industry Leaders Tell Congress How to Achieve Efficiency

Jul 23rd, 2015


Sustainable-building leaders had their chance to lobby for energy efficiency improvements and offered their takes on how to get there at a recent industry expo on Capitol Hill. Kiere DeGrandchamp, president of Gettysburg, Pa.-based High Performance Homes and one of four panelists at the Congressional Renewable Energy and Energy Efficiency Expo, said houses that reach […]