Ply Gem to Acquire Simonton Windows

Aug 20th, 2014

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Fortune Brands Home & Security Inc. has signed an agreement to sell Simonton Windows to Ply Gem Holdings Inc. According to the announcement, the Simonton transaction is valued at approximately $130 million, or roughly 10 times the 2014 earnings before interest, taxes, depreciation and amortization. The transaction’s closing is subject to regulatory approval and is [...]

A Minimum Wage Hike: Good or Bad Idea?

Aug 19th, 2014

President Obama remarks on the minimum wage at Central Connecticut State University.

In his 2014 State of the Union address, President Obama called for a federal minimum wage hike of $2.85/hour to $10.10. According to whitehouse.gov, raising the minimum wage nationwide “will increase earnings for millions of workers, and boost the bottom lines of businesses across the country.” But not everyone in the door and window industry [...]

National Unemployment Rate Stagnant as Construction Employment Increases

Aug 18th, 2014

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The national jobless rate was little changed in July at 6.2 percent, 0.1 percent higher than in June. The rate, however, sits 1.1 percentage points lower than in July 2013, according to a report from the U.S. Bureau of Labor Statistics. The West continued to have the highest regional unemployment rate in the U.S. in [...]

PPI Report Shows Dip in Flat Glass Prices for July

Aug 15th, 2014

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Flat glass prices dropped in July, in contrast to how they’ve been trending for most of the year. According to the latest Producer Price Index Report (PPI) issued today by the U.S. Labor Department, flat glass prices dropped 0.2 percent from June to July, their first decrease since January. The flat glass index sits at [...]

REPORT: U.S. Residential Window Market to Grow by nearly 20 Percent by 2015

Aug 14th, 2014

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The Window and Door Manufacturers Association (WDMA) released the Window and Entry Door 2014 U.S. Market Study, which shows continued growth for the residential window market through 2015. The study, prepared, researched and analyzed by Metrostudy and the Virginia Center for Housing Research at Virginia Tech, forecasts an overall residential window market growth of 9.1 [...]

Aluminum Industry Responding to New Window PCR

Aug 12th, 2014

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The aluminum industry is challenging a new window Product Category Rule (PCR) developed by the Institute for Environmental Research and Education (IERE). PCRs are the guidelines used to create comparable Environmental Product Declarations (EPDs) among products that serve similar functions. An EPD could be considered a “nutrition label” for a products’ Life Cycle Analysis (LCA). [...]

View the August Newscast for a Look at Acoustical Windows

Aug 11th, 2014

While acoustical windows make up a relatively small portion of the fenestration market, they can work wonders in certain applications. Watch the video to learn more about what the products are capable of and how they are tested. Click HERE to watch the video on Youtube

Window World Hit with Lawsuit for Alleged Leaky Windows

Aug 8th, 2014

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Two residents of Beaumont, Texas have filed a lawsuit against Window World and Window World of Houston for allegedly replacing their old windows with ones that have begun to leak. According to the complaint filed with the Jefferson County District Court, Arthur and Connie Berry say they hired Window World to replace their existing windows [...]

Energy Star Updates its Recognition Criteria for Windows

Aug 7th, 2014

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Energy Star Updates its Recognition Criteria for Windows The U.S. Environmental Protection Agency (EPA) has updated its Energy Star Most Efficient 2014 and the proposed Energy Star Most Efficient 2015 recognition criteria for windows. The proposed recognition criteria for 2015 was developed in consultation with the U.S. Department of Energy based on an analysis of [...]

Mid-Year Housing Report: Regional Differences Still Exist and Employment Plays Key Role

Aug 5th, 2014

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How is the housing recovery faring? Well it depends on where you live as major discrepancies still exist in different markets. Slow income growth is also prohibiting home purchases, while “part of the slow recovery has to do with slow recovery in employment,” says David Crowe, chief economist for the National Association of Homebuilders (NAHB). [...]