Hurd Windows and Doors of Medford, Wis., has announced that a private equity firm, Longroad Asset Management in Stamford, Ct., has signed a definitive purchase agreement, which was approved by the U.S. Bankruptcy Court in which Hurd’s case is under review yesterday.
“Hopefully it will close in the month of December,” says Richard Latto, managing director [...]

MI Windows and Doors Inc., based in Gratz, Pa., announced plans today to close its Lebanon, Ind., window fabrication facility.
“Our decision to close the Lebanon facility has been extremely difficult,” said Matt DeSoto, president, Eastern Division of MI Windows and Doors. “Anytime we affect team members and their families by eliminating jobs it comes with [...]

John Johnson, chief strategist for RBC Dominion Securities, spoke Thursday in Toronto at Win-door North America and tried to give attendees some hope regarding the current economic climate and the housing crisis. Although speaking before a mainly Canadian audience, his presentation, “The Sun Always Rises,” focused on the state of both the U.S. and Canadian [...]

According to news reports, Jancor, owner of Kensington Windows, is undergoing efforts to reopen the door and window manufacturer.

Urban Machinery announced that it has made some restructuring changes to the company, which includes the closing of its West Coast office in Port Townsend, Wash., effective immediately. All work previously performed by this office is being transferred to its Cambridge, Ontario, head office for sales and service, according to Volker Lamprecht, president and chief operating [...]

Window Enterprises Inc., based in Carrollton, Texas, has closed and has been placed into a court-appointed receivership. The order appointing Matthew Donnell as receiver of the company was issued yesterday by the 192nd District Court for Dallas County, Texas.
According to Investopedia.com, a receivership is a type of bankruptcy set up for the receiver to repay [...]

Last week’s annual Outlook Executive Conference: ‘09 Industry Forecasts and Trends included a range of speakers and forecasters with outlooks on the current economy and predictions for the 2009 housing market.While many of the reports appeared bleak, almost all of the speakers agreed that while the market is down now, it is cyclical and will [...]

The National Association of Homebuilders (NAHB) hosted its Construction Forecast Conference yesterday and it’s not a surprise, that the news was dismal.
“Things are a lot worse than any of us had anticipated six months ago,” said NAHB chief economist David Seiders in his opening economic forecast. “Who would have anticipated the turmoil in the financial [...]

The Department of Energy (DOE) announced last week that it is extending the comment period for the revision of the door, window and skylight criteria until Friday, November 14. “DOE has received a large number of requests for an extension from stakeholders needing additional time to complete in depth technical analyses to support their comments,” [...]

Though traffic may have been scarce at times during the GlassBuild America show, those door and window manufacturers that were in attendance were looking for ways to become more lean and save money, according to several suppliers and exhibitors.EAM-Mosca was just one of the many companies offering such a solution. The company offers a strapping [...]