Masonite International Corp. announced that its board of directors approved an increase in the cap on the number of shareholders of record from 490 to 1,990 (excluding employees who received shares pursuant to compensation plans) provided that not more than 490 are not accredited investors.
According to the company, the recently adopted JOBS Act increased the [...]
The list of housing markets showing measurable and sustained improvement held virtually unchanged in May at 100, down from 101 in April, according to the National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI). The number of states represented on the list also held firm from the previous month, at 35 (including the [...]
Two International Building Code (IBC) code change proposals, S175 – 12, submitted by the Glazing Industry Code Committee, and S339–12 by the American Architectural Manufacturers Association (AAMA), were disapproved over the weekend during the International Code Council hearings, which are taking place in Dallas. Both proposals, which were essentially the same, were also supported by [...]
Ridgeview Capital has purchased Krosswood Doors and committed the necessary growth capital for the company to increase the overall service it provides, according to a Krosswood statement by Krosswood CEO Brad Boyle. The management team will stay in place to ensure a smooth transition, according to the announcement.
“Over the next few weeks we will be [...]
Saint-Gobain of France posted moderate growth in sales for first-quarter 2012, up 3.7 percent from first-quarter 2011, according to the latest financial report from the company.
Sales of flat glass fell 5.6 percent, reflecting the slowdown in Asia and emerging countries, the contraction in solar markets and the European automotive industry, and faltering construction activity in [...]
The International Code Council (ICC) reviewed proposed changes to the International Building Code’s Section 1008.1.7 (IFC [B] 1008.1.7), related to thresholds, as part of proposal E60 – 12 and Section 1013.8 (IFC [B] 1013.8), related to window sills, as part of proposal E109 – 12, and passed both.
Proponent of the revision in E60 – 12, [...]
Pilkington to Lay off 57 Employees from Ottawa, Ill., Plant
Pilkington North America of Toledo, Ohio, will lay off 57 employees at its plant inOttawa,Ill., according to the State ofIllinois Monthly Warn Activity Listing for the month of April.
The layoffs will begin on June 2 and end on September 1, according to the report. The [...]
Hansons Windows announced it is expanding its Columbus, Ohio, operations. The Troy, Mich.-based company says that, effective immediately, it is assuming a new address in Columbus, 840 Grandview Avenue, and the move was necessitated by a growth in sales and operations, according to Hansons Windows owner, president and founder, Brian Elias.
“With our increased sales and [...]
PGT Industries announced that Todd Antonelli has joined as vice president of sales and marketing. Antonelli comes to PGT from Masco Corp. where he most recently was director of sales for Masco Cabinetry.
“Todd’s skill and experience positions PGT to be poised for growth when the market turns. We’re looking to leverage Todd’s strong leadership and [...]
The American Architectural Manufacturers Association (AAMA) has published AAMA 502-12, “Voluntary Specification for Field Testing of Newly Installed Fenestration Products.” This updated specification establishes the requirements for field test specimens, apparatus, sampling, test procedures and test reports to be used in verifying the air infiltration resistance performance and water penetration resistance performance of newly installed [...]
