Posts Tagged ‘ Masonite ’

Masonite Reports a Flat Third Quarter

Nov 9th, 2015

Masonite International Corporation reported stagnant sales in the third quarter of 2015. The Tampa, Fla.-based manufacturer of doors reported net sales of $475.7 million for the third quarter of 2015. Minus the $26 million in negative impact from foreign exchange rates, net sales would have increased by 5.4 percent to $501.7 million, the company said. Masonite posted a loss 54 cents […]

Masonite Names New CFO

Oct 13th, 2015

Masonite International Corporation has named Russell Tiejema as executive vice president and chief financial officer. He starts in his new job on November 2. Tiejema comes to Masonite from Lennox International, where he had served as the vice president of finance and chief financial officer of LII Residential since 2013. From 2011 to 2013, he was the vice president of business […]

Masonite Acquires USA Wood Door

Oct 5th, 2015

Masonite International Corporation has completed the acquisition of USA Wood Door, a wholesaler and fabricator of architectural and commercial wood doors. USA employs approximately 50 people at a single site in Thorofare, N.J. USA’s net sales for the 12 months ended August 31, 2015, were approximately US $18 million. The purchase price for 100 percent of the outstanding […]

One of Masonite’s Doors Was Just Named a ‘Best Buy’

Aug 27th, 2015

Consumers Digest, a publication that provides unbiased evaluations and recommendations across a range of product categories, designated Masonite’s Belleville Smooth a “Best Buy” in its July report on entry and storm doors. The product is one of only four fiberglass doors to receive the rating, which is determined through evaluation of materials, quality of construction […]

Rugby Opens Denver Distribution Center to Deliver Masonite

Aug 20th, 2015

Rugby Architectural Building Products, a two-step distributor with 28 locations in 20 states, recently opened its newest facility in Denver. The center will serve as a Masonite products distributor, marking the first full availability of Masonite’s  exterior doors in Colorado. “With a strong reputation for superior customer service and reliable, on-time, accurate deliveries, Rugby will […]

Masonite Exterior Decorative Glass Collection

Jul 8th, 2015

Masonite International Corporation introduces a new Exterior Decorative Glass collection. Along with aesthetics, the company says the line meets a range of customer needs, including those who want privacy textured glass. “Our first focus is always performance, and design second. These new glass designs combine the best of both: ample options for improved safety, energy efficiency […]

Erceg Exits Masonite

May 11th, 2015

Mark J. Erceg, Masonite International Corporation’s executive vice president and chief financial officer, will leave the company on May 18 for a similar position with Canadian Pacific Railway. “I am proud of the work done over the past five years to strengthen Masonite operationally and financially, and I believe Masonite is well positioned for the […]

Masonite International Announces Restructuring of Israel Subsidiary

Aug 25th, 2014

Masonite International Corp. announced that the Board of Directors of Masonite Israel Ltd., a wholly-owned subsidiary of Masonite International Corp., decided to voluntarily seek a Stay of Proceedings from the Israeli courts in an attempt to restructure the business. The court is expected to appoint a Trustee to oversee the operation of the business and […]

Winter Weather Affects Masonite’s First Quarter Results

May 8th, 2014

Masonite International Corp. announced results for the three months ended March 30, 2014, and reported that net sales decreased $2 million or .5 percent to $422.5 million in the first quarter of 2014 compared with the first quarter of 2013 as a 4.5 percent drop in unit volumes due to unusually harsh winter conditions. Net loss […]

Masonite Reports 2013 Third Quarter and Year-to-Date Results

Nov 12th, 2013

Masonite International Corp. announced results for the three and nine months ended September 29, 2013. According to the company, it saw net sales increase by $8.1 million, or 1.9 percent, in the third quarter to $433.1 million. Additionally, net income attributable to Masonite increased $13.5 million to $3.6 million, or $0.12 per diluted share, in […]