Posts Tagged ‘ Masonite ’

Masonite Losses Continue in Second Quarter

Aug 14th, 2013

Door manufacturer Masonite reported a net loss of $1.2 million in the three months ended June 30, 2013, compared to a $3.9 million loss a year earlier. Net sales increased $20.3 million or 4.7 percent to $453.1 million in the second quarter of 2013 over the second quarter of 2012. “Second quarter results reflect a […]

Masonite Completes Acquisition of Masisa S.A.

Jul 11th, 2013

Masonite International Corp. has completed its acquisition of the door manufacturing operations of Masisa S.A. The transaction includes the purchase of the door component operations in Cabrero, Chile and the door assembly factory in Chillan, Chile. The operations acquired manufacture high quality stile and rail panel and French wood doors for the North American market. […]

Masonite Announces Agreement to Acquire Masisa Door Manufacturing Operations

Jun 18th, 2013

Masonite International Corp. has announced that it has signed a definitive agreement to acquire the door manufacturing operations of Masisa S.A. for approximately $12.5 million. The transaction includes the door component operations in Cabrero, Chile, and a door assembly factory in Chillan, Chile. The operations to be acquired primarily manufacture high-quality stile and rail panel […]

Masonite Plans $150 Million IPO

Feb 28th, 2013

Masonite International filed a statement with the U.S. Securities and Exchange Commission yesterday for an initial public offering (IPO) of $150 million. The company also announced its fourth quarter and year ended December 31, 2012, financial results. Net sales increased $34.4 million, or 9-percent, to $418.2 million and $186.8 million, or 12.5 percent, to $1,676.0 […]

Masonite to Close Kirkwood, N.Y. Plant

Dec 10th, 2012

Masonite filed a notice with the New York Department of Labor late last week announcing that it will close its Kirkwood, N.Y., door fabrication plant, affecting 64 employees. The company projects the layoff date as February 5, 2013, or within 14 days thereafter. “Economic” reasons are cited as the reason for the closure. The filing […]

Masonite to Lose Some Retail Business

Nov 8th, 2012

Masonite International Corp. announced this week that it was recently notified by its second largest retail customer that they will reduce their interior door business with the company, primarily in the northeastern and southwestern United States, starting early in 2013. The affected business, which consists principally of molded doors, is expected to amount to approximately […]

Huttig Building Products Announces Supply Agreements with Two Major Door Makers

Oct 15th, 2012

Huttig Building Products Inc. announced that it has entered into a multi-year agreement where it will exclusively pre-hang and distribute Therma-Tru’s exterior steel and fiberglass door products across the majority of its trading areas in the states of: Washington, Alaska, Hawaii, Arizona, Nevada, New Mexico, Texas, Oklahoma, Louisiana, Mississippi, Arkansas, Missouri, Alabama, Georgia, Florida, Tennessee, […]

Masonite Donates Doors to San Diego Habitat for Humanity

Oct 2nd, 2012

Masonite recently donated the entry and interior doors to a San Diego Habitat for Humanity build in Imperial Beach, Calif. The 12-month project began in June and consists of four new homes for well-deserving families in the area. “The entry and interior doors donation from Masonite was a perfect fit for our organization,” says Lori […]

Masonite Reports Net Sales Increase for 2011 Fourth Quarter and Annual Results

Mar 2nd, 2012

Masonite International Corp. has announced results for the fourth quarter and year ended December 31, 2011. The company reported that net sales increased for both the fourth quarter and year ended. Net sales increased approximately 13.6 percent to $383.8 million in the fourth quarter of 2011, from $337.9 million in the fourth quarter of 2010. […]

Masonite Announces Acquisition of Birchwood Best

Nov 4th, 2011

Masonite Corp., announced that it has completed the acquisition of Birchwood Best headquartered in Birchwood, Wis. Birchwood is a producer of commercial/architectural wood flush door skins; as well as a producer of hardwood plywood. Birchwood employs approximately 240 people, with one facility in Birchwood, and a smaller location in Thorp. Birchwood’s 2010 revenue exceeded $40 […]