Posts Tagged ‘ PGT ’

PGT Reports Positive Third Quarter Results

Oct 31st, 2014

PGT Inc. has good news for its investors in its third quarter 2014 financial results. “This is an exciting time for PGT,” says CEO Rod Hershberger. “During the past quarter we completed the acquisition of CGI Windows and Doors Inc., adding another market leading brand to our portfolio, a manufacturing facility in Miami, and approximately […]

PGT Finalizes CGI Windows and Doors Acquisition

Sep 23rd, 2014

PGT, Inc. will expand its reach into the impact-resistant fenestration industry with its completed acquisition of CGI Windows and Doors Holdings, Inc (CGI). The transaction, valued at approximately $111 million, is consistent with PGT’s plan to grow strategically while contributing to earnings growth through targeted acquisitions of complementary specialty products. “Today we welcome the entire […]

M&A Activity Continues

Sep 18th, 2014

The brisk pace of M&A in the window and door industry continued in the past few months with three noteworthy acquisitions. At the end of July, PGT announced it would acquire CGI Windows. The $111 million value of the deal and the fact that it was funded in part with a new debt facility are […]

PGT to Acquire CGI Windows & Doors

Jul 29th, 2014

PGT02

Two major manufacturers of impact-resistant doors and windows will join forces as PGT Inc. has entered into a definitive agreement to buy CGI Windows & Doors Holdings Inc. (a portfolio company of Cortec Group Fund, IV, LP). CGI will become a wholly-owned subsidiary of PGT. PGT says the transaction, valued at approximately $111 million, is […]

PGT Industries Set to Join the S&P SmallCap 600

May 5th, 2014

PGT announced that it became a component in the S&P SmallCap 600(R) index after the close of trading on Friday, May 2. The S&P SmallCap 600(R) is an index of 600 companies from leading industries with a market capitalization of $350 million to $1 billion. It is designed for investors seeking to replicate the performance […]

PGT Reports Dramatic Spike in Net Sales for 2013

Feb 21st, 2014

PGT Inc. reported a drastic increase in net sales over the year, as well as gross margin when it reported its financial results for the fourth quarter and year ended December 28, 2013. According to PGT, it saw net sales of $62.0 million, an increase of $16.8 million, or 37.2 percent as well as a […]

Energy and Optimism Abounds as Builders’ Show Opens in Vegas

Feb 4th, 2014

Kolbe unveils the VistaLuxe Collection which draws on contemporary styles.

The International Builders’ Show opened this morning in Las Vegas, and if the signs in rising housing starts and rising attitudes, are any indication, the event should be one filled with good news and innovative products. Many members of the door and window industry are in attendance and industry suppliers have a wide variety of […]

PGT Reports Third Quarter Results

Nov 1st, 2013

PGT Inc. announces financial results for its third quarter and the company says it delivered its highest quarterly sales since the first quarter of 2007 coming in at $64.9 million, up 45 percent over the third quarter of 2012. “A combination of improving market conditions and marketing programs focused on both consumers and dealers targeting […]

PGT Partners with PulteGroup

Jun 27th, 2013

PGT Industries has partnered with PulteGroup, whose national brand portfolio includes Pulte Homes, Centex, DiVosta and Del Webb. All communities in South Florida will feature PGT doors and windows, including products from PGT’s impact-resistant WinGuard line. “We appreciate the confidence PulteGroup sees in the PGT brand,” says Todd Antonelli, PGT’s vice president of sales and […]

“Innovative” Thoughts from AAMA

Feb 26th, 2013

This week I am attending the annual meeting of the American Architectural Manufacturers Association (AAMA) and one of the key themes was innovation. For the full presentations on this topic click here but here are some additional observations.When Robert Tucker encouraged companies to focus on innovative products and systems he reminded them to not stop […]