Cardinal CT Acquires Assets of Catalina TemperingJuly 7th, 2014 by Editor
Cardinal CT Co., a subsidiary of Cardinal Glass Industries, has acquired the assets of Catalina Tempering, Inc. and its subsidiaries. The terms of the agreement are undisclosed.
Catalina operates seven regional custom tempering facilities serving the residential door and window market. “Over the last ten years, Catalina has built its business based on quality products and high levels of customer satisfaction. Founders Randy Steinberg and Dennis Jasmer have assembled an excellent management team and an experienced workforce which will be a great addition to Cardinal Glass,” says a letter to customers from Steve Nelson, president, Cardinal CG Company.
“With the conversion of the window and door industry to a more responsive, made to order format, the consumption of custom tempered glass by residential customers has been expanding at a rate nearly double that of window growth. Cardinal’s acquisition of Catalina will serve to expand Cardinal’s presence into new markets and ensure adequate custom tempering capacity for the foreseeable future,” the letter states.
Catalina will continue to operate under its current structure and anticipates servicing its customers with the same product offerings as in the past. Additionally, Catalina will have access to Cardinal’s coated glass products which will afford Catalina’s customer base an even broader array of high performance and Energy Star products.
Cardinal operates 32 manufacturing and fabrication sites throughout the U.S. With the acquisition of Catalina, a total of 39 facilities and 32 custom tempering furnaces will be available to service the markets.
“The synergy between custom tempering capacity, and Cardinal’s regional insulating glass production facilities, will expand Cardinal’s ability to serve customers throughout the U.S. and Canada,” adds Nelson.