Private equity (PE) money is pouring into the building products industry. The recent announcement of Ply Gem and Atrium being purchased by a PE firm is an indicator there will be even more PE companies coming into the building products space. Private equity has been around the industry but in my opinion, these companies never […]

Ply Gem might have a competing offer to its recently announced private-equity deal to merge with Atrium. Private-equity firm Hellman & Friedman could submit a bid for Ply Gem that beats the $2.4 billion offered by Clayton, Dubilier & Rice (CD&R), according to a report from the New York Post on Thursday that cites “two […]

The $2.4 billion private-equity transaction that was announced on Wednesday combining Ply Gem and Atrium brings the relationship between the door and window giants full circle. A little more than 20 years ago, they almost merged. DWM research shows that in 1997, Atrium tried to buy Ply Gem for $260 million, but Ply Gem backed out […]

Ply Gem and Atrium Windows & Doors have been simultaneously acquired by private-equity firm Clayton, Dubilier & Rice (CD&R), which will combine them to create a huge exterior building products company with total revenue of more than $2.4 billion. Under the agreement, CD&R will pay $21.64 per share to all holders of Ply Gem common […]

Atrium Windows and Doors’ Bruce Manning recently received Frost & Sullivan’s Manufacturing Leadership Award for enterprise technology leadership. The award recognizes Manning for his role in the successful implementation of Smartware Group’s Bigfoot CMMS solution to streamline internal communication processes, improve equipment and asset management, and enable corrective and preventive maintenance. Frost & Sullivan’s Manufacturing […]

Atrium Windows and Doors Inc. of Welcome, N.C., has issued a voluntary recall of its SafeHarbor vinyl impact windows after it was determined that the glass can separate from the frame during hurricane conditions, posing an impact injury hazard. The recall affects about 580 unts from the SafeHarbor Series 65 and 265 that were custom-manufactured […]

Atrium Corp., one of the largest manufacturers of vinyl and aluminum windows and patio doors in North America, has sold Thermal Windows and Doors, based in Murrysville, Pa., to a private investment group experienced in investing, managing and growing building products businesses. Terms of the deal were not announced. As part of the transaction, Gary […]

Some personnel changes have occurred recently at Thermal Industries, namely its president David Rascoe is no longer with the company and won’t be replaced, according to Tyson Schwartz, vice president of sales and marketing. Todd Rascoe, former vice president of operations has been replaced by Dan Novak. Schwartz adds that Thermal was the last of […]

Thermal Industries, a division of Atrium Companies, has recently named Tyson Schwartz vice president of sales and marketing. “Thermal Industries has over 50 years of great tradition, and I am extremely proud to add to that tradition and be part of the Thermal Industries family,” says Schwartz. “Tyson brings a strong track record of success […]