Posts Tagged ‘ Howard Heckes ’

Jeld-Wen, Masonite Report Third Quarter Increases

Nov 8th, 2022

Third-quarter financial reports are rolling in and at least two major players in the door and window manufacturing industry are reporting similar, steady increases over last year’s third quarter. Jeld-Wen Holdings closed its third quarter on September 24 and dropped the report on Halloween. The company reports a 13% increase in net revenue, resulting in […]

Masonite International Corporation to Acquire Endura Products

Nov 3rd, 2022

This morning Masonite International Corporation announced that a wholly-owned subsidiary has entered into a definitive agreement to acquire the holding company of Endura Products, for approximately $375 million in cash. The transaction is subject to customary closing adjustments and regulatory approval. Endura is an innovator and manufacturer of high-performance door frames and door system components […]

Masonite to ‘Closely Monitor’ North American Residential Market After Q2 Results

Aug 9th, 2022

Masonite International Corporation reports a 15% increase in year-over-year net sales, from $662 million to $762 million, for the second quarter of 2022. With net income for the quarter recorded at $59 million, an increase of 67% from this time last year, president and CEO Howard Heckes called his company’s performance “solid.” According to Masonite, […]

Masonite Reports “Exceptional Start” to 2022

May 10th, 2022

Last week, Masonite International Corporation announced results for the three months ended April 3, 2022. The company reports that its net sales were up 12% year over year, from $646 million in the first quarter of 2021 to $726 million. The increase resulted from a 15% increase in average unit price (AUP), partially offset by […]

Masonite Names James Pelletier as General Counsel and Corporate Secretary

Apr 5th, 2022

Masonite International Corporation has announced that James “Jim” Pelletier has joined the company as senior vice president, general counsel and corporate secretary. He replaces Robert “Bob” E. Lewis. “Bob made significant contributions to grow Masonite since joining the company in 2012,” said Howard Heckes, president and CEO, Masonite. “In addition to playing an important role […]

Masonite International Corp Announces $200 Million Additional Share Repurchase Program

Feb 24th, 2022

Masonite International Corp. has announced that its Board of Directors has approved a new share repurchase program allowing the company to repurchase up to an additional $200 million of its outstanding common shares. The new authorization, plus approximately $156 million currently available under its existing share repurchase authorization approved in August 2021, provides the company […]

CES 2022 Features Some Very Smart Doors

Jan 11th, 2022

CES 2022 took place last week in Las Vegas, and while reports show lower attendance than previous years due to COVID-19, a few players in the door hardware space, and glass, still came armed with their latest innovations. The annual event is one that unveils the newest consumer electronic technology. The biggest introduction came from […]

Masonite Reports Net Sales Increase While Labor and Logistical Challenges Remain

Nov 15th, 2021

Masonite International Corp. reported net sales increased 11% to $652 million for the third quarter of 2021, versus $588 million for the previous year. Net income attributable to Masonite increased to $38 million from a $22 million loss. “We delivered another quarter of year-on-year net sales growth as a result of favorable pricing actions across […]

Masonite Holds Ribbon Cutting on New Headquarters

Nov 11th, 2021

Masonite hosted a ribbon-cutting ceremony at its corporate headquarters building in the Ybor City area of Tampa, Fla., last week. The building was completed in early 2020, and Masonite employees began working on site on a full time, flexible basis in the summer of 2021. The 56,000 square-foot facility is known to Masonite employees as […]

Masonite Names Chris Ball as President, Global Residential

Sep 9th, 2021

Masonite International Corp. has announced that Chris Ball has joined the company as president, Global Residential. He replaces James A. “Tony” Hair, who submitted his resignation in August. “Chris has an extensive background leading global teams to drive growth,” said Howard Heckes, president and CEO. “I believe his leadership style, knowledge, and relevant experience will […]

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