Posts Tagged ‘ investment ’

Considering Additional Equipment Purchases? It Pays to Decide Before Year End

Nov 17th, 2022

Take advantage of Section 179. The 2022 Section 179 deduction is $1,080,000 (that’s one million, eighty thousand dollars). That’s a full 30k increase from last year. This means your company can buy/lease/finance new or used equipment and write off the full cumulative purchase price on your 2022 taxes. This can result in big tax savings, […]

Masonite Invests $4.8M in Circular Innovation Fund to Scale Breakthrough Sustainability Innovations

Sep 26th, 2022

Masonite International Corp., designer, manufacturer, marketer and distributor of interior and exterior doors, has announced a $4.8M investment in the Circular Innovation Fund L.P. (CIF), a venture capital fund dedicated to advancing the circular economy by investing in growth-stage companies across North America, Europe and Asia. Investors in CIF believe it has the potential to […]

Replacing Knowledge After the Great Retirement

Jun 13th, 2022

Who’s the most knowledgeable person on your plant floor? Who’s the person you turn to when a problem arises? Is that person the same one it might have been two years ago? The fenestration industry’s ongoing struggle with labor is well established. A lot of focus is commonly put on simply being short on manpower. […]

Vitro Board of Directors Approves Construction of New Float Furnace

Jun 28th, 2021

Vitro announced that its board of directors has approved the construction of a third float furnace at the company’s García plant near Monterrey, Mexico. The approximately $120 million investment will allow the company to meet growing market demand in Latin America, officials said, with greater product availability and improved logistics. “Board approval of the construction […]

Jeld-Wen Investment Expanding VPI Quality Windows

May 6th, 2021

Jeld-Wen Holding Inc. has announced it is making an approximately $8 million investment to expand its footprint in North Carolina. The company will be opening a new manufacturing facility in Statesville to grow its VPI Quality Windows brand. VPI is a provider of high-quality custom windows for multi-family, and commercial applications. The new facility will […]

Dow Announces New Investment Plans

Sep 12th, 2018

The Dow Chemical Company (Dow) recently announced new low capital intensity, high return investments in its upstream and downstream silicones franchise to accelerate innovation and support global customers’ demand in high growth markets. These include high performance building, home and personal care, electrical and industrial, consumer goods and components assembly. Their investment plan includes: A […]

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