Posts Tagged ‘ Jeld-Wen ’

Jeld-Wen Experiences Revenue Growth, Impacts of Inflation

May 3rd, 2022

Jeld-Wen reports seven consecutive quarters of core revenue growth along with a 7.2% increase in net revenue from the same time last year. However, the company noted in its first-quarter results for 2022 a $26 million decrease in net income from one year prior, primarily resulting from inflation. Net revenue increased by 7.2% to $1,171.0 […]

Earth Day: More Than a 24-Hour Cycle

Apr 22nd, 2022

While individuals clean their neighborhoods and plant trees for the 52nd anniversary of Earth Day, many glass and window companies within the industry have already adopted the mindset that effectively observing the annual event requires more dedication than one day of attention allows. “Invest In Our Planet™” is the theme for Earth Day 2022, which […]

Steves and Sons Opposes Buyer in Court-Ordered Jeld-Wen Plant Sale

Mar 28th, 2022

The lawsuit between Steves and Sons Inc. and Jeld-Wen continues with Steves and Sons filing an objection to the report and recommendation for the sale of Jeld-Wen’s Towanda, Pa.-manufacturing plant. Lawyers for Steves and Sons did not mince words, opening the objection with the statement that, “Steves and Sons, Inc. didn’t fight this battle for […]

JELD-WEN Executive Wins National Recognition for Women in Manufacturing

Mar 7th, 2022

JELD-WEN’s Bonnie Davis will take the stage next month in Washington, D.C. where she will receive the Women in Manufacturing STEP Ahead Award, which honors women who have demonstrated excellence and leadership in their careers – from the factory floor to the C-Suite. Davis is one of 100 women nationwide to be honored by the […]

The International Builders’ Show: Who’s Going and What you Need to Know

Jan 24th, 2022

As with any trade show taking place amid COVID-19, or at any time for that matter, it’s hard to predict what attendance numbers will look like. But one thing is certain: show organizers and exhibitors are ready to come back after an online-only event in 2021. Despite the circumstances, the International Builders’ Show returns to […]

JELD-WEN Celebrates Opening of VPI Windows Plant

Jan 13th, 2022

JELD-WEN celebrated the grand opening of its new VPI Quality Windows manufacturing plant this week by announcing it is adding a second shift ahead of schedule, creating approximately 20 new jobs. JELD-WEN announced in May 2021 that it would invest $8 million in Statesville to establish the new production facility, with an annual payroll impact […]

Jeld-Wen Battles Insurer for Settlement Payment

Jan 6th, 2022

Six months after settling a class action lawsuit, the fight isn’t over for Jeld-Wen, as the company battles with Travelers Casualty and Surety Co. of America in an effort to make the insurance provider pay the last portion of a $40 million settlement. The insurance company argues that Jeld-Wen’s settlement is for a claim that […]

Supply Chain and Pricing Shifts Take Top Spots in [DWM]’s Most Read Stories of the Year

Dec 28th, 2021

It’s no surprise that when [DWM] editors looked at web stats to gather its top five stories of the year that supply chain issues—lumber specifically—were among the most read. Perhaps surprising, however, was that a [DWM] blog was the number one story. Then again, when you look at the topic (pricing) the surprise wanes a […]

Counsel in Class Action Lawsuit Against Jeld-Wen Seek Payment

Oct 26th, 2021

After securing a $40 million settlement to end the legal proceedings in a class-action, anti-trust suit against Jeld-Wen, the lawyers are seeking their share of payment. They’re asking for 25% of the settlement plus litigation expenses and interest. Six firms – Robbins Geller Rudman and Dowd, Labaton Sucharow, Cohen Milstein Sellers and Toll, O’Donoghue and […]

Jeld-Wen Brings on Farsad Fotouhi as VP of Sustainability and Social Governance

Oct 15th, 2021

Jeld-Wen announced that Farsad Fotouhi will join the company as vice president of Sustainability and Social Governance, effective October 18. He will be responsible for environmental, social and governance function (ESG) global. Fotouhi has more than 25 years of leadership experience in global health, safety, environment, and sustainability for multinational companies and government agencies. He […]

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