Four publicly traded door and window companies released financial results last week, showing mostly solid fourth-quarter and year-end results. Despite a housing market that slumped throughout 2022, net sales were up for Masonite and PGT Innovations in the fourth quarter. Meanwhile, reports from Fortune Brands Innovations (including Therma-Tru, Larson and Master Lock) weren’t as strong, […]

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 […]

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, […]

JELD-WEN Holding Inc. has announced the promotion of John T. Krause to senior vice president and general manager, North America, effective May 25. He will report to chair and CEO Gary S. Michel. Krause, currently JELD-WEN vice president and general manager for the North America windows business, succeeds Daniel Castillo, who is leaving the company. […]

In partnership with the National Safety Council, the Window Safety Task Force encourages parents and caregivers to recognize the importance of practicing window safety during Window Safety Week, being observed April 3-9. Though spring is arriving in most of North America, open windows any time of year can be dangerous for young children who are […]

This year marks 40 years for Canada’s window and door parts manufacturer Novatech Group. Headquartered in Sainte-Julie, Novatech Group has completed a series of strategic acquisitions in recent years that have grown the company beyond Québec. Founder Raymond Ouellette says he set out to provide door manufacturers with stained doorglass on March 16, 1982. He […]

Masonite International Corp. joins the ranks of those companies announcing increased first quarter sales recently, and of those modifying their growth projections for the year. The company’s net sales increased 17% to $646 million; and net income attributable to Masonite increased to $47 million from $30 million. The company now expects full-year 2021 net sales […]

Jeld-Wen Holding Inc. announced first quarter financial results last week and reported that net revenue increased by 11.6% to $1.1 billion. Core revenue growth occurred across all three segments, but was led by North America core revenue growth of 9%. These numbers allowed the company to revise its projections for the full year: Net revenue growth is now […]

The Board of Fenestration Manitoba voted to elect Gord Seier as its new president on March 10, following Al Dueck, who had previously announced his intention to step down from the role. In a press release issued after the vote, Fenestration Manitoba said, “The Board of Directors wishes to thank Al Dueck for his unwavering […]

The Fensterbau show kicked off in Nuremburg, Germany, today and the message is clear: exhibitors report strong growth in the U.S. market across the board. They also say they expect a strong contingent of U.S and Canadian exhibitors to their booths, much higher than in past years. Take the hardware companies, for example: “In 2015, […]