The building products segment is seeing merger and acquisition activity accelerate on the heels of improving market fundamentals, according to an industry report released by Brown Gibbons Lang & Company (BGL). Growing investor appetite is broad-based, spanning both residential and commercial construction end markets, the release reads. According to BGL, the door and window industry is […]

Fortune Brands Home & Security Inc. has completed the sale of Simonton Windows to Ply Gem Holdings Inc. The Simonton business was sold for approximately $130 million, or roughly 10 times 2014 earnings before interest, taxes, depreciation and amortization. The Simonton sale is expected to reduce Fortune Brands’ second half 2014 earnings per share from […]

Cary, N.C.-based Ply Gem Holdings Inc. announced financial results for the quarter ended March 29, 2014, saying the company took a hit as a result of the winter weather. Highlights from the report include total net sales for the first quarter increased 4.8 percent to $269.5 million. Additionally, net sales in the windows and doors […]

Ply Gem Holdings, Inc. announced it has seen total net sales increase to the tune of 23.9 percent during the fourth quarter. Additionally, the company’s doors and windows segment net sales spiked 31.5 percent during the fourth quarter, according to Ply Gem’s recently released financial results for the fourth quarter and year ended December 31, […]