Posts Tagged ‘ Woodgrain Inc. ’

Woodgrain Inc. Announces $7.5M Expansion in North Carolina

Dec 8th, 2022

Woodgrain Inc. announced a $7.5 million expansion to its door-hanging operation in Rocky Mount, N.C. The development adds 225,000 square feet, while bringing 42 jobs to Nash County. Woodgrain manufactures moulding, millwork, windows, doors, door jambs and door frames, and has been family-owned and operated since 1954. Headquartered in Idaho, the company has more than […]

Woodgrain Announces Extension of Tender Offer for Huttig Building Products

Apr 25th, 2022

Woodgrain Inc. has announced that it is extending its previously announced tender offer to purchase all outstanding shares of common stock of Huttig Building Products until 11:59 p.m. EST, on Monday, May 2, 2022. As announced in March, Woodgrain through its wholly owned subsidiary HBP Merger Sub, Inc., commenced a tender offer to purchase all […]

Woodgrain Purchase of Huttig Prompts Class-Action Lawsuit

Apr 18th, 2022

Don Reith filed a class action lawsuit against Huttig Building Products Inc. and its board of directors last week “for breaches of fiduciary duties in connection with the Board’s efforts to sell the Company to Woodgrain Inc.” The sale, announced in March, would see Woodgrain acquire all outstanding shares of Huttig for $10.70 per share […]

Woodgrain Inc. Announces Commencement of the Tender Offer for All Outstanding Shares of Huttig Building Products, Inc.

Mar 31st, 2022

Woodgrain Inc. has announced that its affiliate, HBP Merger Sub, Inc., commenced the previously announced cash tender offer for all of the issued and outstanding shares of Common Stock of Huttig Building Products Inc. at a price of $10.70 per share, net to the seller, in cash, without interest and less applicable withholding taxes. The […]

Woodgrain to Acquire Huttig Building Products

Mar 22nd, 2022

Woodgrain Inc. and Huttig Building Products Inc. have announced that the two companies have entered into a definitive agreement whereby Woodgrain will purchase Huttig, a distributor of millwork, building materials, and wood products. This acquisition will increase Woodgrain’s distribution network, its product offering, and its value-added services. “Huttig has a long history as a value-added […]

Woodgrain Inc. Investing in in Southwest Virginia Expansions

Aug 27th, 2021

Virginia Governor Ralph Northam has announced that Woodgrain Inc., a manufacturer of wood moulding and trim, will invest nearly $9 million to expand its operations in Smyth County and invest more than $8 million to purchase and expand the former Independence Lumber sawmill in Grayson County. These projects will create 100 new jobs, save 80 […]

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