Masonite Acquires USA Wood Door

October 5th, 2015 by Editor

Masonite International Corporation has completed the acquisition of USA Wood Door, a wholesaler and fabricator of architectural and commercial wood doors.

USA employs approximately 50 people at a single site in Thorofare, N.J. USA’s net sales for the 12 months ended August 31, 2015, were approximately US $18 million. The purchase price for 100 percent of the outstanding shares was approximately $13 million, subject to standard adjustments.

“USA’s leadership in providing quick ship, value added architectural and commercial wood doors to door and hardware distributors is a natural extension of our North American architectural door business,” said Chris Virostek, Masonite’s senior vice president for strategy implementation and corporate development. “USA’s focus on speed, quality and flexibility complements the strategies we are pursuing with our business.”

“USA has shared a long and valued history with Masonite. The majority of the doors we hold for distribution are two of Masonite’s key brands, Algoma and Mohawk,” said John Krause, president of USA Wood Door. “Our team is excited to join the Masonite family and looks forward to the opportunities it will present for our employees and customers.”

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