Quanex Completes Woodcraft Industries Acquisition

November 3rd, 2015 by Editor

Quanex Building Products Corp. has completed its acquisition of Woodcraft Industries. Woodcraft is a supplier of doors and components to leading original equipment manufacturers in the kitchen and bathroom cabinet industry.

“I am very pleased to formally welcome Woodcraft to the Quanex team,” says Bill Griffiths, Quanex’s chairman, president and chief executive officer. “The combination of our two highly complementary companies brings numerous benefits to Quanex, principally through the expansion of our addressable market to include the $3 billion kitchen and bath cabinet component industry. We are likewise committed to supporting Woodcraft’s stellar reputation for product excellence and customer service, and look forward to supporting their future growth opportunities.”

Woodcraft’s current management team, led by president Dale Herbst, will continue to operate the company from its St. Cloud, Minn., headquarters as a stand-alone, wholly-owned subsidiary of Quanex.

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