Posts Tagged ‘ Associated Materials ’

Associated Materials Investing for Customer Experience and Remodeling Boom

Apr 18th, 2024

Associated Materials announced it will commit more than $100 million in investments to upgrading and increasing capacity across all of its major product categories. The investment is part of what officials called an “ongoing transformation strategy,” focusing on people, equipment, digital technologies, and “new ways of working.” Changes are geared toward strengthening the customer experience […]

Associated Materials Downsizing, to Lay Off 130 Workers in Ohio

Mar 27th, 2024

Associated Materials (parent company to Alside, Gentek, Alpine Windows and Preservation) filed a notice of Worker Adjustment and Retraining Notification (WARN) with the Ohio Office of Workforce Development on March 21, revealing plans to reduce its workforce in Cuyahoga Falls, Ohio. According to the notice, more than 130 workers are slated to lose their jobs […]

Associated Materials Sues Insurer Over Legal Fees

Jan 31st, 2024

In the midst of defending itself from a lawsuit for allegedly providing defective products, door and window manufacturer Associated Materials is embroiled in a series of lawsuits involving Markel American Insurance Co. (Markel). Associated Materials accuses Markel of breaching its duty by refusing to pay the rates billed by the legal representation the company chose […]

Alside Opens Three New Supply Centers

May 22nd, 2023

Associated Materials recently opened three new Alside supply centers, including a 20,000-square-foot facility in Conway, S.C. The site, which is based in the Myrtle Beach metropolitan area, is a palletized warehouse offering manufactured Alside siding and windows, along with a variety of other products, including fiber cement siding, doors and decking. Additionally, a 63,200-square-foot building […]

Two Companies Celebrate Milestone Anniversaries

Oct 13th, 2022

It’s not easy to start a company and even harder to establish one that lasts the tests of time—and economy—so celebrating milestone anniversaries like 50 and 75 years in business is reason to celebrate. A Quanex location and all of Associated Materials are celebrating in 2022. On Oct. 5, Quanex’s Rice Lake Plant celebrated 50 […]

SVPGLOBAL to Acquire Associated Materials

Feb 2nd, 2022

Associated Materials and global investment firm SVPGLOBAL jointly announced that they have entered into a definitive agreement for funds managed by SVPGLOBAL to acquire Associated Materials. “Associated Materials is a strong business with some of the top brands in North American siding and windows and is well-positioned in home product markets that are seeing very […]

Associated Materials Recapitalizes to Strengthen Balance Sheet

Aug 4th, 2020

Associated Materials, a North American manufacturer and distributor of exterior building products, announced Monday that it has entered into definitive agreements for a series of recapitalization transactions that the company says will de-lever its balance sheet and enhance its liquidity position significantly. Under the transactions, holders of over 99% of the Company’s $675 million 9% […]

Report: Ply Gem Could Get Another Purchase Offer

Feb 8th, 2018

Ply Gem might have a competing offer to its recently announced private-equity deal to merge with Atrium. Private-equity firm Hellman & Friedman could submit a bid for Ply Gem that beats the $2.4 billion offered by Clayton, Dubilier & Rice (CD&R), according to a report from the New York Post on Thursday that cites “two […]

Associated Materials to Close Plant, Lay Off 87 Workers

Oct 12th, 2017

Associated Materials is closing its Alpine Window Systems plant in Bothell, Wash., and will lay off 87 workers by late November as the company moves operations to a new facility in Fife, Wash., about 45 miles away. It’s unclear how many employees work at the Bothell plant. It’s also unclear if the dismissed workers will […]

Associated Materials Seeks Dismissal of Melted Siding Lawsuit

Dec 9th, 2016

Associated Materials of Cuyahoga Falls, Ohio, the makers of Alside siding, filed a motion to dismiss a class-action lawsuit that accuses the company of not honoring warranties for siding that plaintiffs say might have been melted by heat reflected from windows. The motion, filed on December 5 in the U.S. District Court in Portland, Ore., […]