Third-quarter financial reports are rolling in and at least two major players in the door and window manufacturing industry are reporting similar, steady increases over last year’s third quarter. Jeld-Wen Holdings closed its third quarter on September 24 and dropped the report on Halloween. The company reports a 13% increase in net revenue, resulting in […]

Masonite International announced last week a proposal to issue $300 million aggregate principal amount of senior unsecured notes due 2030 in a private offering. The company says the offer is exempt from the registration requirements of the Securities Act of 1933, as amended, subject to market and other conditions. The company intends to use the […]

Masonite International Corporation has named Howard C. Heckes its president and chief executive officer. Effective June 3, 2019, Heckes will succeed current Masonite president and CEO, Fred Lynch, who previously announced his plans to retire. Heckes is currently the CEO of Energy Management Collaborative, a privately-held company providing LED lighting and controls and internet of […]

Masonite International will expand its operations in Denmark, S.C.,  creating 50 new jobs over the next year, with additional growth expected in the years to come. According to a release from the South Carolina Department of Commerce, the 50 new positions will allow Masonite to add another auto line shift. TAdditional growth and capacity increases are expected to […]

Masonite International Corp. has completed its $16 million acquisition of Performance Doorset Solutions Ltd., a U.K.-based supplier of custom doors and millwork that specializes in non-standard product specifications for wood and composite products. PDS employs about 150 in Lancashire, England. Net sales for the fiscal year that ended in April 2015 were in excess of […]

Nottinghamshire, U.K.-based door manufacturer Door-Stop International has been acquired by Canadian trade buyer Masonite International Corp. for £30 million British pounds ($50 million USD) in a deal advised by Clearwater Corporate Finance. Established in 2008, Door-Stop is a U.K. manufacturer and distributor of “ready-to-fit” composite exterior residential doorsets with an expanding nationwide customer base of […]