Posts Tagged ‘ North America ’

Third-Quarter Results Show Challenges for Door and Window Companies

Nov 13th, 2023

Publicly traded door and window companies released their third-quarter financial results in recent weeks, showing mixed outcomes across net sales and income. PGT Innovations (PGTI) represented a bright spot, showing a year-over-year increase in net sales of 4% at $400 million. PGTI’s success comes as the company returned nearly $30 million of capital to its […]

Smarter Windows and Doors – the Next Generation

Oct 5th, 2023

In a previous blog titled “Automating Door and Window Access,” I wrote about my desire to automate the opening of my sliding patio door to let our dogs in and out during times when we are away from home. I was able to achieve this with the installation of a unique system called Wayzn, which […]

AmesburyTruth Buys Further Into Composites With Acquisition of Lawrence Industries

Jul 13th, 2023

Officials for AmesburyTruth announced Wednesday that the company has completed the acquisition of Lawrence Industries, including its Thomasville, N.C.-based production facility. The move aligns with Amesbury’s strategy in North America to further develop its product offerings, officials said, most notably the addition of “impressive injection molding proficiencies.” Combined, the companies now have injection molding capabilities […]

Fourth-Quarter and Year-End Results Mostly Positive, Despite Challenging Year

Feb 27th, 2023

Four publicly traded door and window companies released financial results last week, showing mostly solid fourth-quarter and year-end results. Despite a housing market that slumped throughout 2022, net sales were up for Masonite and PGT Innovations in the fourth quarter. Meanwhile, reports from Fortune Brands Innovations (including Therma-Tru, Larson and Master Lock) weren’t as strong, […]

Masonite Invests $4.8M in Circular Innovation Fund to Scale Breakthrough Sustainability Innovations

Sep 26th, 2022

Masonite International Corp., designer, manufacturer, marketer and distributor of interior and exterior doors, has announced a $4.8M investment in the Circular Innovation Fund L.P. (CIF), a venture capital fund dedicated to advancing the circular economy by investing in growth-stage companies across North America, Europe and Asia. Investors in CIF believe it has the potential to […]

Masonite to ‘Closely Monitor’ North American Residential Market After Q2 Results

Aug 9th, 2022

Masonite International Corporation reports a 15% increase in year-over-year net sales, from $662 million to $762 million, for the second quarter of 2022. With net income for the quarter recorded at $59 million, an increase of 67% from this time last year, president and CEO Howard Heckes called his company’s performance “solid.” According to Masonite, […]

JELD-WEN Appoints John T. Krause to SVP and General Manager North America

May 27th, 2022

JELD-WEN Holding Inc. has announced the promotion of John T. Krause to senior vice president and general manager, North America, effective May 25. He will report to chair and CEO Gary S. Michel. Krause, currently JELD-WEN vice president and general manager for the North America windows business, succeeds Daniel Castillo, who is leaving the company. […]

Window Safety Week Observed April 3-9: How Will you Spread the Word?

Apr 4th, 2022

In partnership with the National Safety Council, the Window Safety Task Force encourages parents and caregivers to recognize the importance of practicing window safety during Window Safety Week, being observed April 3-9. Though spring is arriving in most of North America, open windows any time of year can be dangerous for young children who are […]

Novatech Group Celebrates 40th Anniversary

Mar 17th, 2022

This year marks 40 years for Canada’s window and door parts manufacturer Novatech Group. Headquartered in Sainte-Julie, Novatech Group has completed a series of strategic acquisitions in recent years that have grown the company beyond Québec. Founder Raymond Ouellette says he set out to provide door manufacturers with stained doorglass on March 16, 1982. He […]

Masonite Posts Another “Exceptional” Quarter, Revises Growth Targets

May 7th, 2021

Masonite International Corp. joins the ranks of those companies announcing increased first quarter sales recently, and of those modifying their growth projections for the year. The company’s net sales increased 17% to $646 million; and net income attributable to Masonite increased to $47 million from $30 million. The company now expects full-year 2021 net sales […]