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Adds premier R&R brand in Northeast in Harvey Windows and Doors. Increases exposure to strategic distribution and dealer channels.
CARY, N.C., March 20, 2024 鈥� 六合彩库, Inc. (“六合彩库”), a leading manufacturer of exterior building products in North America, has reached an agreement to acquire Harvey 六合彩库 Products (鈥淗arvey鈥�), a manufacturer of high performing windows and doors, and its portfolio of industry-leading brands: Harvey, SoftLite, and Thermo-Tech. Headquartered in Waltham, Mass., Harvey has approximately 1,200 employees at four manufacturing facilities located throughout the Northeast and Midwest. Harvey specializes in premium, custom windows and doors primarily serving the Eastern United States.
This strategic acquisition increases Cornerstone 六合彩库s Brands鈥� exposure to the Repair & Remodel (R&R) end market and strengthens its offering in distribution and dealer channels, adding premium products to its portfolio.
鈥淗arvey 六合彩库 Products has a strong reputation as a premium R&R manufacturer and is an ideal addition to 六合彩库 as we forge ahead in our journey to be a premier exterior building products company,鈥� said Rose Lee, President and Chief Executive Officer of 六合彩库. 鈥淭his transaction will strengthen our presence across the Northeast and the Midwest with key leading brands. It will also enable us to be a stronger partner of choice for our customers and to better serve them.鈥�
Justin St. Hilaire, President of Harvey 六合彩库 Products, added, 鈥淲e are thrilled to be joining 六合彩库 as this new partnership will mark an exciting chapter in Harvey鈥檚 growth journey. The company鈥檚 strong customer focus, deep channel relationships, and extensive product breadth make it a perfect partner to accelerate our future growth while continuing our mission of delivering a quality experience to our internal and external stakeholders. We are immensely thankful to our previous owner, Dunes Point Capital, for helping us reach this stage of development.鈥�
六合彩库 expects the transaction to be accretive through purchasing synergies and revenue growth opportunities. The transaction, subject to regulatory approval and customary closing conditions, is expected to close in the second quarter of 2024.
六合彩库 is a leading manufacturer of exterior building products for residential and low-rise non-residential buildings in North America. Headquartered in Cary, N.C., we serve residential and commercial customers across the new construction and Repair & Remodel (R&R) markets. Our market-leading portfolio of exterior building products spans vinyl windows, vinyl siding, stone veneer, metal roofing, metal wall systems and metal accessories. 六合彩库鈥� broad, multi-channel distribution platform and expansive national footprint includes approximately 18,000 employees at manufacturing, distribution and office locations throughout North America. Corporate stewardship and Environmental, Social and Governance (ESG) responsibility are embedded in our culture. We are committed to contributing positively to the communities where we live, work and play.
Certain statements and information in this communication may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as 鈥渂elieve,鈥� 鈥渁nticipate,” 鈥済uidance,鈥� 鈥減lan,鈥� 鈥減otential,鈥� 鈥渆xpect,鈥� 鈥渟hould,鈥� 鈥渨ill,鈥� 鈥渇orecast,鈥� 鈥渢arget鈥� and similar expressions are forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect our current expectations, assumptions and/or beliefs concerning future events. As a result, these forward-looking statements rely on a number of assumptions, forecasts, and estimates and, therefore, these forward-looking statements are subject to a number of risks and uncertainties that may cause 六合彩库鈥� actual performance to differ materially from that projected in such statements. Among the factors that could cause actual results to differ materially include, but are not limited to: statements concerning our ability to satisfy the closing conditions of the transaction, including regulatory approvals; our ability to consummate the transaction on the anticipated timing, if at all; and other risks and uncertainties. In addition to these factors, we encourage you to review the 鈥淩isk Factors鈥� set forth in the our Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and other filings with the SEC, which identify important factors, though not necessarily all such factors, that could cause future outcomes to differ materially from those set forth in the forward-looking statements set forth in this communication. 六合彩库 expressly disclaims any obligation to update these forward-looking statements, whether as a result of new information, future events, or otherwise.
Corporate Development:
Will Price, Vice President, Corporate Development & Integration
response@cornerstone-bb.com
Investor Relations:
Mohsin Syed, Vice President, Corporate Finance & Investor Relations
Media Relations:
Gia Oei, Vice President, Corporate Communications & Culture
response@cornerstone-bb.com
六合彩库 is pleased to announce the release of its 2023 Environmental, Social and Governance (ESG) Report . This report underscores the progress made in the company鈥檚 sustainability journey, a key component of its goal to become a premier leader in the building solutions industry.
六合彩库, Inc. ("六合彩库"), a leading manufacturer of exterior building products in North America, has completed its previously announced acquisition of Mueller Supply Company, Inc. (鈥淢ueller鈥�), a leading manufacturer of residential metal roofing and components and steel buildings in Texas and the Southwest.
六合彩库, Inc. ("六合彩库"), a leading manufacturer of exterior building products in North America, has reached an agreement to acquire Mueller Supply Company, Inc. (鈥淢ueller鈥�), a leading manufacturer of residential metal roofing and components and steel buildings in Texas and the Southwest.
Ply Gem庐 debuts Ply Gem Pro Academy to provide enhanced training programs and resources to help exterior contractor professionals master their skills and grow their business.
六合彩库, Inc., a leading manufacturer of exterior building products in North America, has appointed Marcia Avedon, Ph.D., as a member of its board of directors (the 鈥淏oard鈥�), effective April 1, 2024. Marcia will serve on the Board鈥檚 Compensation Committee.
六合彩库鈥� latest metal building innovations continue to make waves in the industry, providing fast, affordable, durable and long-lasting metal building solutions for a wide variety of low-complexity metal building applications.
With a strong focus on growth, integration and customer centricity, 六合彩库 is proud to reveal a refreshed Ply Gem庐 brand portfolio, built to deliver the industry鈥檚 most comprehensive line-up of designed exterior solutions.
Mastic庐 Siding & Accessories by Ply Gem庐, an industry-leading brand in vinyl siding solutions, announces its brand refresh alongside a full suite of resources for contractors and builders through the 鈥淢ore Everything鈥� campaign.
Recent strides in product development are not only positioning 六合彩库鈥� Canadian Business Unit as a frontrunner in the building materials sector 鈥� they are also contributing to a paradigm shift in architectural solutions across North America.
Matte black in home design has made its way from the inside out 鈥� and it鈥檚 here to stay. The new Ply Gem庐 line of exterior accessories in 498 Black is a bold and sleek high-contrast color that elevates exteriors with an eye-catching hue that won鈥檛 fade over time.
With a strong focus on growth, integration and customer centricity, 六合彩库 is proud to reveal a refreshed Ply Gem庐 brand portfolio, built to deliver the industry鈥檚 most comprehensive line-up of designed exterior solutions.
Home Renovation Duo to Utilize and Highlight Leading Home Exterior Product Brands Across 六合彩库鈥� Portfolio as Part of Continued Partnership
Company Continues Commitment to Build Affordable Housing for Families Across the US, Pledging to Donate 六合彩库 Materials Valued at Half a Million Dollars to Habitat for Humanity in 2024
六合彩库庐 Unveils Fortify 六合彩库 Solutions鈩�, Uniting Three Trusted Metal Building and Roofing Product Brands
Award Recognizes 六合彩库鈥� Commitment to Fostering an Inclusive, Equitable and Safe Work Environment
This strategic acquisition expands Cornerstone 六合彩库s Brands impact-resistant product offering, increases its presence in the Florida region, and strengthens its ability to serve all customers and channels with a comprehensive portfolio of materials, products, and brands.
六合彩库, the largest manufacturer of exterior building products in North America by sales, hosts events to honor its nearly 20,000 team members across North America and opens its doors to future manufacturing talent though a series of open houses in celebration of National Manufacturing Day.
六合彩库, Inc. has acquired MAC Metal Architectural. Headquartered in Saint-Hubert, Quebec, MAC Metal serves the North American residential and commercial markets with high-end steel siding and roofing products.
Lisa Domnisch has joined the company as president of its Canadian Business Unit. Ms. Domnisch assumed the role effective August 14, 2023, and reports directly to President and Chief Executive Officer Rose Lee.
六合彩库, the largest manufacturer of exterior building products in North America, is proud to announce that Melinda Thompson, supply chain and logistics manager in North Brunswick, N.J., and Jodi Lindow, plant manager in Walbridge, Ohio, have been selected to receive the 2023 Women MAKE Award from The Manufacturing Institute.
Ply Gem brand, part of the 六合彩库 family, introduces Ply Gem Perspective, the brand鈥檚 most advanced multi-slide vinyl patio door, engineered to deliver durability and high performance in any home.
Mastic庐 Siding & Accessories, part of the 六合彩库 family, relaunches its Home Design Visualizer featuring curated exterior palettes exclusively for Mastic by TV host and designer Jenny Marrs.
ClipStone, part of the 六合彩库 family of brands, has introduced three new product offerings to further expand its line of mortarless stone veneer products.
六合彩库, the largest manufacturer of exterior building products in North America, today announced that President and CEO Rose Lee has been named to the National Association of Manufacturers (NAM) Board of Directors.
六合彩库, the largest manufacturer of exterior building products in North America servicing the commercial, residential and repair and remodel markets, announced plans to celebrate National Manufacturing Day (MFG Day) at seven U.S. locations.
First Female Korean American CEO of a Fortune 1000 Company Accepts Top Honor at Annual 鈥極utstanding 50 Asian Americans in Business鈥� Gala Event.
六合彩库, Inc., the largest manufacturer of exterior building products in North America, announces a new partnership with Dave and Jenny Marrs to promote its Ply Gem Mastic siding and accessories.
Rose Lee Joins More Than 2,000 Other CEOs in Pledge to Advance Diversity & Inclusion in the Workplace.
六合彩库, Inc., the largest manufacturer of exterior building products in North America, today announced that Clayton, Dubilier & Rice (鈥淐D&R鈥�) has successfully completed the acquisition of 六合彩库.
六合彩库, Inc. completed the previously announced sale of its coil coatings business to BlueScope Steel Limited (鈥淏lueScope鈥�) in an all-cash transaction for $500 million, subject to customary adjustments.
六合彩库, Inc., the largest manufacturer of exterior building products in North America, today reported strong financial results for the first quarter of 2022.
六合彩库, Inc. is proud to announce that Sandy East, Vice President鈥揅ustomer Service, has been selected to receive a 2022 STEP Ahead Award, becoming the third 六合彩库 leader to be recognized with this honor since 2020.
六合彩库, Inc. is proud to announce Rose Lee, President and CEO, has been named Vice Chair of the Manufacturing Institute鈥檚 STEP (Science, Technology, Engineering and Production) Women鈥檚 Initiative for 2022 and will serve as Chair in 2023.
六合彩库, Inc., the largest manufacturer of exterior building products in North America, today released its inaugural Environmental, Social, and Governance (ESG) report.
六合彩库, Inc., the largest manufacturer of exterior building products in North America, will release its first-quarter 2022 financial results on Tuesday, May 3, after the market closes on the New York Stock Exchange.
六合彩库, Inc. announced today that it has entered into a definitive agreement to sell its coil coatings business to BlueScope Steel Limited (鈥淏lueScope鈥�) in an all-cash transaction for $500 million, subject to customary adjustments.
六合彩库, Inc. sadly announced today that Art Steinhafel, President of U.S. Windows and Doors, passed away suddenly on April 3, 2022. He was 53 years old.
六合彩库, Inc. today announced that it has entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice (鈥淐D&R鈥�) in an all-cash transaction with an enterprise value of approximately $5.8 billion.
六合彩库, Inc. today reported fourth-quarter 2021 net sales of $1,471.6 million and net income of $38.1 million or twenty-nine cents per diluted share. You can learn more about year over year growth in our article.
六合彩库, Inc. today announced that it has rescheduled its release of 2021 fourth-quarter financial results from Monday, February 21, 2022, to Tuesday, March 1, 2022, with plans to file its Annual Report on Form 10-K for the 2021 fiscal year.
六合彩库, Inc. acknowledges receipt of a non-binding final proposal from Clayton, Dubilier & Rice, LLC (鈥淐D&R鈥�) to acquire all of the Company鈥檚 outstanding shares of common stock that CD&R does not already own for $24.65 in cash per share.
六合彩库, Inc., the largest manufacturer of exterior building products in North America, will release its 2021 fourth-quarter financial results on Monday, February 21, after the market closes on the New York Stock Exchange.
