June 4, 2018 - VELUX Canada, the Canadian sales company of the VELUX Group, has announced that its sister company, VELUX America has acquired Wasco Products Inc. This purchase will broaden the VELUX commercial daylighting capabilities in the Canadian market.
May 9, 2018 - Richelieu Hardware has announced the closing of the acquisition of the principal net assets of Weston Premium Woods Inc., an Ontario based distributor located in Brampton, on the outskirts of Toronto. A leader in its field, Weston distributes a diverse range of materials, decorative products and hardwoods targeted to an extensive customer base of kitchen and bathroom cabinet, storage and closet, home furnishing and office furniture manufacturers, as well as residential and commercial woodworkers. This acquisition, the first in 2017 for Richelieu, represents additional sales of approximately $60 million on an annual basis.
Symposiums, safety expos, and national safety awards are some of the hundreds of celebratory events occurring throughout Canada as part of North America Occupational Safety (NAOSH) Week, May 6-12.
May 3, 2018 - EuroVinyl Windows in Woodbridge, Ont., has expanded to accommodate production of its Evolution sliding door, and released this slick video to introduce the new facility. Watch as president Chris Meiorin and his team prepare the new 10,000-square-foot space for installation of their new Urban glazing bead saw, an AXYZ CNC router, a Sturtz secondary footlock router and an array of drills, stands, assembly tables, storage racks and punch stations.Check out EuroVinyl's site.
Apr. 25, 2018 - REHAU has announced plans to adjust its window solutions division in Canada and the United States. As a result, REHAU will close its manufacturing plant in Winnipeg, Manitoba by the end of 2018.
Rick Pries has started his own company, FenestrationPro, and is now offering his services as an independent consultant to the Canadian window and door industry. FenestrationPro offers testing and field evaluations, vendor evaluations project management and other services leveraging Pries' more than 30 years in the industry. He is located in Wizard Lake, Alta.
Provincial Glass and Mirror in London, Ont., opened its doors to the media and city dignitaries for a tour and ribbon-cutting ceremony at its new Horton Street location. The 34-year-old company has relocated from its prior facility on York Street and approximately doubled the space it has to operate in with the acquisition of the former Canada Computers space. The move included putting on a snazzy new facade and completely renovating the office space and fabrication shop. All-told, Provincial now has 12,000 square feet to play in, and owner Brett Lucier is thrilled to be able to turn around with his arms outstretched in the spacious new shop.
Mar. 8, 2018 - Canadian Manufacturers & Exporters (CME) is proudly hosting the first Women in Manufacturing (WIM) Success Forum to bridge the alarming gender gap in the manufacturing sector labour force. The event, held on International Women's Day, is a celebration of the successes of women and is the first event of its kind to encourage mentorship, community-building and experience-sharing amongst female peers.
Mar. 2, 2018 - SAWDAC has announced that it has once again partnered with GuildQuality to power the third annual SAWDAC Service Excellence Award.
OpenGate Capital has announced in a joint statement with its portfolio company, Energi Fenestration Solutions, Ltd. (“Energi”), a Woodbridge, Ontario, Canada headquartered manufacturer of rigid and cellular vinyl window profiles and patio doors and other extruded vinyl products that Energi has appointed Mr. Christopher Koscho as Chief Executive Officer, effective immediately.
All Weather Windows has announced it concluded the sale of its Ontario operations and most of its assets to Ventana Windows & Doors on January 31. The Edmonton-based fabricator described the move as a strategic repositioning to focus on its commercial architectural activities, which have seen strong growth over the last year.
The Natural Resources Canada’s Office of Energy Efficiency hosted a meeting in Ottawa with industry leaders from the fenestration industry Feb. 6 to further develop a strategy to prepare fabricators and dealers for anticipated tightening of energy efficiency standards. Dubbed a “market transformation” effort, this meeting was focused on barriers to deployment of high-performance fenestration products and how to overcome those barriers. In other words, the question was “How can we get Canadians used to purchasing and installing windows with at least a 1.2 U-factor by 2025?”
Feb. 6, 2018 - Ply Gem Holdings, Inc., and Clayton, Dubilier & Rice (CD&R) have announced a definitive agreement under which CD&R funds will acquire all of the outstanding shares of Ply Gem common stock in a go-private transaction valued at approximately $2.4 billion. Ply Gem’s board of directors unanimously approved the agreement, which provides for the payment of $21.64 per share in cash to all holders of Ply Gem common stock. The cash purchase price represents a premium of approximately 20% over Ply Gem’s closing stock price on January 30, 2018. Promptly following entry into the agreement, stockholders holding greater than 50% of the outstanding shares of Ply Gem common stock executed a written consent to approve the transaction, thereby providing the required stockholder approval.
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