Door-Window Manufacturers in North Carolina and Texas, Merge
02/05/2018
According to The Freedonia Group, a leading international industrial research company and division of MarketResearch.com, the combined revenues from Ply Gem and Atrium are expected to exceed $2.4 billion. C&DR will own 70% of the new company, while Atrium shareholders (which include funds managed by Golden Gate Capital) will control the remaining 30%.
Freedonia Group Analyst Carolyn Zulandt said, "Ply Gem and Atrium are complementary businesses with broad window and door product offerings. The two companies attempted to merge over 20 years ago, but Ply Gem eventually terminated the agreement and accepted an offer from building products firm Nortek."
"This new combined company will benefit from improved production and distribution efficiencies, as well as advantages like shared technological expertise in a very competitive industry. Together, Ply Gem and Atrium should capture a share of the US window market that comes closer to that of industry giant Andersen than any other supplier,” Zulandt explained.
"The greater economies of scale and scope of the larger combined company should also make it a stronger competitor in the other building product markets served, which include doors, fencing, roofing, and siding," she added.
Project Announcements
Hanwha Advanced Materials Plans Cartersville, Georgia, Manufacturing Plant
03/27/2023
Placid Refining,Baton Rouge,Port Allen, Louisiana
03/27/2023
Toyota Boshoku Tennessee Expands Jackson, Tennessee, Metal Stamping Facility
03/27/2023
South Korea-Based Dongwha Electrolyte USA Plans Clarksville, Tennessee, Production Plant
03/24/2023
Blue Buffalo Expands Richmond, Indiana, Production Complex
03/24/2023
Schrödinger Expands New York, New York, Research Operations
03/23/2023
Most Read
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability
Q1 2023
-
The Top Investment Location Prospects for Aerospace Manufacturing
Q1 2023
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
How Are Economic Developers Partnering to Solve Workforce Challenges?
Q1 2023
-
Strategies to Overcome Intensifying Industrial Real Estate Challenges
Q1 2023