Masonite Completes Acquisition of USA Wood Door

TAMPA, FL - Masonite International Corporation  (NYSE:DOOR) completed the acquisition of USA Wood Door, a wholesaler and fabricator of architectural and commercial wood doors in the Eastern United States providing door and hardware distributors with machined, re-sized, and value added additions to both unfinished and prefinished doors, in short lead times.

USA employs approximately 50 people at a single site in Thorofare, NJ.  USA’s net sales for the twelve months ended August 31, 2015 were $18 million. The purchase price for 100% of the outstanding shares was approximately US $13 million.

"USA’s leadership in providing quick ship, value added architectural and commercial wood doors to door and hardware distributors is a natural extension of our North American architectural door business," said Chris Virostek, Masonite’s Senior Vice President, Strategy Implementation and Corporate Development. “USA’s focus on speed, quality and flexibility complements the strategies we are pursuing with our business.”

The majority of the doors distributed by USA Doors are two of Masonite’s key brands, Algoma and Mohawk, according to its president, John Krause

Masonite International Corporation is a leading global designer and manufacturer of interior and exterior doors for the residential new construction; the residential repair, renovation and remodeling; and the non-residential building construction markets. Since 1925, Masonite has provided its customers with innovative products and superior service at compelling values. Masonite currently serves more than 7,000 customers in 80 countries. Additional information about Masonite can be found at www.masonite.com.

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Bill Esler | ConfSenior Editor

Bill wrote for WoodworkingNetwork.com, FDMC and Closets & Organized Storage magazines. 

Bill's background includes more than 10 years in print manufacturing management, followed by more than 30 years in business reporting on industrial manufacturing in the forest products industries, including printing and packaging at American Printer (Features Editor) and Graphic Arts Monthly (Editor in Chief) magazines; and in secondary wood manufacturing for WoodworkingNetwork.com.

Bill was deeply involved with the launches of the Woodworking Network Leadership Forum, and the 40 Under 40 Awards programs. He currently reports on technology and business trends and develops conference programs.

In addition to his work as a journalist, Bill supports efforts to expand and improve educational opportunities in the manufacturing sectors, including 10 years on the Print & Graphics Scholarship Foundation; six years with the U.S. WoodLinks; and currently on the Woodwork Career Alliance Education Committee. He is also supports the Greater West Town Training Partnership Woodworking Program, which has trained more than 950 adults for industrial wood manufacturing careers. 

Bill volunteers for Foinse Research Station, a biological field station staddling the border of Ireland and Northern Ireland, one of more than 200 members of the Organization of Biological Field Stations.