Masonite to consolidate its headquarters

TAMPA — Masonite has signed a long-term lease for the 128,000-square-foot building at 1001 E. Palm Ave in Ybor City, Florida. The Tampa-based window and door manufacturer will vacate two Ybor buildings and consolidate into the one location.

Masonite is expected to move into building by the end of the year, according to a statement. 

The headquarters deal comes as Owens Corning plans to acquire Masonite for $3.9 billion. Under the deal announced Feb. 9, Owens Corning will acquire all outstanding shares of Masonite for $133 per share in cash. The offer represents an approximate 38% premium to Masonite’s closing share price on February 8, 2024, and an approximate 46% premium to Masonite’s 20-day volume-weighted average price. 


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Larry Adams | Editor

Larry Adams is a Chicago-based writer and editor who writes about how things get done. A former wire service and community newspaper reporter, Larry is an award-winning writer with more than three decades of experience. In addition to writing about woodworking, he has covered science, metrology, metalworking, industrial design, quality control, imaging, Swiss and micromanufacturing . He was previously a Tabbie Award winner for his coverage of nano-based coatings technology for the automotive industry. Larry volunteers for the historic preservation group, the Kalo Foundation/Ianelli Studios, and the science-based group, Chicago Council on Science and Technology (C2ST).