RSI Home Products Announces Early Settlement of Tender Offer for $491,989,000 in Senior Secured Second Lien Notes due 2018 and Notice of Redemption of All Remaining Outstanding 6.875% Senior Secured Second Lien Notes
Wood pellet manufacturer Traeger Pellet Grills sold a significant minority interest to Trilantic Capital Partners. Traeger sells wood pellets from its three plants as a substitute for charcoal briquettes. Trilantic previously invested in cabinet maker RSI.
Electrified plywood in shocking video, a sawmill reopens following devastating combustible dust explosion, and Redbook's hottest wood species report were in the wood industry's most viewed reports this week.
RSI Home Products Inc. regains sole ownership after completing a buyback of 50 percent equity interest from Onex Corp. and its affiliates for $323 million. Onex has a 58% stake in Jeld-Wen Windows and Doors.