Steves & Sons prevails in its antitrust litigation as Jeld-Wen agrees to divest Towanda doorskin plant.
Window and door giant Jeld-Wen - number 5 on the FDMC 300 - reported sales of more than $1 billion for the quarter ending March 27.
Jeld-Wen Canada is shooting to build brand awareness of its window and door products among basketball fans through a new TV commercial campaign.
The U.S. Court of Appeals has affirmed an original ruling against window and door manufacturer Jeld-Wen, which ordered the company to divest its manufacturing plant in Towanda, Pennsylvania.
Door manufacturing giants Jeld-Wen and Masonite will each pay $38 million to settle class-action lawsuits.
June revenue improved significantly on a sequential basis to approximately flat with prior year, nicely ahead of our original expectations.
Federal judge in Virginia enjoined Jeld-Wen from relitigating the same claims in a San Antonio state district court that had been previously tried in Federal court in Virginia.
A judge has upheld a ruling in favor of Steves & Sons (pictured), thereby denying Jeld-Wen's motion to overturn an antitrust verdict stemming from its acquisition of an interior moulded doorskins plant.
Jeld-Wen said it will appeal a judge's ruling that the company created a monopoly on doorskins.
Most standard doors, as well as can be converted into a barn door with the new, patent-pending DesignGlide hardware from Jeld-Wen converts new or salvaged doors into barn doors with a patent-pending system.
By Bill Esler