Masonite, the tenth-largest woodworking company in North America, will open a few manufacturing plant in Fort Mill, South Carolina - adding more than 200 jobs.
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.
Masonite International Corp. has acquired wood door manufacturers Graham Manufacturing Corp. and The Maiman Co. from ASSA ABLOY, a Sweden-based global producer of access doors. Terms of the June 4 acquisition were not disclosed.
TAMPA, Fla. -Masonite International (NYSE: DOOR) reported strong results third quarter, with net sales up 6 percent to $518 million, a $28 million increase over the year prior. Volume was up 3 percent and unit prices rose 2 percent.
Masonite, which began trading last year on the New York Stock Exchange, says it sold 35 million doors in 2016, yielding $2 billion in revenue.
Masonite International Corp. has announced it has completed the acquisition of A&F Wood Products (AFWP), a wholesaler and fabricator of architectural and commercial wood doors in the Midwest United States.
Door manufacturer Masonite International (NYSE: DOOR) sales were flat at $475.7 million for the third quarter of 2015, a result of an unfavorable exchange rate. Excluding the $26 million negative impact of foreign exchange, net sales would have increased by 5.4% to $501.7 million. Masonite reported a loss of $16.3 million after selling a French subsidiary.
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.
Angie’s List set a strategic relationship with Masonite to provide the manufacturer's line-up of exterior and interior doors to Angie’s List members, with installation available from Angie’s List installers.