Trex Company Inc. announced an initial public offering and listing on the New York Stock Exchange (NYSE:TWP). Trex is a manufacturer of alternative decking products.
Georgia-Pacific purchased the assets of three Mellco Inc. lumber pressure-treating facilities, increasing Georgia-Pacific’s capacity to pressure-treat lumber to more than 1 billion board feet annually.
Nortek Inc. purchased Peachtree Doors and Windows and two other companies owned by Caradon plc. Nortek manufactures building, remodeling and indoor environmental control products.
Johns Manville will build a new two-module fiberglass insulation products line at its Winder, Ga. plant, which will become operational in July 2000. The new line is part of the company’s ongoing strategy to add low-cost, flexible capacity as market demand warrants and will be its third major capacity addition in as many years.
Porter-Cable Corp. and its sister company, Delta International Machinery, will consolidate their headquarters beginning in the first quarter of 2000. Upon completion, the two companies will centralize all business functions out of Jackson, Tenn., and thereby form the Pentair Tool Group. The two will continue to maintain their separate brand identities.
Windsor Door, a manufacturer and distributor of commercial and residential sectional and rolling doors and automatic openers, announced several appointments. Chris Keck was named manager of the New Orleans distribution center; George Kopreski operations manager at the company’s Philadelphia distribution center; William Russell warehouse supervisor at the North Dallas distribution center, and Richard Ward manager of the Chicago distribution center.
Jacobs, a worldwide manufacturer of tool-holding accessories for the portable power tool industry, named Scott C. Brown to the newly-created position of sales manager. Widely known as the inventor of the drill chuck, Jacobs is being positioned as a leader in the woodworking channel throughout the U.S. and Canada.
Masco Corp. has agreed to acquire three home improvement and building products companies with combined annual sales in excess of $100 million. The companies are the GMU Group, a manufacturer and distributor of kitchen cabinets and cabinet components headquartered in Zumaya, Spain; the Faucet Queens Inc., a Chicago-based supplier of plumbing accessories and hardware products, and A&J Gummers, a manufacturer of shower valve products based in Birmingham, England.
James Hardie Building Products announced two promotions. Sean Ryan now holds the position of business development manager, distribution, and Mark Longfellow, CTC, is national sales manager.
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