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Cornerstone Building Brands acquires Prime Window Systems - Canadian Plastics


Cornerstone Building Brands acquires Prime Window Systems
Prime Window manufactures vinyl window and door products for the residential new construction and repair and remodel markets.
May 13, 2021  
Canadian Plastics
In a move aimed at expanding its vinyl windows business, exterior building products maker Cornerstone Building Brands Inc. has acquired Prime Window Systems LLC for an undisclosed amount.
Headquartered in Denver, Colo., Prime Window manufactures vinyl window and door products for the residential new construction and repair and remodel markets. The firm has approximately 300 employees at manufacturing locations in Colorado and Washington.
“The acquisition of Prime Window advances our strategy towards profitable growth and operational excellence,” said James S. Metcalf, Cornerstone’s chairman and CEO. “We are joining forces with a well-recognized business and an established customer base that will strengthen our ....

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Cornerstone adds vinyl window production through acquisition


Cornerstone adds vinyl window production through acquisition
Prime Window Systems LLC
Prime Window Systems LLC serves residential new construction and repair and remodel markets with energy efficient vinyl window and door products from two manufacturing facilities in Denver and Union Gap, Wash.
Cary, N.C.-based Cornerstone Building Brands Inc. acquired Prime Window Systems LLC to expand manufacturing capacity and create new sales opportunities in the Western U.S.
Headquartered in Denver, Prime Window serves residential new construction and repair and remodel markets with energy efficient vinyl window and door products.The company generated 2020 sales of $60 million and has about 300 employees at manufacturing locations in Denver and Union Gap, Wash. ....

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The outdated browser in the Windows operating system was abandoned and replaced it with a new one with the April 13 Windows 10 update ....

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Investegate |Epwin Group PLC Announcements | Epwin Group PLC: Final Results


·
Strong H2 performance, gaining momentum:

Revenues up 4% on H2 2019

H2 2020 underlying operating profit £11.2 million (H2 2019 £11.8 million)
·
RMI demand quicker to return and stronger than newbuild and social housing
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Robust
financial position maintained:

Strong cash generation

Significant headroom in banking facilities of over £50 million at the year end, facilities now extended to June 2024

All pre-COVID banking covenants met with no variation or waivers

No additional funding has been sought from shareholders or banks
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Recommencement of dividend payments, with proposed final dividend of 1.00 penny per share
 
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Health and safety prioritised in response to the COVID-19 pandemic ....

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