AWI e-briefs - 07/07/2011 (Plain Text Version)
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Around the Industry
Masonite Announces Acquisition of Marshfield Doorsystems, Inc.
Masonite Inc. has announced the signing of an agreement to acquire Marshfield DoorSystems, Inc., headquartered in Marshfield, WI.
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Marshfield is a leading provider of doors and door components for commercial and architecturally specified applications. Marshfield’s operations were founded in 1890 in Marshfield, WI, and it has been manufacturing and selling high-quality commercial door products since 1908. Marshfield employs approximately 600 people, with a primary facility in Marshfield, WI, and two smaller locations in Greensboro, NC and Largo, FL. Marshfield’s 2010 revenue exceeded $100 million.
"Both Marshfield and Masonite have solid reputations for delivering great customer service and quality products and we look forward to partnering with Masonite to provide new opportunities for our customers, employees and suppliers." Mr. Bergman, a veteran of the building products industry, will remain with Masonite focusing on expanding Masonite’s commercial and architectural door business.
The transaction is expected to close immediately following regulatory approval.