M&M News and Products  
INVESTMENTS  
Equity Firm Invests  
in Alexandria Moulding  
ndustrial Opportunity Partners facilities in Wilkes Barre, Pa., and La  
IOP), an operations-focused pri- Porte, Ind.,that serve the Northeast is excited about the new partnership.  
vate equity firm based in Evanston, and Midwest regions of the U.S. “The management team and I are  
Ill., has partnered with the manage- IOP is partnering in its investment excited to partner with IOP,” he says.  
Cholette says Alexandria Moulding  
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ment team of Alexandria Moulding with Andre Cholette, president and “IOP brings both capital and expe-  
Inc. in an investment to support a CEO, and the rest of the Alexandria rience, which I believe will allow the  
recapitalization of the business.  
management team, all of whom will company to continue to grow and capi-  
Alexandria is a manufacturer and have ownership interests and remain talize on opportunities.”  
distributor of wood mouldings and in their current management roles  
related millwork products for the to continue to grow the business. EXPANSIONS  
Canadian and Northern U.S. resi- In addition, Dave Mackin, an IOP Woodgrain Millwork to  
dential housing markets. The com- operating principal, will assume the Expand Virginia Facility  
fami-  
pany sells directly to retailers as position of chairman. Mackin is a  
Woodgrain Millwork,  
a
well as wholesale building product member of IOP’s board of operat- ly-owned and operated company  
distributors and industrial custom- ing principals, which is comprised headquartered in Idaho, will expand  
ers. The company is headquartered of seasoned executives who provide its door and window component man-  
in Alexandria, Ontario, Canada and leadership to the businesses in which ufacturing facility in Smyth County,  
has a manufacturing and distribu- IOP invests.  
tion facility in Alexandria, along with “We are excited to partner with  
Virginia, and add 17 new jobs.  
Woodgrain Millwork will invest  
a hardwood manufacturing opera- the Alexandria team,” says Ken $1.86 million in site improvements  
tion in Bradford, Ontario that serves Tallering, senior managing director and equipment needed to build an  
Eastern Canada. The company also of IOP. “We believe that Alexandria is 18,000-square-foot addition to its  
has a manufacturing and distribution a growing business with an excellent mill in Marion, Va. The company’s  
facility in Moxee, Wash., that serves reputation for quality and custom- primary products will be exterior  
Western Canada and the Northwest er service and strong relationships door frames, brick mouldings and  
U.S., as well as two other distribution with both customers and suppliers.  
doorjambs.  
EVENTS  
National Millwork’s Texas  
Operation Up and Running  
National Millwork Inc., a commer-  
cial and residential, door, hardware,  
trim and specialties manufacturer/  
distributor/contractor, has inaugurat-  
ed a new production line for its recent  
acquisition, Elite Door and Trim of  
Denton, Texas.  
“Now that the additional door line  
is operational, this will enable us to  
expeditiously service Texas custom-  
ers, while additionally reducing our  
distribution costs,” said CEO Otto  
Nonnenmann. “This local Texas man-  
ufacturing capability gives us the  
confidence to more aggressively pur-  
sue contracts outside of Texas, in the  
southwestern region of the U.S.”  
Plan to Attend  
MMPA’s Summer  
Meeting  
The Moulding and Millwork  
Producers Association will host its  
summer meeting July 18-21 at the  
Marriott Fallsview Hotel and Spa in  
Niagara Falls, Ontario, Canada. The  
Marriott Fallsview Hotel is perfectly  
situated, offering breathtaking views  
of Niagara Falls. After business is  
completed each day, attendees may  
opt to visit the local wineries, golf or  
head out on a Hornblower Cruise to  
experience Niagara Falls up close.  
yy➤www.wmmpa.com  
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ACQUISITIONS  
ALCO Doors Sold  
to U.S. LBM Holdings  
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American Lumber Corporation  
from fourth-generation own-  
ers Howard, Douglas and Jack  
Farbman. Howard Farbman will  
remain with the company as  
president.  
Founded in 1904, ALCO Doors  
is one of the largest manufacturers  
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