Volume 49, Issue 5 - May 2014

CompanyNews

VPI Quality Windows to Purchase Mercer’s Door and Window Assets

Spokane, Wash.-based VPI Quality Windows (VPI) signed a letter of intent to acquire substantially all the door and window manufacturing assets of Mercer Windows through its recently closed Beaverton, Ore., location. The transaction, which is subject to customary closing conditions, will be completed as soon as possible, but no later than June 30, 2014.

“This acquisition provides a variety of outstanding additions to our high-performance window product line, and also allows us to rapidly add high-quality aluminum door and window offerings to our customers,” says Burke Blevins, president and CEO of VPI. “We are proud to have the opportunity to keep the Mercer legacy alive, making Mercer windows, with Mercer employees, at the Mercer facility.”

“We’re delighted with this outcome,” says Dan Boverman, chief restructuring officer for Mercer Industries. “Mercer Industries had significant discussions with many door and window companies over the past few weeks and VPI emerged as the best fit. Not only will VPI be a quality steward of the Mercer Windows product line, customers, employees and suppliers, it is well positioned to allow us to quickly resume normal business operations, which is great news for our customers.”

VPI will acquire the Mercer brand and manufacturing assets, which include several proprietary window design technologies. VPI intends to retain a majority of Mercer Windows’ employees, including management, inside sales staff and production workers at Mercer’s Beaverton facilities, as well as field sales staff.

Terms of the transaction were not disclosed.

Trulite Sells AWP Windows and Doors
Trulite Glass & Aluminum Solutions LLC sold AWP Windows and Doors, based in Medley, Fla., to Deerpath Holdings in Lake Forest, Ill. AWP, which serves the South and Central Florida window market, offers aluminum and vinyl impact windows, along with residential sliding doors.

“We are pleased to have reached an agreement with Deerpath Holdings,” says Trulite CEO Paul Schmitz. “This will allow Trulite to continue focusing on its core competencies while allowing AWP to grow under its new owner.”

“We are delighted with the acquisition of AWP,” adds Craig Speed, CEO of Deerpath Holdings. “ … We look forward to continuing to expand AWP’s presence in the market through product line growth and geographical expansion.”

A+W Opens New Headquarters
A+W’s new headquarters in Polheim, Hessen, Germany has space for more than 150 employees. The facility contains 3,600 square meters of office space, divided into two pavilion buildings. It includes several conference rooms, equipped with modern media technology, designed to facilitate work meetings and training with various numbers of participants, according to the company. The facility also includes a library furnished with “comfortable bistro tables.” The company worked with office furnishing supplier CEKA to implement the open space concept.

“It surprised and pleased me how spontaneously the open concept and attractive library area was accepted and used by the employees,” says managing director Uwe Schmid. “We were barely moved in and already work groups and employees with customers were sitting in the pleasant communication zones. In our previous offices they first had to search for a free room for 15 minutes in order to then meet isolated in a closed room. These are the advantages that are immediately experienced and that do not need to be explained.”

In other news at A+W, the company recently was recognized for its Business Pro software solution by the German Mid-Sized Companies Initiative. The company was recognized specifically in the ERP category and received the Innovation Prize IT.

Quanex Celebrates 35 Years of Warm-Edge Technology
Quanex Building Products introduced its flexible, non-metal-based spacer 35 years ago to the insulating glass industry. “The last 35 years have brought much advancement in IG systems—and many of the technologies have been tied to the individuals and companies that now make up Quanex Building Products,” says George Wilson, general manager, Insulating Glass Systems, Quanex Building Products. “To this day, we take pride in being innovators. We are always striving to help our customers find the next best thing that will improve performance and allow them to operate more efficiently. It’s ingrained in our history and will continue to be part of our future.”


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