Aldora Aluminum Purchases Assets
of Louisville Plate Glass Company
iramar, Fla.-based Aldora Alu-
minum and Glass Products
has acquired Kentucky-based
Louisville Plate Glass Co. (LPG). LPG
will move into a new 60,000-square-foot
facility, which will add tempering to its
“We are really excited to partner with
Aldora and to provide our customers
with added products and services,”says
Bill Stone,LPG president.“Our business
has grown substantially, so the timing This 60,000-square-foot facility will be the new home of Louisville Plate Glass,
of the transaction along with the new which was acquired recently by Aldora.
facility couldn’t have been better.”
LPG was founded in 1911 and was tempering capabilities and a family suc- of LPG and a new shareholder of Al-
previously part of United Glass Corp cessor; Stone’s children were all in careers dora. Aldora expects LPG to have
had planned to shut down LPG follow-
UGC). According to the release, UGC outside the architectural glass industry.
more than 100 employees by 2020.
He resumed talks with Leon Sil- Don Power, a 30-year industry veteran,
ing the economic recession in 2008 and verstein, CEO of Aldora, about an was appointed branch manager. He
009. However, Stone purchased the opportunity to join forces, which the has been supervising the installation
company back and helped it recover as two had discussed in the past. Since of equipment and renovation of the
the economy bounced back. then, Stone, Silverstein and other in- property and has previously operated
Despite increased revenue and a vestors purchased the new facility glass fabrication facilities in Indiana,
near doubling of its workforce in recent and have been remodeling and in- Ohio, Florida,Virginia and New Jersey.
years, Stone was concerned about the stalling new fabrication equipment.
long-term survival of LPG, as it lacked Stone will remain active as president
continued on page 19
AmesburyTruth Parent Company Acquires Bilco
yman PLC, parent company of access products for the commercial enabling AmesburyTruth to play a
door and window component and residential markets.
entered into a deﬁnitive agreement ture commercial and residential
to acquire the 90-year-old Bilco Com- access products from its existing facil- portunity to evolve our product portfo-
pany for $71 million, effective July 1, ities. The company has a presence in lio,” adds Bilco president Tom Crowley.
greater role in providing a total solu-
Bilco will continue to manufac- tions package.”
“We see this acquisition as an op-
the U.S., Canada and the U.K.
“Customers can expect to receive the
According to a release from Ames-
“Bilco is a very good ﬁt for our busi- same great quality, value, and ser-
buryTruth, the acquisition will enable ness,” says AmesburyTruth president vice. Additionally, our company will
the company to “broaden its com- and CEO Jeff Graby. “The products have access to best-in-class business
mercial product portfolio and further play a critical role in providing solu- practices designed to streamline our
penetrate the commercial market seg- tions for building openings in both the business processes while delivering
ment.” Bilco is a supplier of specialty commercial and residential segments, enhanced value to our customers.”
USGlass, Metal & Glazing | September 2016