Mergers Acquisitions  
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  
fabrication capabilities.  
“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.  
manufacturer AmesburyTruth,  
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  
LPG will provide tempered glass,  
fabricated shower enclosures and fab-  
ricated glass in addition to its current  
line of insulating glass units, silicone  
coatings, laminated glass and stock  
sheet glass and mirror distribution.The  
new facility houses a NorthGlass/HHH  
tempering furnace with 96-by-196-  
inch capacity,as well as a jumbo cutting  
table, glass polisher and water jet. An  
upgraded residential insulating glass  
line will be relocated into the new plant.  
In addition to its own product line,  
LPG will expand its offerings to include  
products from other Aldora branches.  
“We are pleased to add Louisville  
Plate Glass to the Aldora family,” says  
Silverstein.“Bill Stone’s team has a great  
reputation in the industry and we be-  
lieve it will only get better with the ca-  
pability that the new plant will provide.”  
BASF Purchases  
Albemarle Corp. is selling its Che-  
metall Surface Treatment business to  
BASF for approximately $3.2 billion.  
The sale of Chemetall reflects Al-  
bemarle’s continued commitment to  
maximizing shareholder value by in-  
vesting in the future growth of our  
high-priority businesses, reducing  
leverage and returning capital to share-  
holders,” says Albemarle president and  
CEO Luke Kissam. n  
September 2016 | USGlass, Metal & Glazing