Masonite acquires door manufacturing divisions
Masonite International Corporation reported that it has acquired the operating assets of the wood door companies of AADG, Inc., part of ASSA ABLOY, which includes the brands Graham Manufacturing Corporation and The Maiman Company.
Graham provides the non-residential construction industry with a full range of premium and custom grade flush wood doors. Maiman is a manufacturer of architectural stile and rail wood doors, thermal fused flush wood doors, and wood door frames.
The two divisions employ approximately 275 people located in three manufacturing facilities in Mason City, Iowa and Springfield, Mo.
Net sales for the two divisions for 2017 were approximately $70 million.
“We believe this acquisition fits well with Masonite’s existing Architectural business. Graham and Maiman will provide Masonite with an expanded footprint to better serve our customers,” said Graham Thayer, Masonite’s senior vp, architectural.
The acquisitions mark Masonite’s ninth acquisition in the last four years. Terms of this deal were not disclosed.
Based in Tampa, Masonite manufacturers interior and exterior doors for the residential new construction, the residential repair, renovation and remodeling, and the non-residential building construction markets.
Graham provides the non-residential construction industry with a full range of premium and custom grade flush wood doors. Maiman is a manufacturer of architectural stile and rail wood doors, thermal fused flush wood doors, and wood door frames.
The two divisions employ approximately 275 people located in three manufacturing facilities in Mason City, Iowa and Springfield, Mo.
Net sales for the two divisions for 2017 were approximately $70 million.
“We believe this acquisition fits well with Masonite’s existing Architectural business. Graham and Maiman will provide Masonite with an expanded footprint to better serve our customers,” said Graham Thayer, Masonite’s senior vp, architectural.
The acquisitions mark Masonite’s ninth acquisition in the last four years. Terms of this deal were not disclosed.
Based in Tampa, Masonite manufacturers interior and exterior doors for the residential new construction, the residential repair, renovation and remodeling, and the non-residential building construction markets.