Anderson, California-based Sierra Pacific Industries signed a deal to purchase Hurd and Superseal Windows and Doors from Longroad Asset Management.
Terms of the deal were not released.
According to SPI, the purchase will add manufacturing capacity, a skilled workforce, additional product lines, and immediate exposure to Central and Eastern U.S. and international markets for the Window Division of Sierra Pacific Industries -- a family owned and managed wood products firm.
“The acquisition of Hurd Windows and Doors will significantly expand the sales and manufacturing capabilities of our Window Division as we move beyond our current footprint in the western U.S.,” said Sierra Pacific president George Emmerson. “The long-term stability of Sierra Pacific Industries, its extensive forest holdings, combined with the synergy of complementary product lines and strategic positioning of manufacturing facilities, will allow us to leverage the strengths of each company.”
In a statement, Hurd president Dominic Truniger also sounded a positive note on the acquisition. “Sierra Pacific is a family owned business whose core beliefs perfectly complement our own,” he said. “By joining together these two well-respected window brands, we are creating the most vertically integrated wood window company in the industry today, and one that is financially solid with outstanding long-term potential.”
Sierra Pacific plans to make additional capital investments in Hurd, whose assets were acquired by Longroad in 2008, while providing even greater customer service through its dealer network. “Hurd’s customers, dealers and employees can be assured that SPI will work with the Hurd brand to maintain its reputation for a high level of product quality and industry-leading innovation, as we expand opportunities for growth moving forward,” said Emmerson.
Sierra Pacific Industries describes itself as a third-generation company that owns and manages nearly 1.9 million acres of timberland in California and Washington, and is the second largest lumber producer and largest manufacturer of millwork in the United States.