Apogee subsidiary acquires Benchmark’s Custom Window Company
Apogee Wausau Group, Inc., DBA Wausau Window and Wall Systems (and a subsidiary of Apogee Enterprises, Inc.), has acquired the assets of Benchmark Sales Agency, Inc., DBA Custom Window Company, Inc.
The move aims to build on Wausau’s current inventory and market presence. Custom Window occupies a unique niche with its window products, which include solutions for K-12 schools, low-rise offices, self-balancing double-hung windows and historically accurate windows for preservation projects.
“Wausau’s purchase of Custom Window supports Apogee’s strategy to grow our architectural framing systems segment through geographic expansion, new products and domestic acquisition," said Apogee CEO Joseph Puishys. "It presents an opportunity to better serve customers and prospects in the Western U.S. and the historical renovation market throughout the country."
Wausau currently specializes in the commercial buildings market, specifically education, healthcare and government projects, as well as historic renovations.
Newell Rubbermaid bows out of Chicago Stock Exchange
Newell Rubbermaid is streamlining its operations by removing its common listing from the Chicago Stock Exchange next month, the company announced Thursday.
According to a company statement, the decision was enacted in an effort to trim the duplicate administrative requirements and costs resulting from the maintenance of a dual listing. Newell Rubbermaid does not believe the move will impact the liquidity of its common stock.
The Chicago Stock Exchange will continue trading the common stock on an unlisted trading privilege basis. Newell Rubbermaid will maintain its position on the New York Stock Exchange.
Duracell charges ahead with Quantum
Bethel, Conn.-based Duracell launched Duracell Quantum, a battery that the company calls its biggest innovation since CopperTop and “the world’s most advanced alkaline battery.”
“Duracell Quantum was engineered from the ground up to offer consumers a premium alkaline battery,” said Volker Kuhn, general manager for Duracell North America. “For the first time in 50 years, we’re changing the color to red and copper to symbolize the quantum leap in power for Duracell.”
MSRPs range from $3.47 for a two-pack of AA/AAA batteries to $25.97 for a mega pack of 20.
The company says the Duracell Quantum’s Hi-Density Core allows the battery to pack in more power than before. The product also is built to preserve power for up to 10 years in storage.
Duracell is a Proctor & Gamble brand.