Masonite acquires a door company
For a price tag of $13 million, Masonite has acquired USA Wood Door, a wholesaler and fabricator of architectural and commercial wood doors in the Eastern U.S.
Thorofare, New Jersey-based USA Wood Door provides machined, re-sized and value-added additions to unfinished and prefinished doors in short lead times.
Its staff consists of approximately 50 people, and its net sales for the year ended Aug. 31 were $18 million.
"USA’s leadership in providing quick ship, value added architectural and commercial wood doors to door and hardware distributors is a natural extension of our North American architectural door business," said Chris Virostek, Masonite’s senior VP, Strategy Implementation and Corporate Development. “USA’s focus on speed, quality and flexibility complements the strategies we are pursuing with our business.”
“USA has shared a long and valued history with Masonite. The majority of the doors we hold for distribution are two of Masonite’s key brands, Algoma and Mohawk,” said John Krause, president of USA Wood Door. “Our team is excited to join the Masonite family and looks forward to the opportunities it will present for our employees and customers.”
Throwback Thursday: Future Hall of Famer
The April 5, 1999, issue of National Home Center News, the precursor of Hardware + Building Supply Dealer, featured a special section on “Industry Innovators” — including a Virginia-based, family-run, hardware-store operator named Bob Taylor.
Today, Taylor is president and CEO of Fort Wayne, Ind.-based Do it Best Corp. — a position he held for 13 years and from which he will retire in January. Back in 1999, he was president of Taylor’s Do it Centers, and described by the article in different places as “high-integrity guy,” “quiet leader,” and “a quintessential Southern gentleman.”
Taylor was named to the Home Channel Hall of Fame in 2012.
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