Masonite restructures Israeli subsidiary
Door manufacturer Masonite International announced Thursday that it would be restructuring its Masonite Israel subsidiary in order to avoid a court-appointed trustee being placed in charge of the company.
In order to restructure, the company requested a stay from the Israeli courts after evaluating the company’s options. The Israel company is currently operating at a loss, and constituted under 1% of Masonite International’s sales in the last fiscal year.
GE introduces line of Internet-enabled ranges
The new Profile series of freestanding ranges from GE will allow homeowners to turn the oven on in between games of Candy Crush, among other things.
The Wi-Fi-enabled series of gas and electric ranges can be controlled remotely by the GE Brillion smartphone app.
“We’re expanding our line of connected appliances to make life easier while you’re on the go,” GE Product Manager Jonathan Sprigler said. “Consumers expect more things to be accessible through their phones, and GE is enabling them to have the control they want.”
This is the second series of appliances that GE has introduced with Wi-Fi capabilities after it rolled out its internet-enabled wall oven in 2013.
In addition to the hi-tech capabilities, the ranges also feature notification lighting that lets owners know when the oven has preheated, as well as tri-ring electric burners, a warming drawer and a built-in temperature gauge for meat. The ranges will retail for $1,599 and $2,099.
Royal Building Products unveils new Altitude Window series
Royal Building Products introduced a new series of windows this week. The Altitude commercial window series meet the classification to be used in commercial, mid-rise apartment and institutional products. For door and window makers, this means the potential to expand into that market.
“Window and door manufacturers are looking for innovative technology to meet strict industry standards … code requirements,” Chris Bitsakis, Royal Building Products’ VP and GM of window and door profiles, said. “Our Altitude Window meets these requirements as well as commercial market needs for installation flexibility, performance and architectural design.”
The Woodbridge, Ontario-based company’s Altitude windows can be mulled, and comes in styles like hopper, casement and awning. The window’s core insulation connects to the extruded aluminum that covers its exposed surface. They meet Energy Star Zone D requirements and are LEED certified for use in homes.