Therma-Tru’s new glass options offer more features
Therma-Tru is expanding its selection of glass styles in response to evolving market knowledge and customer preferences.
“We’re responding to requests for more door glass features by enhancing our selection of simulated divided lites, grilles between glass and easy-use internal blinds," said Mark Savan, president of Therma-Tru Doors. "Every new product option being introduced by Therma-Tru in 2014 positively impacts builders and remodelers working to meet consumer demands in the marketplace."
Among the new options is an internal blind style, which uses cordless operation to control light and privacy levels. Since the blinds are housed inside the glass, they never get a chance to accumulate dust. A new camber top glass shape is also an entry-level price point option for combining light and privacy.
Additionally, more than 400 different Simulated Divided Lite (SDL) configurations are now available with the addition of new grid patterns. Grilles Between Glass (GBGs) are also available in up to 3,000 different configurations thanks to new colors, shapes and grid patterns.
Finally, black nickel caming is now available for Cambridge decorative glass for the Classic-Craft Rustic Collection, Classic-Craft Oak Collection and Classic-Craft Canvas Collection.
Kleer winners emerge in home design
Kleer, one of several building products brands of Tapco International, announced the winners of its photography contest highlighting creative uses of trim and decking.
The Best of Show award went to a stately mansion in St. Simons Island, Georgia. The Best Deck award went to a classic deck in Bolton, Connecticut.
Kleer Trim and Kleer Decking products are designed to provide the authentic look of real wood without a high level of maintenance, the company said.
For the full display of winners and candidates, click here.
Huttig deal bolsters financing
St. Louis-based Huttig Building Products expanded its borrowing capacity.
The domestic distributor of millwork, building materials and wood products announced it entered a deal to amend and extend its $120 million senior secured credit facility.
"We believe the amended facility will enhance our financial flexibility and provide greater liquidity to support our business growth,” said Philip W. Keipp, Huttig’s VP and CFO.
The amendment, among other things, increases borrowing capacity from $120 million to $160 million, reduces interest rate charges and extends the facility for five years from the execution date, to May 28, 2019.
General Electric Capital Corporation (GECC) and Wells Fargo Capital Finance (Wells Fargo) are co-lenders under the facility.
“While our existing credit agreement did not expire until December 2017, we believe that the current lending market, along with our improved financial performance, provides an opportunity to secure a long-term agreement, which works very well for the company,” said Keipp. “We are pleased to continue our relationship with GECC and Wells Fargo who have been valued lending partners.”
Huttig’s sales increased 9% in its most recent quarter, but it posted a net loss of $4.0 million.