Meet Cornerstone Building Brands
New identity emerges from Ply Gem, NCI merger.
NCI Building Systems, Inc., after recently merging with Ply Gem Building Products, announced that it will officially operate as Cornerstone Building Brands.
The Cary, N.C.-based company will trade under the ticker symbol “CNR” on the New York Stock Exchange effective May 24. Serving residential and commercial customers across new construction and repair & remodel market, Cornerstone is one of the largest manufacturers of exterior building products in North America. Cornerstone’s product portfolio includes windows, vinyl siding, insulated metal panels, metal roofing and wall systems and metal accessories.
The new name represents the company’s commitment to business transformation that will drive future growth and effectively serve customers and communities across North America, Cornerstone said.
Cornerstone was created following last November’s merger between NCI Building Systems, Inc. and Ply Gem Parent, LLC.
“We are dedicated to our customers and well positioned to lead the residential and commercial markets as Cornerstone Building Brands, and to make positive contributions to the places where people live, work and play,” said James Metcalf, chairman and CEO. “Through continued operational excellence and innovation, Cornerstone Building Brands is creating industry solutions that will become the cornerstone of countless communities. Our all-encompassing transformation will drive sales, efficiencies, customer satisfaction and enhance employee and community support.”
The Company is also dedicated to implementing and executing several community-focused programs including the Home for Good project, a campaign that will continue to serve as a key corporate initiative and has helped build and remodel more than 500 homes in 90 communities across the U.S. since 2016.
“The combined strength and balance of our residential and commercial sectors uniquely positions us to lead the market,” Metcalf said. “We are dedicated to delivering an unmatched portfolio of products and look forward to the positive impact Cornerstone Building Brands will have not only on our customers but also in the fabric of the communities we call home.”
The changes to the company’s name and ticker symbol are expected to be effective following shareholder approval at the Company’s Annual Meeting of Shareholders being held on May 23.
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