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Masonite entered the door business in 1972, when it began producing wood-composite molded door facings and other components. After a number of acquisitions, the company became part of International Paper in 1988. [7] [8] As Masonite’s door division steadily grew, the company formed an alliance with Premdor, a Toronto-based door supplier.
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Masonite International Corporation (NYSE:DOOR), which is in the building business, and is based in United States...
In 1983, he co-founded Century Wood Door Limited and became the president and CEO in 1984. In 1989, it merged with its largest competitor, Premdor. In 2001, it acquired Masonite Corporation from International Paper and changed its name in 2002 to Masonite International Corporation. [ 1 ]
In 1924, Masonite was patented in Laurel, Mississippi, [9] by William H. Mason, who was a friend and protégé of Thomas Edison. [10] In 1929, the company initiated mass production of its product. [citation needed] In the 1930s and 1940s, Masonite was used for applications including doors, roofing, walls, desktops, guitars (e.g., Danelectro ...
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...