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The company was founded in 1925 when Peter Kuyper and his wife Lucille invested $5,000 to buy the Rolscreen Company, a small business that had created the Rolscreen insect window screen that rolls out of sight when not in use. [2] In 1926 they moved the company to Pella, Iowa, where the Kuyper family had a lumber business.
The company operates more than 120 manufacturing facilities in 19 countries. [3] JELD-WEN designs, produces and distributes interior and exterior doors, wood, vinyl and aluminum windows, wall systems, shower enclosures, closet systems and other components used in the new construction, as well as repair and remodel of residential homes and non ...
PPG expanded quickly. By 1900, known as the "Glass Trust", it included 10 plants, had a 65 percent share of the U.S. plate glass market, and had become the nation's second largest producer of paint. [4] Today, known as PPG Industries, the company is a multibillion-dollar, Fortune 500 corporation with 150 manufacturing locations around the world.
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The first Lowe's store, Mr. L.S. Lowe's North Wilkesboro Hardware, opened in North Wilkesboro, North Carolina, in 1921 by Lucius Smith Lowe. [8] After Lowe died in 1940, the business was inherited by his daughter, Ruth Buchan, who sold the company to her brother, James Lowe, for $4,200, [ 9 ] that same year.
The company declared bankruptcy in 1997, after which time, the company became owned by its largest creditor, J.P. Morgan & Co. [2] In 2007, Safelite was acquired by Luxembourg based Belron , which is in turn owned by the D'Ieteren group, [ 3 ] Belron is the world's largest vehicle glass company, providing service in over 32 countries.
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