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In 2016, door manufacturer Steves & Sons sued JELD-WEN on antitrust grounds for its 2012 acquisition of rival doorskin manufacturer Craftmaster International (CMI). In 2021 the Fourth Circuit affirmed the trial judge's remedy that JELD-WEN must sell CMI's Towanda factory, which was the first time that a private lawsuit led to an order to divest ...
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.
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 ...
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Trading at 12.4 times Wall Street analyst estimates for 2025, roofing, insulation, and doors company Owens Corning (NYSE: OC) is attractively valued and has upside potential coming from a recovery ...