August 30, 2016 8:21 PM ET

Building Products

Company Overview of JELD-WEN, inc.

Company Overview

JELD-WEN, inc. manufactures and distributes windows, doors, and treated composite trim and panels for homes and commercial buildings. It offers windows, such as double-hung, single-hung, awning, fixed, sliding, casement, bay, bow, garden, and tilt and turn windows; interior and exterior doors, which include all panel, glass panel, Dutch, bi-fold, and louver doors; and sliding, swinging, and folding patio doors. The company’s products are used in various projects, such as historic renovation, lighthouse restoration, improving livable spaces, and window safety at home, as well as replacing windows, exterior doors, interior doors, and patio doors. It serves builders, architects, and homeowners....

440 South Church Street

Suite 400

Charlotte, NC 28202

United States

Founded in 1960

Phone:

541-882-3451

Fax:

541-851-4316

Key Executives for JELD-WEN, inc.

Chief Executive Officer and President
Age: 50
Executive Chairman
Age: 56
Executive Vice President and Chief Financial Officer
Chief Operating Officer
Executive Vice President and President of North America
Age: 50
Compensation as of Fiscal Year 2016.

JELD-WEN, inc. Key Developments

Jeld-Wen Plans Second Quarter IPO

JELD-WEN, inc. is planning an initial public offering as early as the second quarter, according to people familiar with the matter. The IPO could raise about $500 million, valuing the Onex Corp.-backed company at about $5 billion, including debt, said two of the people, who asked not to be identified because the situation is private. Plans are not final and timing may depend on market conditions, they said. The funds raised from a potential IPO would go toward reducing Jeld-Wen’s debt, two of the people said.

JELD-WEN, Inc. Announces Executive Changes

JELD-WEN, inc. announced the appointment of Mark A. Beck as the company’s President and Chief Executive Officer effective November 30, 2015. Kirk Hachigian, who is currently in these roles, will continue as an active member of JELD-WEN’s leadership team as Executive Chairman of the Board. Mr. Hachigian and Mr. Beck will work closely together into the new year to facilitate a smooth management transition. Mr. Beck joins JELD-WEN from Danaher Corporation, where he has been Executive Vice President of the Water Quality and Dental Platforms since early 2014. Over the last year Mr. Hachigian has been focused on building a strong organization at JELD-WEN.

JELD-WEN, Inc. Unveils New Siteline Wood and Clad-Wood Window and Patio Door Line

JELD-WEN, Inc. has unveiled new Siteline wood and clad-wood window and patio door line. Available in April 2015, Siteline is JELD-WEN's new mid-tier wood window and door line, featuring a complete offering of affordable window and door styles with enhanced performance features. The Siteline line-up includes larger window sizes (updated heights and widths), improved thermal performance and more styles at a budget-friendly price point. Siteline wood and clad-wood window and patio doors meet 2016 ENERGY STAR 6 requirements. This latest ENERGY STAR revision includes updated energy efficiency criteria for residential windows and doors effective January 2015. A major advantage of Siteline wood windows and doors is that they come standard with pine AuraLast wood, manufactured with JELD-WEN's proprietary water-based wood protection process that delivers virtually 100% surface-to-core protection and a Lifetime Limited Warranty against wood decay and termite damage. The new JELD-WEN Siteline wood and clad-wood window and patio door line offers strong options for remodeling, new construction and light commercial, with products that are available in a wide variety of styles, ranging from traditional to contemporary. All JELD-WEN Siteline wood and clad-wood windows and patio doors come standard with LoE-366 glass, which helps to block harmful infrared rays and Neat Glass, which harnesses the sun's UV rays to loosen dirt from the glass, allowing rainwater to naturally clean the surface. Other glass options available include a wide variety of textures, patterns or colors designed for added privacy or a unique look. Efficiency also is enhanced on the double-hung window through a reinforced sill design, which features composite interior chamber construction for added strength and durability. The casement features a deeper sash backset construction, while the extruded sash and frame maximize reliability providing outstanding energy advantages. JELD-WEN Siteline Wood windows are available in nine interior finishes, and 22 exterior cladding colors. In addition to the seven existing hardware finishes, a new black hardware finish is available. Interior wood species include AuraLast pine, alder and Douglas fir. Available window styles include casement with updated architectural styling, a push-out option, awning, and double-hung with concealed jamb liner. JELD-WEN offers options such as simulated divided lites and three different segment top styles. Siteline wood patio doors also come in many configurations. Designs such as swinging patio doors add beauty and functionality to the home, fit with a wide variety of architectural styles and are available in hundreds of configurations. Homeowners can select from unique options such as European-inspired operable, venting sidelites, which allow fresh air in without opening the entire door. Also made standard with pine AuraLast wood, Siteline patio door options include 22 exterior clad colors, seven anodized exterior clad options and nine interior finish choices. The new Siteline folding door system is a floor-mounted application and an affordable solution when homeowners are looking to truly bring the outside in. The system can be a great solution for renovation projects or new construction.

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