Jeld-Wen

The Onex Group Completes Final Sale of JELD-WEN

Retrieved on: 
Wednesday, August 18, 2021
ONEX, U.S. Securities and Exchange Commission, Onex Corporation, JELD-WEN, GLOBE, Partner, SEC, SEC filing, Partnership, Fund, Forward-looking statement, NYSE, File, Prospectus, Toronto Stock Exchange, Sale, TSX, Jeld-Wen, Security (finance)

TORONTO, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Onex Corporation (“Onex”) (TSX: ONEX) today announced Onex Partners III (the “Fund”) and certain co-investors, including Onex (together the “Onex Group”), have completed the sale of their remaining approximately 14.9 million shares of JELD-WEN Holding, Inc. (“JELD-WEN”) (NYSE: JELD) common stock at a net price of $28.50 per share. JELD-WEN is one of the world's largest door and window manufacturers. With this sale, the Onex Group no longer holds any shares of JELD-WEN.

Key Points: 
  • TORONTO, Aug. 18, 2021 (GLOBE NEWSWIRE) -- Onex Corporation (Onex) (TSX: ONEX) today announced Onex Partners III (the Fund) and certain co-investors, including Onex (together the Onex Group), have completed the sale of their remaining approximately 14.9 million shares of JELD-WEN Holding, Inc. (JELD-WEN) (NYSE:JELD) common stock at a net price of $28.50 per share.
  • With this sale, the Onex Group no longer holds any shares of JELD-WEN.
  • Gross proceeds to the Onex Group from this transaction are approximately $425 million, of which Onex share was approximately $110million as a Limited Partner in the Fund and as a co-investor.
  • Onex shares trade on the Toronto Stock Exchange under the stock symbol ONEX.

JELD-WEN Names Colleen Penhall Vice President, Global Corporate Communications

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Thursday, August 5, 2021
VPI, Bank, Lowe's, Student, Journalism, Jeld-Wen, Bank of America, Elon University, Communication, Organization, Arthur, Community advisory board, Dana, Lowe, UNC, Colleen, Association, Philip Morris USA, Penhall, Altria, Elon University School of Law, Multimedia, The Delhi School of Communication, New York Stock Exchange, Social responsibility, Marketing, School, Trex Company, Inc., Management

CHARLOTTE,N.C., Aug. 5, 2021 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD) today announced the appointment of Colleen Penhall to vice president of global corporate communications.

Key Points: 
  • CHARLOTTE,N.C., Aug. 5, 2021 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD) today announced the appointment of Colleen Penhall to vice president of global corporate communications.
  • Penhall will lead all internal and external communications and will report to Tim Craven, executive vice president of human resources.
  • Penhall brings more than 20 years of communications, reputation management and social responsibility experience for large, complex organizations.
  • Prior to UNC Charlotte, Penhall spent seven years at Lowe's Companies Inc. and served as vice president of the corporate communications and corporate social responsibility functions.

Steves Prevails in Historic Antitrust Litigation as JELD-WEN is Forced to Divest Towanda Plant, Restoring Competition to Doorskin Market

Retrieved on: 
Tuesday, August 3, 2021
Architecture, Legal, Construction & Property, Other Manufacturing, Professional services, Other Construction & Property, Manufacturing, Residential Building & Real Estate, Jeld-Wen, Klamath Falls, Oregon, United States antitrust law

Steves and Sons filed its lawsuit against JELD-WEN in June, 2016, alleging that JELD-WEN violated the U.S. antitrust laws in 2012 when it merged with a competitor (CMI) and acquired the Towanda doorskin plant.

Key Points: 
  • Steves and Sons filed its lawsuit against JELD-WEN in June, 2016, alleging that JELD-WEN violated the U.S. antitrust laws in 2012 when it merged with a competitor (CMI) and acquired the Towanda doorskin plant.
  • Doorskins are critical components in door manufacturing the front and back molded facings of most interior residential doors.
  • We and our customers can operate in the confidence that Steves can deliver on orders as we always have.
  • Further, JELD-WEN must also reimburse Steves the tens of millions of dollars in attorney fees it incurred in prosecuting this case.

JELD-WEN Holding, Inc. engaging investors at upcoming conferences

Retrieved on: 
Monday, July 26, 2021
Jeld-Wen, Klamath Falls, Oregon, Companies, Barclays

Gary S. Michel, president and chief executive officer, will participate in a virtual fireside chat discussion at the Barclays Select Series: Building and Building Products Conference on Tuesday, August 10, 2021 at 8:00 a.m. EDT.

Key Points: 
  • Gary S. Michel, president and chief executive officer, will participate in a virtual fireside chat discussion at the Barclays Select Series: Building and Building Products Conference on Tuesday, August 10, 2021 at 8:00 a.m. EDT.
  • A link to the audio webcasts for both conferences, along with replay and additional information, will be available on the investor relations portion of the company's website at https://investors.jeld-wen.com .
  • The JELD-WEN team is driven by innovation and committed to creating safe, sustainable environments for customers, associates, and local communities.
  • The JELD-WEN family of brands includes JELD-WEN worldwide; LaCantina and VPI in North America; Swedoor and DANA in Europe; and Corinthian, Stegbar, and Breezway in Australia.

bidadoo Names Frank Wilson as Vice President of Operations, Industry Veteran Executive to Help Scale International Infrastructure

Retrieved on: 
Thursday, July 22, 2021
Jeld-Wen, Klamath Falls, Oregon, Ritchie Bros. Auctioneers, Ritchie, Vice President of the United States, Companies, Service companies

To better serve its growing international customer base, bidadoo is excited to announce the appointment of Frank Wilson, Vice President of Operations.

Key Points: 
  • To better serve its growing international customer base, bidadoo is excited to announce the appointment of Frank Wilson, Vice President of Operations.
  • Recent positions include Vice President of Operations with Ritchie Bros. Auctioneers, Senior Vice President of Rollac Shutters, and General Manager at Jeld-Wen.
  • "We are very proud to add such industry veterans and leaders to the bidadoo team to help scale the organization to support our growing customer needs."
  • To support bidadoo's surging growth, Wilson will spearhead the development of the international infrastructure to scale the organization to meet bidadoo customer's transition to online marketplaces.

JELD-WEN Announces Date of Earnings Release and Conference Call for 2021 Second Quarter Results

Retrieved on: 
Tuesday, July 6, 2021
Jeld-Wen, Klamath Falls, Oregon, New York Stock Exchange, Charlotte, North Carolina, Geography of North Carolina, North Carolina, Economy of the United States

CHARLOTTE, N.C., July 6, 2021 /PRNewswire/ --JELD-WEN Holding, Inc. (NYSE: JELD) today announced that it will release second quarter 2021 results before the market opens on Monday, August 2, 2021.

Key Points: 
  • CHARLOTTE, N.C., July 6, 2021 /PRNewswire/ --JELD-WEN Holding, Inc. (NYSE: JELD) today announced that it will release second quarter 2021 results before the market opens on Monday, August 2, 2021.
  • The company will hold a conference call to discuss the results at 8 a.m. EDT that same day.
  • For those unable to listen to the live event, a replay will be available on the company's website approximately two hours following completion of the call.
  • The JELD-WEN team is driven by innovation and committed to creating safe, sustainable environments for customers, associates, and local communities.

NN, Inc. Names Mike Felcher as Chief Financial Officer

Retrieved on: 
Tuesday, June 15, 2021
Jeld-Wen, Klamath Falls, Oregon, NASDAQ, Finance, New York City, Economy of the United States

CHARLOTTE, N.C., June 15, 2021 /PRNewswire/ --NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today named Mike Felcher as Senior Vice President and Chief Financial Officer effective July 1, 2021.

Key Points: 
  • CHARLOTTE, N.C., June 15, 2021 /PRNewswire/ --NN, Inc. (NASDAQ: NNBR), a diversified industrial company, today named Mike Felcher as Senior Vice President and Chief Financial Officer effective July 1, 2021.
  • Tom DeByle, NN's outgoing Chief Financial Officer, said, "I am extremely proud of our team's focus and successful accomplishments since joining the Company in 2019.
  • Mr. Felcher has served as NN's Chief Accounting Officer since June 2018.
  • Prior to joining the Company, he served as the Vice President, North America Chief Financial Officer for JELD-WEN, Inc., a publicly held, global manufacturer of doors and windows, from 2013 to 2017.

JELD-WEN Unveils Multi-Faceted Growth Strategy at Inaugural Investor Day

Retrieved on: 
Tuesday, May 18, 2021
Jeld-Wen, Klamath Falls, Oregon, Innovation, Articles

b'CHARLOTTE, N.C., May 18, 2021 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD) unveiled its multi-faceted growth strategy today during the company\'s inaugural investor day.

Key Points: 
  • b'CHARLOTTE, N.C., May 18, 2021 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE: JELD) unveiled its multi-faceted growth strategy today during the company\'s inaugural investor day.
  • "We have a well-defined strategy and business operating system that are driving transformation and delivering profitable organic growth," Michel added.
  • They described JEM\'s systematic approach to deliver a sustainable, superior, and differentiated level of performance improvement for customers and other stakeholders.
  • JELD-WEN leaders also detailed the components of its above-market growth strategy through innovation and focus on commercial excellence.

The Onex Group Completes Secondary Offering of JELD-WEN

Retrieved on: 
Thursday, May 13, 2021
Onex Corporation, Jeld-Wen, XC2, Onex, Companies of Canada, Companies, Finance

JELD-WEN is one of the world\'s largest door and window manufacturers.\nGross proceeds to the Onex Group will be approximately $288\xc2\xa0million, of which Onex\xe2\x80\x99 share will be approximately $71\xc2\xa0million as a Limited Partner in the Fund and as a co-investor.

Key Points: 
  • JELD-WEN is one of the world\'s largest door and window manufacturers.\nGross proceeds to the Onex Group will be approximately $288\xc2\xa0million, of which Onex\xe2\x80\x99 share will be approximately $71\xc2\xa0million as a Limited Partner in the Fund and as a co-investor.
  • Copies of these documents are available free of charge by visiting the SEC\xe2\x80\x99s EDGAR service on the SEC website at www.sec.gov .
  • In total, as of December 31, 2020, Onex has approximately $44\xc2\xa0billion of assets under management, of which approximately $6.8\xc2\xa0billion is its own investing capital.
  • Onex shares trade on the Toronto Stock Exchange under the stock symbol ONEX.

JELD-WEN Continues Growth Momentum with Significant Investment To Expand VPI Quality Windows

Retrieved on: 
Tuesday, May 4, 2021
Jeld-Wen, Klamath Falls, Oregon

b'CHARLOTTE, N.C., May 4, 2021 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE:JELD) today announced a significant investment to expand its footprint in North Carolina.

Key Points: 
  • b'CHARLOTTE, N.C., May 4, 2021 /PRNewswire/ -- JELD-WEN Holding, Inc. (NYSE:JELD) today announced a significant investment to expand its footprint in North Carolina.
  • A new manufacturing facility will open in Statesville to grow their VPI Quality Windows brand.
  • VPI is the leading provider of high-quality custom windows for multi-family, and commercial applications.
  • The new facility will enable JELD-WEN to better serve its expanding customer base.\nStatesville was chosen for its geographic location, qualified workforce, and logistical benefits.