Building a Future for Distributors and Dealers of Building Products
Volume 44, Issue 6 July/August 2005
MERGERS AND ACQUISITIONS
Cleary Millwork and M-N Merge
Effective July 11, 2005, two New England-based wholesale distributors—Cleary Millwork and Martin-Namco—will join forces. According to a company release, neither company is acquiring the other, but the company will use the Cleary Millwork name.
It was less than two years ago that NAMCO merged with Martin Millwork, forming Martin-Namco (M-N). Now all operations at Martin-Namco’s existing Springfield facility will move into Cleary’s facility in Rocky Hill, Conn., where the majority of the new company’s wholesale operations will be conducted. Martin-Namco’s sales office and custom manufacturing in Somerset, Mass., will remain unchanged.
The new Cleary Millwork is intended to better serve lumber dealers and millwork houses throughout New England and Eastern New York by combining their product offerings, sales forces, production capabilities and delivery fleets. Key product lines currently include Kolbe & Kolbe windows and doors, Peachtree windows & doors, Coffman stairparts, Rogue Valley doors, HB&G columns, Masonite interior and steel and fiberglass doors, Jeld-Wen doors, TruStile and New England Classic wall paneling. In addition, the company manufactures custom preassembled straight and curved stairs, custom windows and doors and signature mouldings.
The combination of these companies is intended to assure customers good service and a wide selection of products and services as the new company works to live up to its mission statement, “to provide exceptional products and services to every customer, every time.”
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Lanoga Corp. Purchases Central Kansas Truss
Redmond, Wash.-based Lanoga Corp. has announced its purchase of substantially all the assets of Central Kansas Truss Inc. (CKT), a large independent truss and component manufacturer based in Valley Center, Kan.
Lanoga president and chief executive officer Paul Hylbert said, “We are very excited about having the CKT team join our United Building Center (UBC) division. Jim Hedden and Jeff St. Clair, the prior owners, have done a terrific job of serving builders in Wichita and the surrounding market. We will be looking to support their growth, particularly in serving our other UBC facilities in Kansas.”
Dale Kukowski, UBC president stated, “We are pleased to welcome the team of 85 capable CKT people to our organization and look forward to working with Jim and Jeff in expanding the strong base of business that they have established.”
Terms were not disclosed.
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Andersen Corp. Acquires Eagle Window and Door
Andersen Corp. of Bayport, Minn., has finalized its purchase of Eagle Window and Door, an Iowa-based manufacturer of aluminum clad wood windows and patio doors. Eagle will be operated as a managed, wholly-owned subsidiary in its Dubuque, Iowa-facility, according to the company.
“Eagle Window and Door is a great strategic fit for our company,” said Jim Humphrey, president and chief executive officer of Andersen. “We now have another piece of the puzzle we are building to make Andersen a more complete supplier, especially in the high-end, residential new construction segment of the market.”
Representatives at Eagle were equally pleased with the change. The company’s product line includes a range of design options including standard exterior colors, wood species, factory interior finishes, decorative glass and blinds between glass.
“The purchase by a market leader who is focused on the long-term growth of the business gives our employees and customers a partner that will help to take us to the next level,” said Dave Beeken, Eagle president and chief executive officer.
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New Report Examines Green Policies for Affordable Housing
A report released by The Enterprise Foundation showed that state housing agencies are encouraging affordable homebuilders to utilize a wide range of green building practices to make homes healthier, more efficient and more sustainable.
A Greener Plan for Affordable Housing summarizes elements in state plans for allocating federal low income housing tax credits in the areas of smart site locations, energy and resource efficiency and healthy living environments.
“A Greener Plan for Affordable Housing shows states are serious about ensuring that the affordable homes they help provide conserve energy and natural resources, promote healthier living and support state and local strategies to connect affordable homes to transportation and job opportunities,” said Bart Harvey, chairperson and chief executive officer of The Enterprise Foundation.
The report finds that many states encourage developers to meet some standard of energy and/or water efficiency, utilize sustainable, durable materials and ensure proximity to services and amenities. A smaller number of states are taking a more holistic approach that emphasizes strong conservation, healthy homes and smart site location approaches.
The report is available at www.GreenCommunitiesOnline.com.
Builders Make Few Changes as Storm Season Begins
According to an April 2005 article in Florida’s Sun-Sentinel, builders are making few, if any, changes in the way they do business to prevent damage in the upcoming hurricane season. The article reported that, despite a 65-page report released last year by the Florida Home Builders Association (FHBA) that called for modifications in key construction techniques, no substantial changes have been made to the Florida Building Code, and none are expected before July 2006.
The report by Joseph William Lstiburek, Ph.D., P. Eng., of Building Science Corp., Rainwater Management Performance of Newly Constructed Residential Building Enclosures during August and September 2004, blamed the leaks Florida homes on a number of causes, including poorly-designed foundations, block walls and roof vents; cracks in the stucco or cementitious material covering exterior walls; poorly-installed windows and doors; and cheap dryer vents. It also noted that most homes built before 2000 did not leak, possibly because they had been repainted.
According to the article, the study recommended several code changes, as well as voluntary modifications in construction practices, that would result in redesigned foundation slabs, improved expansion joints and windows that funnel water out of a home rather than allowing it to puddle inside. However, the article added, the only change to the building code that seems likely this year would permit roofs to be built without air vents.
These can allow wind-driven rain to blow into the attic, down the walls and into the house. Such a bill is moving through the Florida state legislature. The Florida Building Commission is still studying the issue and members have said they will not be ready to pass new regulations until July 2006 when the code is next scheduled for revisions.
The fact that many of the region’s largest production builders have refused to fix hurricane-related water damage has led to two lawsuits by nearly 90 homeowners, with four other groups threatening to follow suit, according to the article.
The water intrusion report is available from the FHBA’s website, www.fhba.com.
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