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Arcadia Inc., a Los Angeles based commercial aluminum and steel window and door manufacturer, has purchased the assets of Architectural Traditions, a residential wood and steel door and window manufacturer located in Tucson, Ariz. This move marks the expansion of the company into the residential market, and it has launched a new division: Arcadia Custom, to supply doors and windows to the luxury housing market.
“Architectural Tradition’s existing product mix and established customer base, provides us with an excellent platform to increase our presence in the residential window and door market segment,” says Jim Schladen, president of Arcadia Inc.
Arcadia Custom operates in the same Architectural Traditions Tucson facility and has hired back much of their staff. Arcadia Custom will also supply Arcadia Inc.’s line of Thermally Broken Aluminum and Steel Windows and Doors through this new residential distribution network.
Architectural Traditions closed its doors suddenly on April 14, leaving many customers in the lurch, many of them having lost deposits.
At the time of the closing, the website for Architectural Traditions stated the following: “Architectural Traditions announces the closing of its business, effective April 14, 2014, due to unforeseen financial issues. We will not be able to complete any outstanding orders. If you have a deposit with our company for work to be completed, it will not be paid at this time. We will work with the company’s secured lender to liquidate the company. In the event there are any proceeds received from liquidation beyond the secured debt we will facilitate a pro-rata distribution to our creditors, although it is unlikely there will be remaining funds.”
