More Growth for Cardinal; Company to Purchase Viracon’s Statesboro Facility
Cardinal Glass Industries, based in Eden Prairie, Minn., is continuing to grow its U.S. operations. The company has purchased Viracon’s architectural glass facility in Statesboro, Ga., from Minneapolis-based Apogee Enterprises. The transaction is expected to close in the fourth quarter of fiscal 2022, subject to certain closing conditions.
In August, Apogee announced its intent to close the Statesboro location as a part of a broader restructuring plan. Cardinal Glass plans to repurpose the facility to support its residential glass business, according to the statement.
“Cardinal Glass has a long history of working together with Apogee and its Viracon business,” says Kyle Petersen, president of Cardinal LG. “We are excited about the opportunity to purchase the Statesboro facility and expand Cardinal’s residential glass capability in the Southeastern United States. We are especially impressed with the quality of the team in Statesboro and look forward to building a lasting relationship with those employees and the Statesboro community.”
Ty R. Silberhorn, Apogee’s CEO, adds, “This sale agreement is a terrific outcome for Apogee, our employees in Statesboro, and the surrounding community. This transaction will further improve Apogee’s already strong financial position and gives us more financial flexibility as we move forward with implementing our new enterprise strategy.”
According to a press release, Apogee expects to record a pre-tax gain on the sale of between $18 million to $20 million.
Dip-Tech, Triulzi Collaborate on Printing Line Solution
Dip-Tech, the digital ceramic glass printing business unit of Ferro, is collaborating with machinery and equipment companies as part of its end-to-end printing line solution. These partnerships include working with Triulzi, which develops custom washers for Dip-Tech customers.
“We’re committed to truly understanding our customers’ system requirements and delivering a comprehensive, tailored solution that meets those needs,” says Erik de Jongh, co-managing director of DipTech. “Our partnerships with leading auxiliary equipment manufacturers, merged with Dip-Tech’s world-leading expertise in digital printing and inks, creates an integration of excellence. The result is our printing line solution that complements our full-solution approach and raises the quality of our final product.”
KGA Keeps an Eye on Expansion
It’s been a busy year for Kensington Glass Arts Inc. (KGA), and the company has no plans to slow down. The Maryland-based glass supplier, commercial glazier, and distributor of architectural glass is in growth mode. In September, it opened its fifth location, a distribution center and field office in Richmond, Va., about 130 miles away from its headquarters in Ijamsville, Md. Vice president of business development Bill Wilson says in 2022 KGA will also expand production capacity at the primary facility in Ijamsville
by 23,000 square feet—nearly doubling its current size.
In addition, the company has locations in Frederick, Md., Baltimore, and Sterling, Va. The latter extended the production capacity of the primary plant and took the company closer to the Virginia capital.
“We look at every job opportunity as it takes us someplace beyond where we are. We rarely say no. We look at jobs as an expansion platform. Our planned growth into Baltimore was our first field office; that went well. Then we moved into Sterling, Va., to give us more capacity and put us a little closer to Richmond. We opened up Richmond this year as another strategic market. We’re looking into North Carolina, so each move is strategically planned for growth.”
The company’s manufacturing plant processes about 160,000 to 200,000 pounds of glass every week, Wilson says, and about 200 pieces of glass leave the company’s headquarters every day. KGA trucks deliver most orders going to projects outside the metro Washington, D.C., area, such as Boise, Denver, Charlotte, or even Miami. Regardless of the destination, he says those projects can lead to new KGA branches.
“We think we have a model that we can replicate over a wider and wider geography, so we’re not slowing down,” Wilson says.
All Weather Named One of the “Best Places to Work”
For the second consecutive year, the North Bay Business Journal named All Weather Architectural Aluminum (All Weather) one of this year’s “Best Places to Work.” All Weather manufactures custom aluminum doors and windows for the West Coast commercial and high-end residential construction market. This recognition highlights workplace practices and recognizes organizations for their support and commitment to their employees.
“We have a great culture that offers mutual support, promotes trust, rewards employees’ efforts, and ensures that employees know their work is meaningful,” says company president Bertram DiMauro. “Professional growth is a priority, and we ask employees what they are interested in doing and how they want to see their career unfold.”
To view the laid-in version of this article in our digital edition, CLICK HERE.