JELD-WEN is an American company with its headquarters in Charlotte, North Carolina. It is one of the world's largest manufacturers of windows and doors. The company operates more than 120 manufacturing facilities in 19 countries. JELD-WEN designs, produces and distributes interior and exterior doors, wood, vinyl and aluminum windows, wall systems, shower enclosures, closet systems and other components used in the new construction, as well as repair and remodel of residential homes and non-residential buildings.
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History
JELD-WEN was founded in 1960 by Richard "Dick" Wendt when he, together with four business partners, bought a millwork plant in Klamath Falls, Oregon. The company first established operations to support their millwork business and later added other materials to its offering including fiber, vinyl, aluminum and steel.
During the 1970s and 1980s, JELD-WEN grew through vertical integration and acquisition. By 1989, JELD-WEN was ranked seventh among privately held companies in Oregon with revenues of more than $350 million.
Throughout the 1990s, JELD-WEN continued diversification efforts, moving into additional areas of service and expanding to new countries and continents. In 1996, Forbes ranked JELD-WEN at 225 of the nation's top 500 privately owned companies. In 1997, it was ranked 119 and revenues were estimated at $1.39 billion.
By the early 2000s, JELD-WEN was operating throughout the United States, Canada, Mexico, Chile, Europe, Australia, and Asia. JELD-WEN also diversified in to the home center business and began selling through big-box retailers.
JELD-WEN was recapitalized by Onex Corporation in 2011 following the housing market downturn. JELD-WEN went public through an IPO on the New York Stock Exchange on January 27, 2017. The company completed a secondary offering in May 2017.
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Recent Acquisitions
JELD-WEN has grown largely through acquisition and diversification and this strategy has accelerated over the past several years. From 2015-2017, the company completed nine acquisitions, including DOORIA, Aneeta, Karona, LaCantina, Trend, Breezway, Mattiovi Oy, Milliken Millworks, and Kolder Group.
JELD-WEN Brands
JELD-WEN brands include JELD-WEN®, AuraLast®, MiraTEC®, Extira®, LaCANTINA(TM), Karona®, ImpactGuard®, Aurora®, IWP®, Stegbar®, Regency®, William Russel Doors®, Airlite®, Trend(TM), The Perfect Fit(TM), Aneeta®, Breezway®, Corinthian®, Swedoor®, Dooria®, DANA®, and Alupan®.
Environmental Stewardship
JELD-WEN pursues processes that are designed to minimize waste, maximize efficient use of materials, and conserve resources, including the use of recycled and reused materials as part of the company's products.
JELD-WEN products can be integrated into commercial or residential projects pursuing certification through the U.S. Green Building Council (USGBC LEED), the International Living Future Institute (Living Building Challenge), the Green Building Initiative, or the National Green Building Standard.
The company has been an ENERGY STAR® partner since 1998 and is a USGBC National Member and GBI Board Member. JELD-WEN is an active member of the International Living Future Institute and Living Product 50 (LP 50).
Charitable Activities
JELD-WEN began formal community support initiatives in 1969 and continues to provide financial assistance through grants, scholarships, and matching employee donations to the United Way.
See also
- List of companies based in North Carolina
References
External links
- JELD-WEN (official website)
Source of the article : Wikipedia
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