SOURCE: Plastemart.com 10/17/2011 — Growing environmental awareness and a drive towards sustainable solutions among consumers is driving automakers towards advancements in the development of natural fiber composites, with end-use primarily in automotive interiors. Natural fibres have instrinsic properties – mechanical strength, low weight and low cost – that have made them particularly attractive to the [...]
TORONTO, ONTARIO–(Marketwire – 10/03/ 2011) - Onex Corporation (TSX:OCX) and its affiliates (the “Onex Group”) today announced the completion of their investment in JELD-WEN Holding, inc., one of the world’s largest residential door and window manufacturers. The total investment of $871 million includes $689 million from Onex Partners III, of which Onex’ share was $124 million [...]
ORONTO AND OTTAWA — 09/30/2011 /CNW/ – Two of Canada’s largest trade unions are warning Onex chief executive Gerry Schwartz of potential pitfalls of an acquisition of global manufacturer Jeld-Wen. Onex, one of Canada’s largest private equity firms, should be wary of acquiring a foreign corporation accused of anti-labour, union-busting behaviour, say Ken Neumann, United [...]
Jeld-Wen agrees to $850,000 fine for clean air violation By Matt Kish, Business Journal staff writer SOURCE: Sustainable Business Oregon Jeld-Wen Inc., Oregon’s largest private company, has agreed to pay $850,000 to settle allegations that it violated the federal Clean Air Act at facilities in four states. The $850,000 payment will be split between the U.S. [...]
Window and Door Maker Jeld-Wen Deny Bankruptcy SOURCE: Tampa Bay Bankruptcy Center 09/21/2011 — Klamath Falls, Oregon – Window and door manufacturer Jeld-Wen has denied the company is in financial distress and is about to file for bankruptcy. Market talk has it that the company is trying in vain to find buyers for $575 million worth [...]
