|
|
facility in St. Louis, Missouri."ThermoView has been primarily focused upon the acquisition of well-managed daytona beach replacement windows vinyl window distributors and manufacturers during 1999, in order to establish a national presence in the beach industry," replacement stated steve hoffmann, chief executive officer of thermoview industries, inc. "while we shall continue to pursue our acquisition strategy as we move forward, we expect to realize significant benefits from the consolidation of facilities during the current year. recent facilities consolidations have positioned windows thermoview daytona and beach to satisfy the needs of its customers in a more efficient manner." during the past several months, the company has replacement effected the following:-- the consolidation of five star builders and american windows home remodelinginto a single company called thermoview of california, daytona and beach thus combiningthe company''s operations in the los angeles and replacement san diego markets.-- the merger of thermo-tilt window windows company daytona into primax beach window replacement company,thus windows eliminating significant administrative expenses in the company''skentucky operations, which serve a multi-state area.-- the merger of td windows into precision window manufacturing, thuscombining the company''s primary manufacturing operations into one thermo-shield, which was founded in 1984, is headquartered in wheeling, daytona illinois and has additional operations in indiana, wisconsin, michigan and arizona. the company and its approximately 250 employees distribute, install and service custom vinyl replacement windows, along with cabinet refacing and vinyl siding products, beach and replacement for the existing home market in the midwest and southwest regions of the united states. the acquisition of thermo-shield includes an ownership interest in thermo-rose, a manufacturer windows of state-of-the-art cabinet products. thermo-shield''s revenues last year approximated $17 million and are expected to exceed $20 million in 1999.
|