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Thermo-Shield, which was founded in 1984, is headquartered in Wheeling, Illinois and has additional operations in Indiana, Wisconsin, johnson city replacement windows michigan city and arizona. the company and its approximately replacement 250 employees distribute, install and service custom vinyl replacement windows, along with cabinet refacing and vinyl siding products, for the existing windows home market in the midwest and southwest regions johnson of the united states. the acquisition city of thermo-shield includes an ownership interest in thermo-rose, a manufacturer replacement of state-of-the-art cabinet products. thermo-shield''s windows and johnson revenues last year approximated $17 million and are expected to exceed $20 million in 1999. thermoview industries, inc., headquartered in louisville, kentucky, designs, markets and installs custom vinyl new and replacement windows and replacement doors, primarily for the existing home market. the company intends to actively pursue acquisition opportunities within the $7 billion replacement window/door industry.weather shields visions 2000 vinyl windows and doors are durable and virtually maintenance free. they come in a multitude of shapes and sizes that allow builders and remodelers to customize projects to fit their unique design city needs. replacement visions 2000 vinyl windows are available in single and double-hung, single and double slide/by, casement & awning, and direct-set styles. visions 2000 vinyl doors are windows available in entrance, sliding patio, in-swing or out-swing patio styles. they have been recognized as builder''s johnson brand of choice for 8 years in a row by professional builder magazine. "we city are excited to join the thermoview family of companies," stated joel kron, president and chief executive officer of thermo-shield company, inc. replacement "we believe that thermoview''s operating philosophy windows and johnson and strategic objectives are consistent with key trends which will determine city and replacement the future of the replacement windows window industry. the combination of our companies should benefit thermoview''s shareholders and the customers of both organizations."thermoview industries, inc. has acquired or merged with 14 companies johnson since it became a publicly-traded company in april 1998. with the addition of thermo-shield''s approximately $20 million in yearly sales, our company''s annualized revenue ''run rate'' now exceeds $120 million. "we are pleased city to have exceeded our revenue objectives during thermoview''s replacement first twelve months windows as a public company, and our goals anticipate that annualized revenues should johnson reach or city exceed replacement $250 million by the end of 1999," windows concluded hoffmann.
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