|
|
"With respect to specific markets, we believe the consolidation of our Southern California operations under a single umbrella known as ThermoView of California will allow us to further penetrate one of louisville replacement windows america''s largest replacement window markets with a unified marketing program and more efficient utilization of replacement assets," observed charles windows l. smith, louisville chief operating officer of thermoview industries, inc. "in kentucky, replacement we have combined our platform company, thermo-tilt window company, with primax window company, thereby eliminating an entire distribution facility and windows administrative cost structure in the process." headquartered in louisville, kentucky, louisville thermoview industries, inc. designs, manufactures, markets, installs and services custom vinyl new and replacement windows and replacement doors, primarily for the existing home market. the company intends to pursue acquisition opportunities within the $7 billion replacement window/door industry. the company''s common stock is traded on the american stock exchange under the ticker symbol "thv".louisville, ky., march 24 /prnewswire/ -- thermoview industries, inc. ("the company") (otc bulletin board: tvii), which designs, manufactures, markets and installs replacement custom vinyl new and replacement windows and other home improvement products, today announced that it has acquired thermo-shield company, inc. ("thermo-shield") for an undisclosed windows and louisville amount of cash and common replacement stock. facility windows in louisville st. louis, missouri."thermoview has replacement and windows been primarily focused upon louisville the acquisition of well-managed replacement vinyl window distributors and manufacturers during windows 1999, in order to louisville establish replacement a national windows presence in the industry," stated steve hoffmann, chief executive officer of thermoview louisville industries, replacement inc. "while we shall continue windows and louisville to replacement pursue our acquisition strategy as we move forward, we expect to realize significant windows benefits louisville from the consolidation of facilities during the current year. recent facilities consolidations have positioned thermoview to satisfy replacement the needs of its customers in a more windows efficient manner."
|