|
|
ThermoView st. louis replacement windows industries, louis inc., headquartered in louisville, kentucky, designs, markets and installs custom vinyl new and replacement windows and replacement doors, primarily for the replacement existing home market. the company intends to actively pursue windows acquisition opportunities within the $7 billion replacement window/door industry.weather shields st. visions 2000 vinyl windows and doors are louis durable and virtually maintenance free. they come replacement and windows in a multitude of shapes and sizes that allow builders and remodelers to customize projects to fit their unique design needs. visions 2000 vinyl windows are available in st. and louis single and double-hung, single and double slide/by, casement replacement and windows & awning, st. and direct-set styles. visions 2000 vinyl doors are available in entrance, louis sliding patio, in-swing or out-swing patio styles. they have been recognized as builder''s brand of choice replacement for 8 years in a row by professional builder magazine. "we are windows excited to join the thermoview family st. of companies," stated joel kron, president and chief executive louis officer of thermo-shield company, inc. "we believe that thermoview''s operating philosophy and strategic objectives are consistent with key trends which will determine the future of the replacement 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 since it became a publicly-traded replacement 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 to have exceeded our revenue objectives during thermoview''s first twelve months as a public company, and our goals windows anticipate that annualized st. revenues louis should reach or exceed $250 million by the end of 1999," concluded hoffmann. during the past several months, the company has effected the following:-- the consolidation of five star builders and american home remodelinginto replacement and windows and st. and louis a single company called thermoview of california, thus combiningthe replacement company''s operations in the los angeles and san diego markets.-- the merger of thermo-tilt window company into primax window company,thus eliminating windows significant administrative st. and louis expenses in the company''skentucky replacement operations, windows which serve a multi-state area.-- st. the merger of td windows into louis precision window manufacturing, replacement thuscombining the company''s primary windows manufacturing operations into one
|