Masonite Inc. has announced that it has signed an agreement to acquire Marshfield DoorSystems, Inc., a leading provider of doors and door components for commercial and architecturally specified applic…
Masonite Inc. has announced that it has signed an agreement to acquire Marshfield DoorSystems, Inc., a leading provider of doors and door components for commercial and architecturally specified applications. Marshfield“s operations were founded in 1890, and it has been manufacturing and selling high-quality commercial door products since 1908. Marshfield employs approximately 600 people, with a primary facility in Marshfield, WI, and two smaller locations in Greensboro, NC and Largo, FL. Marshfield“s 2010 revenue exceeded USD100 million. The combination of Marshfield and Masonite“s Mohawk branded commercial door business provides our customers with a wider range of innovative door products for the more demanding commercial and architectural applications, stated Fred Lynch, Masonite“s President and CEO. Marshfield also provides an important additional platform of strategic growth for our company. We are excited to join the Masonite team, said Don Bergman, Marshfield“s CEO. Both Marshfield and Masonite have solid reputations for delivering great customer service and quality products and we look forward to partnering with Masonite to provide new opportunities for our customers, employees and suppliers. Bergman, a veteran of the building products industry, will remain with Masonite focusing on expanding Masonite“s commercial and architectural door business. The transaction is expected to close immediately following regulatory approval.