20 May 1999: US-based Apogee Enterprises, Inc. announced that it has completed the sale of the stock of its large-scale domestic curtainwall business, Harmon Ltd., to CH Holdings, Inc., a private comp…
20 May 1999: US-based Apogee Enterprises, Inc. announced that it has completed the sale of the stock of its large-scale domestic curtainwall business, Harmon Ltd., to CH Holdings, Inc., a private company located in St. Louis, Missouri. Harmon Ltd. is the nation“s largest designer and installer of curtainwall and window systems for non-residential construction. In fiscal 1999, Harmon Ltd. generated revenues of approximately US$ 85 million. By comparison, Apogee reported fiscal 1999 consolidated net sales of approximately US$ 793 million, which excluded the following discontinued operations: domestic and international curtainwall operations, and the Norment detention & security unit.