Forest products firm buys wood, vinyl windows makers

By Catherine Kavanaugh
Staff Reporter

Published: August 5, 2014 4:42 pm ET
Updated: August 5, 2014 4:46 pm ET

Image By: Superseal The Superseal brand vwill become Sierra Pacific Industries' first line of vinyl windows and doors.

Related to this story

Topics Mergers & Acquisitions, Pipe/Profile/Tubing, United States, Windows & doors

Sierra Pacific Industries (SPI), a family-owned forest products company based in Anderson, Calif., completed its purchase of HWD Acquisitions Inc., which makes Hurd and Superseal windows and doors, from the private equity firm Longroad Asset Management LLC.

The acquisition gives SPI its first line of vinyl windows and patio doors via Superseal’s products, additional manufacturing facilities, a presence in the central and eastern regions of the United States, and access to international markets.

Terms were not disclosed for the deal, which SPI says creates the most vertically integrated window company in the industry.

SPI owns and manages 1.9 million acres of timberland in California and Washington. The company says it is the second largest producer of lumber and largest manufacturer of millwork in the United States. From tress to finished products, SPI oversees a huge supply chain.

Medford, Wis.-based HWD makes products under the Hurd and Superseal brands and does business as Hurd Windows & Doors. HWD acquired Hurd’s assets, including two factories in Medford and Merrill, Wis., in 2008. Three years later, Hurd bought New Jersey-based Superseal Manufacturing Co. as part of a strategy to broaden its mix of wood products with a vinyl line for the replacement window market. The New Jersey facility became a distribution center.

Hurd upgraded the equipment and building in Merrill to convert it for Superseal production in 2012. Superseal’s headquarters moved there but it operated as an independent subsidiary because of strong brand recognition. Superseal products have been on the market for more than 50 years.

The current line of Superseal windows and patio doors come in a wide variety of styles, sizes, shapes and colors with a range of decorative and energy-efficient glazing options.

SPI purchased HWD Acquisitions from Connecticut-based Longroad Asset Management LLC, an investment firm that held Hurd for six years. Hurd products are sold through 400 distributors in the United States, Canada and 20 countries.

In the last six years, Hurd’s market share has doubled, according to an SPI news release. SPI will keep both the Hurd and Superseal brands to diversify its product offerings. No details were given but SPI says it also plans to make capital investments to grow the combined SPI/Hurd company.

“We invest in trees that take 60 years to mature. So we always take a long-term view of business,” SPI President George Emmerson said in a news release.

SPI is a third-generation, family-owned business with lines of wood and aluminum-clad windows and doors. The company follows forest management practices that meet standards of the independent Sustainable Forestry Initiative.


Comments

Forest products firm buys wood, vinyl windows makers

By Catherine Kavanaugh
Staff Reporter

Published: August 5, 2014 4:42 pm ET
Updated: August 5, 2014 4:46 pm ET

Post Your Comments


Back to story


More stories

Image

Brown signs California's plastic bag ban into law

September 30, 2014 1:38 pm ET

Gov. Jerry Brown (D) made it official today: plastic bags are banned across the entire state of California.    More

Image

Welding equipment supplier Forward completes expansion

September 30, 2014 4:08 pm ET

Plastic welding equipment producer Forward Technology completed an expansion it predicts will help customers become more efficient and cut costs.    More

Image

Extreme Tool uses remote Michigan location to attract younger workers

September 30, 2014 3:47 pm ET

“I'm not saying there's anything wrong with being an old guy like me. But I do believe in the power of youth and reinvesting in training. The...    More

Image

Teens put a cap on watery ketchup

September 30, 2014 1:57 pm ET

Whether you spell it ketchup or catsup, use it on burgers or fries, or prefer Heinz or Hunt's, there is one universal problem for the ages: That...    More

Image

Toyoda Gosei pleads guilty, agrees to $26 million fine for price fixing

September 30, 2014 11:27 am ET

Toyoda Gosei Co. Ltd. has pleaded guilty and agreed to pay a $26 million fine for its alleged role in an international conspiracy to rig bids and fix ...    More

Market Reports

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 million dollar plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our industry analysis highlights macro industry trends and micro trends faced by companies that do business in Mexico. The report also provides key industry statistics and forecasts to anticipate future industry expansion.

Learn more

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

More Events