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As managing editor of Plastics News, I scan scores of Web sites, emails and news releases daily, and stay in constant touch with our network of global staff reporters and correspondents -- the largest reporting team in the plastics industry. I distill the more interesting items into commentary for this blog. Plastics News, part of Crain Communications Inc., began publishing weekly news in 1989, and launched a bilingual China site in mid-2005. In 2007, Crain acquired the two leading English-language plastics publications in Europe - Plastics & Rubber Weekly and the monthly European Plastics News.
Atrium Cos., a major fabricator of vinyl windows and doors, may have a new owner -- garage-door maker Griffon Corp. That's according to a Bloomberg news report today, which quoted lawyers involved in Atrium's Chapter 11 reorganization.
The report says Griffon is competing with two private equity firms, Golden Gate Capital and Kenner & Co., which are working together, and have bid $465 million.
Dallas-based Atrium filed for bankruptcy in January.
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