TORONTO - Jannock Ltd. of Toronto on June 5 purchased Bird Corp.'s vinyl windows plant in Leechburg, Pa., to complement its vinyl siding business. Jannock had an option to buy the windows operation following its acquisition of Bird's Bardstown, Ky., vinyl siding plant on March 9. It paid Bird, based in Dedham, Mass., $2.8 million for the Leechburg plant, which will operate under the name Ken-sington Windows Inc.
Leechburg, which has 100,000 square feet of space and 200 unionized workers, focuses on the residential replacement market. The operation fabricates windows using profiles sourced from outside extruders, including the Bardstown plant.
Jannock Vice President Brian Jamieson said his firm has not decided whether Leechburg will rely more heavily on vinyl profiles sourced from Bardstown or other Jannock extrusion plants.
Jannock said the window operations' 1994 sales were $24 million, primarily in the northeastern United States. Jamieson said the operation has been running well below its annual production capacity of $50 million.
Jannock's extrusion-related sales in 1994 were $168 million, which ranks the firm as North America's 11th largest extruder of plastic pipe, profiles and tubing. The company's sales also place Jannock fifth among top profile extruders in North America.
R. Jay Atkinson, Jannock's president and chief executive officer, said the vinyl window market is growing at double-digit rates. He also said in a news release that the acquisition opens possibilities for Jannock to buy similar businesses in the future.
Jannock bought the Bardstown siding plant and business, renamed Bird Vinyl Products Ltd., for $47.5 million. It is located on 46 acres 30 miles south of Louisville, Ky. It has capacity to make 120 million square feet of siding annually. The 270,000-square-foot operation employs 200, of which 170 are unionized.