ATLANTA — Kroy Building Products is occupying the Fair Bluff, N.C., profile extrusion facility that Owens Corning closed last year.
The deal closed Jan. 15 between York, Neb.-based Kroy and Owens Corning of Toledo, Ohio, said Bill Hamilton, Owens Corning's spokesman.
Terms were not disclosed.
Officials of Kroy, a vinyl decking and fencing manufacturer, disclosed the deal during the International Builders' Show, held Feb. 9-12 in Atlanta.
"We needed more capacity," said Rick Wearne, vice president of sales and marketing. "We were selling everything we could make in our Nebraska facility."
Although Wearne was not sure how many lines Kroy will add, he did say the "lines that are there will grow."
According to Plastics News reports, three lines remained in the facility after Owens Corning moved three machines to vinyl siding plants in Atlanta; Joplin, Mo.; and London, Ontario.
The facility covers 38 acres in two buildings, each of which is 100,000 square feet. Owens Corning closed the plant April 6. Until that time, it was the leading production plant for OC-brand siding.
"I'm not sure what the product mix is going to be," Wearne said. "It could be any combination of our products."
Although Wearne could not disclose Kroy's sales, he did say the new facility will allow the company to meet 2001 growth expectations of 40 percent.
Kroy is a subsidiary of Nortek Inc., a Providence, R.I.-based vinyl siding, window and door manufacturer.