Biddeford, Maine-based Correct Building Products LLC has acquired Troy, Ala.-based Tendura Corp. - a maker of wood-plastic composite tongue-and-groove porch flooring profiles.
Correct has been extruding Tendura profiles, made of pine and polypropylene, since October.
Terms of the deal, which closed in June, were not disclosed.
Correct officials said the Tendura acquisition is an opportunity to grow their PP-focused business, teaming a market leader in the alternative porch flooring category with CorrectDeck, a PP-wood composite deck and railing product.
``It has had some hiccups, Tendura, in switching from manufacturer to manufacturer. We want to bring some consistency to that,'' said Correct President Marty Grohman, in a July 2 telephone interview. He said the previous extruder of the porch boards was unable to meet demand.
``We made some design changes based on our very substantial experience in wood-plastic composite extrusion. It will take care of some of the things that plagued it in the past. It's a really nice fit.''
Grohman said he believes Tendura to be the No. 1 player in the alternative porch profile market.
Correct already has added another extrusion line dedicated to Tendura profiles.
Correct has differentiated itself in plastic building products by manufacturing with PP when most of its competitors are processing polyethylene.
``We're focused on specialty niches,'' Grohman said. ``We want to dominate ultralow-maintenance decking and we want to dominate [porch flooring]. We know we'll never dominate overall, but we feel we can do well in these niches.''