Barrette Outdoor Living Inc. is continuing its rapid growth, acquiring vinyl fence and rail maker National Vinyl Products LLC (NVP) of Nephi, Utah.
Family-owned NVP and its two plants, in Nephi and Dover, Del., will continue to operate independently and serve current customers while boosting NVP's product offerings as part of Barrette.
Barrette said in an Oct. 12 news release that both companies "are committed to sustainability, using recycled materials and providing eco-friendly" products.
NVP began as a vinyl fence distributor in 2001 and launched manufacturing three years later in Nephi. The operation there has grown to cover 60,000 square feet.
The company opened a second plant in September 2020, investing $20 million to buy a 200,000-square-foot building on a 51-acre site in Dover that is still being developed. NVP is leasing itself about 80,000 square feet of a former PPG paint plant and this fall is paving additional space outside to gain about 7 acres of outdoor storage and shipping space, Barrette said via email.
NVP employs 280.
A year ago, NVP predicted its 2020 sales would reach $65 million to $70 million. That estimate placed the company at No. 56 in Plastics News' recently published ranking of pipe, profile and tubing extruders.
Zack Clark, who was NVP's chief operating officer, will now serve as NVP general manager. John David Hadfield, who was NVP CEO and president, will act as an adviser to Clark and Jean desAutels, CEO of Barrette Outdoor Living. NVP was founded by John L. Hadfield.
Barrette, based in the Cleveland suburb of Middleburg Heights, Ohio, manufactures composite decking and vinyl, steel, aluminum and composite fencing and railing. On Oct. 1, Barrette announced it had purchased Madden Manufacturing Co., a maker of metal deck railing and screen enclosures, gaining a plant in Lake Ozark, Mo., and 28 employees.
Two months ago, it announced plans to add equipment, 162 jobs and 40,000 square feet to its 500,000-square-foot plant in Bulls Gap, Tenn.
Barrette's products are sold at home centers, lumberyards and specialty retailers. PN estimated its total 2020 sales at $665 million. The company employs more than 2,000 people at plants throughout the United States and a distribution facility in Canada.
The company is majority owned by TorQuest Partners Inc., a Toronto-based manager of private equity funds, and Quebec Deposit and Investment Fund (Caisse de dépôt et placement du Québec/CDPQ) a long-term institutional investor. Retaining a significant minority share are Les Entreprises Barrette Ltée and a management team headed by desAutels.