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SIMONTON WINDOWS SOLD FOR $630 MILLION |
| (02/11/2006) |
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Simonton Widows and other assets owned by SBR Incorporated has been sold for $630 million. Simontown is the biggest seller of vinyl hurricane-resistant windows, and is known locally as a Ritchie Co. employer and supplier of doors and windows. Fortune Brands says its acquisition of SBR Incorporated would allow the company to capitalize on the high-margin market for vinyl-framed windows and beef up its home and hardware business. Fortune Brands makes Jim Beam bourbon, Moen faucets, Master Lock padlocks and Titleist golf gear.
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