Managing Editor of Glass Magazine & Window+Door Magazine, Strategic Communications Specialist, Feature Article Writer
With the wrap-up of another successful #GlassBuild, this week's Window + Door Weekly covers the high points of the event and the latest industry news. The National Glass Association (NGA) unveiled its new board officers and returning board members for the 2023-24 term prior to the start of GlassBuild. Ronald Crowl with Cyncly is the new board chair, Rick Locke with MONTANA SASH & DOOR, INC. is the new chair-elect, Tim Kelley with Tristar Glass, Inc. is the new treasurer, and Brian Hale with Hale Glass, Inc. is immediate past chair. Be sure to check out all the board appointments. Debuting at this year's GlassBuild, the inaugural Window and Door Market Survey, conducted in conjunction with Window + Door and John Burns Research and Consulting, shows a return to normal seasonal demand conditions in 3Q23 following years of continued strong demand post-COVID, as backlogs have been worked through and lead times decline. Price increases of 4.9% in 2024 are expected, driven by increasing costs for labor and materials. Be sure to check out the results and how they'll impact your company in the coming 12 months. Window and door companies continue to strategically acquire businesses that can further product development and regional expansion. Check out the latest M&A news from Boise Cascade Company, BROSCO, Francis-Schulze Company, PGT Innovations, MITER Brands, US LBM, Manning Building Supplies, Masonite®, Fleetwood Windows and Doors, and more. And Andrew Petryk with Brown Gibbons Lang & Company shares how the M&A market is poised to reignite next year, with strategic buyers and private equity raising large amounts of un-invested capital. Of course, the news didn't stop while we were enjoying GlassBuild, and we have the latest from Kolbe Windows & Doors, PGT Innovations, Pella Windows and Doors | Gunton Corporation, LiSEC Austria GmbH, Roto North America, and more. Finally, the best for last... your golden opportunity to share your insights on product, sales and employment trends, as well as supply chain, materials and costs in our anonymous survey, which then helps everyone in the industry to know what lies ahead for fenestration — opportunities and challenges. It only takes about 10 minutes, but the results will help you throughout next year. #WindowDoorWeekly https://lnkd.in/gPmWvEfn
