Masonite International Corporation (NYSE: DOOR) was founded in 1925 and is headquartered in Tampa, Florida. It has 10,000 full-time employees and designs, manufactures and distributes new construction and repair, renovation and remodeling departments in the global residential and non-residential construction market. Indoor and outdoor doors .
Masonite International Corporation (DOOR):
Masonite International Corporation is a company headquartered in Tampa, Florida. Masonite produces interior and exterior doors, door assemblies and door entry systems. Masonite is one of the world’s largest manufacturers and sellers of commercial and residential doors. The company produces more than 120,000 indoor and outdoor wood, fiberglass and metal doors every day, and has more than 60 factories in 12 countries/regions in North America, South America, Europe, Asia and Africa.
Masonite International Corporation provides residential doors of various materials, as well as architectural interior doors. Maisonte also provides a variety of door components, including interior door trims, agricultural fiber and particleboard door cores, MDF and wooden rootstock components, key door components, wood veneer door skins, and mineral and particleboard door cores.
Masonite International Corporation sells its products to construction contractors and builders under the brands Masonite, Premdor, Masonite Architectural, Marshfield-Algoma, Mohawk, Megantic, Solidor, Residor, Nicedor, Door-Stop International, Harring Doors, National Hickman and Graham-Maiman. , Homeowners, retailers, dealers, logging yards, commercial and general contractors, and architects wholesale and retail distribution channels.
Masonite International Corporation (DOOR) History:
Masonite was founded by engineer and inventor William H. Mason, who discovered a more effective way of using wood in construction materials. The result is a material called Masonite.
Later, Kohlberg Kravis Roberts (KKR) privatized Masonite through a leveraged buyout. Under the leadership of KKR, Masonite went bankrupt.
On March 16, 2009, 85 days after submitting the preliminary review documents, Masonite completed the financial reorganization and broke away from the Chapter 11 proceedings in the United States and the CCAA protection procedures in Canada.
Nearly four years after bankruptcy, Masonite filed a registration statement with the US Securities and Exchange Commission in 2013 to become a listed company by IPO again.
In 2015, Masonite acquired Hickman Industries, a British company that won the Queen’s Award.