LONDON Quanex Building
Products Corp. will acquire the assets of window and patio door
screen manufacturer Alumco Inc.
Quanex, the parent company of
aluminum sheet producer Nichols Aluminum LLC, signed a
definitive agreement to purchase Alumco and its subsidiaries in
an all-cash transaction for an undisclosed sum, the
Houston-based company said Tuesday.
The deal is expected to close on
Alumco, based in Chehalis,
Wash., operates nine manufacturing facilities throughout the
United States that produce window and patio door screens for
original equipment manufacturers (OEMs). Alumcos products
primarily serve vinyl window manufacturers, a new area for
Quanex, which makes window screens for the wood window
"The acquisition allows us to
expand our presence in the fenestration segment, ... creates
the opportunity to become a leading window and door screen
producer in North America, allowing us to extend our product
offering and geographic footprint," David Petratis, Quanex
chairman, president and chief executive officer, said in a
Alumco will become part of
Quanexs Engineered Products Group.