Woodgrain Completes Jeld-Wen Towanda Plant Acquisition
Fruitland, ID. – January 20, 2025 – Woodgrain Inc. (“Woodgrain”), a leading millwork and building products company has closed on its acquisition of the Towanda, Pennsylvania plant (“Towanda”) from JELD-WEN Holding, Inc. (NYSE: JELD) (“JELD-WEN” or the “Company”). Woodgrain now assumes full ownership of the Towanda plant.
“We are excited to welcome the skilled Towanda associates into the Woodgrain family and eager to work with Towanda’s valued customer base in continuing to service and grow their business,” said Kelly Dame, CEO and President of Woodgrain.
The Towanda plant manufactures molded interior door skins, as well as wood composite MiraTEC® exterior trim and Extira® exterior grade panels.
Wells Fargo served as the exclusive financial advisor to Woodgrain.
Woodgrain is family-owned and one of the leading millwork and building products operations in the world with locations throughout the United States and Chile. With 70 years of quality craftsmanship and service, Woodgrain is a leading producer of moulding, doors, windows and lumber, as well as a premier distributor of specialty building products. Woodgrain, Inc. is headquartered in Fruitland, Idaho with over 50 manufacturing and warehouse facilities in the United States and South America. For more information, visit www.woodgrain.com.
