Tuesday, December 24, 2024
spot_img
spot_img
HomeNewsBusiness WireCornerstone Building Brands Completes Acquisition of Union Corrugating Company; Expands Metal Roof...

Cornerstone Building Brands Completes Acquisition of Union Corrugating Company; Expands Metal Roof Offering to Residential Market

CARY, N.C.–(BUSINESS WIRE)–Cornerstone Building Brands, Inc. (NYSE: CNR) (the “Company”), the largest manufacturer of exterior building products in North America, today announced that it had completed the acquisition of Union Corrugating Company Holdings, Inc. (“UCC”), a leading provider of metal roofing, roofing components, and accessories.

“We are excited to welcome our UCC colleagues to the Cornerstone Building Brands family,” said Rose Lee, President and Chief Executive Officer. “With the addition of UCC, we are expanding our solutions offerings to customers in the growing residential metal roofing market and are positioned to realize greater manufacturing economies of scale.”

The transaction was funded with cash on hand and the Company will report UCC results through the Commercial business segment.

About Cornerstone Building Brands

Cornerstone Building Brands is the largest manufacturer of exterior building products for residential and low-rise non-residential buildings in North America. Headquartered in Cary, N.C., we serve residential and commercial customers across the new construction and repair and remodel markets. Our market-leading portfolio of products spans vinyl windows, vinyl siding, stone veneer, metal roofing, metal wall systems and metal accessories. Cornerstone Building Brands’ broad, multichannel distribution platform and expansive national footprint includes more than 20,000 employees at manufacturing, distribution and office locations throughout North America. Corporate stewardship and environmental, social and governance (ESG) responsibility are embedded in our culture. We are committed to contributing positively to the communities where we live, work and play. For more information, visit us at www.cornerstonebuildingbrands.com

Contacts

Investor Relations
Tina Beskid

Vice President, Finance and Investor Relations

1-866-419-0042

info@investors.cornerstonebuildingbrands.com

spot_img
RELATED ARTICLES
spot_img
spot_img
spot_img

Caribbean News

Central Bank of Trinidad and Tobago: Monetary policy report

November 2024 VOLUME XXVI NUMBER 2 PORT- OF- SPAIN, Trinidad - The Central Bank of Trinidad and Tobago conducts monetary policy geared towards the...

Global News

Taiwan monetary policy: December 2024

By FocusEconomics Taiwan Central Bank leaves rates unchanged in December. Latest bank decision: At its meeting on 19 December, Taiwan’s Central Bank decided to keep the discount...