{"id":521308,"date":"2021-08-02T09:03:44","date_gmt":"2021-08-02T13:03:44","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cornerstone-building-brands-to-acquire-cascade-windows-deepens-residential-product-offering\/"},"modified":"2021-08-02T09:03:44","modified_gmt":"2021-08-02T13:03:44","slug":"cornerstone-building-brands-to-acquire-cascade-windows-deepens-residential-product-offering","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cornerstone-building-brands-to-acquire-cascade-windows-deepens-residential-product-offering\/","title":{"rendered":"Cornerstone Building Brands to Acquire Cascade Windows, Deepens Residential Product Offering"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Cornerstone Building Brands to Acquire Cascade Windows, Deepens Residential Product Offering<\/b><\/p>\n<ul class=\"bwlistdisc\">\n<li><strong><i>Advances strategy to further grow in the large, deep windows markets<\/i><\/strong><\/li>\n<li><strong><i>Expands manufacturing footprint in the rapidly growing west coast region<\/i><\/strong><\/li>\n<\/ul>\n<p>CARY, N.C.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nCornerstone Building Brands, Inc. (NYSE: CNR) (the \u201cCompany\u201d), the largest manufacturer of exterior building products in North America, has reached an agreement to acquire Cascade Windows (\u201cCascade\u201d) for a cash purchase price of $245 million. Cascade is a leading independent manufacturer of energy-efficient vinyl windows and doors serving the residential new construction and repair and remodel markets. Headquartered in Spokane Valley, Washington, Cascade has approximately 800 employees at six manufacturing and three distribution locations across the West and Pacific Northwest.\n<\/p>\n<p>\n&#8220;Cascade is an excellent strategic fit for our Company and advances our strategy to grow in the large, deep residential windows market,\u201d said James S. Metcalf, Chairman and Chief Executive Officer. \u201cAdditionally, the acquisition expands our manufacturing presence across the rapidly growing west coast region and enhances our tailored solutions offering for our customers. I look forward to welcoming our new teammates from Cascade to the Cornerstone Building Brands family.\u201d\n<\/p>\n<p>\nCornerstone Building Brands expects the transaction to be accretive through purchasing and manufacturing optimization synergies, margin expansion and revenue growth opportunities. Cascade generated approximately $160 million in sales during the trailing twelve months ended May 2021. The transaction, subject to regulatory approval and customary closing conditions, is expected to be funded with cash on hand and close in the third quarter of 2021.\n<\/p>\n<p><b><span class=\"bwuline\">About Cornerstone Building Brands<\/span><\/b><\/p>\n<p>\nCornerstone 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, insulated metal panels, metal roofing, metal wall systems and metal accessories. Cornerstone Building Brands\u2019 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 deeply embedded in our culture, and we are committed to contributing positively to the communities where we live, work and play. For more information, visit us at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.cornerstonebuildingbrands.com&amp;esheet=52469433&amp;newsitemid=20210802005170&amp;lan=en-US&amp;anchor=www.cornerstonebuildingbrands.com&amp;index=1&amp;md5=4889451c5450fe5f387819c25334602c\"><i>www.cornerstonebuildingbrands.com<\/i><\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210802005170r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210802005170\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210802005170\/en\/<\/a><\/span><\/p>\n<p>\nTina Beskid \u2013 Investor Relations<br \/>\n<br \/>Jennifer Minx \u2013 Media Relations<br \/>\n<br \/>1-866-419-0042<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:info@investors.cornerstonebuildingbrands.com\">info@investors.cornerstonebuildingbrands.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America North Carolina Washington<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Architecture Commercial Building &amp; Real Estate Construction &amp; Property Other Manufacturing Building Systems Interior Design Manufacturing Residential Building &amp; Real Estate<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210802005170\/en\/837834\/3\/CornerstoneBB_TM_Logo_CMYK_Full_Color_%28002%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Cornerstone Building Brands to Acquire Cascade Windows, Deepens Residential Product Offering Advances strategy to further grow in the large, deep windows markets Expands manufacturing footprint in the rapidly growing west coast region CARY, N.C.&#8211;(BUSINESS WIRE)&#8211; Cornerstone Building Brands, Inc. (NYSE: CNR) (the \u201cCompany\u201d), the largest manufacturer of exterior building products in North America, has reached an agreement to acquire Cascade Windows (\u201cCascade\u201d) for a cash purchase price of $245 million. Cascade is a leading independent manufacturer of energy-efficient vinyl windows and doors serving the residential new construction and repair and remodel markets. Headquartered in Spokane Valley, Washington, Cascade has approximately 800 employees at six manufacturing and three distribution locations across the West and Pacific Northwest. &#8220;Cascade is an excellent strategic &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cornerstone-building-brands-to-acquire-cascade-windows-deepens-residential-product-offering\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Cornerstone Building Brands to Acquire Cascade Windows, Deepens Residential Product Offering&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-521308","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cornerstone Building Brands to Acquire Cascade Windows, Deepens Residential Product Offering - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cornerstone-building-brands-to-acquire-cascade-windows-deepens-residential-product-offering\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cornerstone Building Brands to Acquire Cascade Windows, Deepens Residential Product Offering - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Cornerstone Building Brands to Acquire Cascade Windows, Deepens Residential Product Offering Advances strategy to further grow in the large, deep windows markets Expands manufacturing footprint in the rapidly growing west coast region CARY, N.C.&#8211;(BUSINESS WIRE)&#8211; Cornerstone Building Brands, Inc. (NYSE: CNR) (the \u201cCompany\u201d), the largest manufacturer of exterior building products in North America, has reached an agreement to acquire Cascade Windows (\u201cCascade\u201d) for a cash purchase price of $245 million. Cascade is a leading independent manufacturer of energy-efficient vinyl windows and doors serving the residential new construction and repair and remodel markets. Headquartered in Spokane Valley, Washington, Cascade has approximately 800 employees at six manufacturing and three distribution locations across the West and Pacific Northwest. &#8220;Cascade is an excellent strategic &hellip; Continue reading &quot;Cornerstone Building Brands to Acquire Cascade Windows, Deepens Residential Product Offering&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/cornerstone-building-brands-to-acquire-cascade-windows-deepens-residential-product-offering\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-02T13:03:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210802005170r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cornerstone-building-brands-to-acquire-cascade-windows-deepens-residential-product-offering\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cornerstone-building-brands-to-acquire-cascade-windows-deepens-residential-product-offering\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Cornerstone Building Brands to Acquire Cascade Windows, Deepens Residential Product Offering\",\"datePublished\":\"2021-08-02T13:03:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cornerstone-building-brands-to-acquire-cascade-windows-deepens-residential-product-offering\\\/\"},\"wordCount\":451,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cornerstone-building-brands-to-acquire-cascade-windows-deepens-residential-product-offering\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210802005170r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cornerstone-building-brands-to-acquire-cascade-windows-deepens-residential-product-offering\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/cornerstone-building-brands-to-acquire-cascade-windows-deepens-residential-product-offering\\\/\",\"name\":\"Cornerstone Building Brands to Acquire Cascade Windows, Deepens Residential Product Offering - 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