Ply Gem Industries Inc. announced February 8 that its newly acquired subsidiary, Alcoa Home Exteriors Inc., intends to close its
John C. Wayne, president of Alcoa Home Exteriors, said, “Decisions of this kind are always difficult. We must address this issue due to excess production capacity following the recent acquisition.”
Gary E. Robinette, president and chief executive officer of Ply Gem, said, "This action was difficult in that it impacts a number of our employees. However, today’s competitive climate demands the most efficient operating structure and this decision to consolidate operations will improve overall performance and is in keeping with Ply Gem's commitment to its customers and the financial community."