Jeld-Wen divests part of vinyl extrusion plant
Jeld-Wen has sold part of its Yakima, Wash., vinyl extrusion plant to Quanex Building Products, according to an article in the Portland Business Journal. Terms of the transaction were not disclosed.
Quanex is a longtime business partner of Jeld-Wen. Quanex’s Mikron operation will purchase equipment and other assets from Jeld-Wen’s extrusion operation.
Jeld-Wen has produced the materials, used for its window line, at the plant since 2007. The company will continue to contract with Mikron for extrusions and other materials.
Klamath Falls, Wash.-based Jeld-Wen had decided late last year to either boost its extrusion business or seek alternatives such as equipment sales, according to the article.
The Yakima facility was Jeld-Wen’s only extrusion plant and only made a limited number of extrusions, a Jeld-Wen spokesperson said.