Content about IPO

May 14, 2013

Cary, N.C.-based Ply Gem Holdings, a manufacturer of exterior building products, announced plans to launch its initial public offering of nearly 16 million shares of its common stock. 

Ply Gem plans to use the proceeds from the public offering to pay off debt, to pay transaction fees and for general corporate purposes, according to the announcement. 

The stock has been approved for listing on the New York Stock Exchange under the symbol “PGEM.” 

March 15, 2013

For stock market advice, I always turn to my dad. He's not a stockbroker. But he has watched almost every episode of "Wall Street Week" since the mid-1970s. Now that he's retired, he sometimes watches the same episode of "Mad Money" twice in the same day. (The hands-down superiority of Louis Rukeyser over Jim Cramer will be discussed in a future editorial.)

Here's what my dad said about newly public Boise Cascade: "I like companies with tangible products — like building materials."

March 7, 2013

Overall the company’s fourth-quarter sales were $694.6 million, up 26.9%. For the full year, total sales were up 24% to $2.779 billion.

Boise Cascade Co., the industry’s most recent addition to the ranks of publicly traded companies, increased fourth-quarter sales as it swung to a gain.

"We experienced a fourth consecutive quarter of positive income from operations, underscored by strong plywood prices and improved demand for the products we manufacture and distribute,” said Tom Carlile, CEO.

Overall, the company’s fourth-quarter sales were $694.6 million, up 26.9%. For the full year, total sales were up 24% to $2.779 billion.

July 2, 2012

Beacon Roofing Supply, one of the industry’s largest distributors of roofing, siding and other exterior building products, has opened its 200th branch in Myrtle Beach, S.C. 

March 27, 2012

An initial public offering is in the works for Shanghai, China-based TCP International Holdings, maker of energy-efficient light bulbs.

The supplier to Home Depot and Wal-Mart Stores (among many others) makes about 3,500 kinds of compact fluorescent light bulbs, about 275 varieties of even more efficient LEDs and 12 kinds of halogen bulbs.

November 22, 2011

Beacon Roofing Supply appointed Rick C. Welker as VP and chief accounting officer effective Nov. 18. 

Welker formerly served as VP and corporate controller and will continue to report to David R. Grace, executive VP and chief financial officer. 

Welker, age 52, is a CPA and CMA and began his career with PricewaterhouseCoopers. He joined Beacon in 2004 prior to its IPO and has assisted with the company's substantial growth including many acquisitions, according to the company's statement.

 

October 25, 2011

Robert Gaites, one of the founders of the Strober Organization, died on Oct. 21, according to an article in the Staten Island Advance. He was 70 years old.

September 11, 2011

The luxury home furnishings retailer Restoration Hardware filed to become a publicly traded company, according to an article in Business Week.

The home furnishings company opened its first store in Eureka, Calif., about 30 years ago. Today it operates more than 100 retail and outlet stores in the U.S. and Canada. In 2008, the company underwent a management-led, private-equity buyout.

 

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March 11, 2008

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