Manufacturing Industry
GSW adds vinyl to Euramax mix.(Euramax International Inc. acquired GSW Building Products Inc.)(Brief article)
Plastics News, January, 2007 by Griswold, Matt
Byline: Matt Griswold Privately owned building products giant Euramax International Inc. acquired GSW Building Products Inc. from Milwaukee-based A.O. Smith Corp. in an $11.3 million deal that closed Dec. 19. GSW, a vinyl building products manufacturer that focuses primarily on rainwater systems like gutters and downspouts, has a vinyl extrusion plant in Barrie, Ontario, and employs about 100.
Smith bought GSW's parent company in April. Smith officials from the start were looking to offload the building products unit to focus on the core businesses of electric motor and water heater manufacturing, said Mark Petrarca, Smith senior vice president of human resources and public affairs, in a Dec. 20 telephone interview. "It's a well-run business with very...
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