By acquiring Ply Gem Holdings Inc. (Cary, NC) and Atrium Windows & Doors (Dallas, TX) and merging the two companies, Clayton, Dubilier & Rice (New York, NY) will create an exterior building products company with total revenue of more than $2.4 billion in 2017.
Expansion of footprint in Singapore will localize Ultem resin production in Asia, increasing global production by 50%; recommissioning of Noryl resin manufacturing operations in Bergen op Zoom expected to increase global production more than 40%.
The Trump administration has slapped a tariff on imported solar panels to incentivize domestic production. But the manufacturing process and the materials used to make the panels raise a host of environmental issues.
While Helios generally uses metal packaging for its paint products, it is increasingly turning to plastic containers for water-based paints. As such, Helios was keen to build a relationship with RPC Superfos (Taastrup, Denmark).