NORTH VENICE, Fla., Sept. 06, 2016 (GLOBE NEWSWIRE) -- PGT, Inc. (NASDAQ:PGTI), the nation’s leading manufacturer and supplier of residential impact-resistant windows and doors, has announced the development of a new wholly-owned subsidiary, CGI Commercial, and the acquisition of established fabricator of storefront window and door products, US Impact Systems (USI).
“As a market leader, we continuously seek out new opportunities to grow our market reach and better serve our customers. The formation of CGI Commercial and the acquisition of US Impact Systems will allow us to do exactly that,” stated Jeff Jackson, PGTI President and Chief Operating Officer. “We welcome the USI employees to the PGTI family and look forward to working more closely with each of them.”
CGI Commercial will operate under the PGTI family of brands as a subsidiary of CGI Windows & Doors. Other PGTI brands include PGT Custom Windows & Doors and WinDoor. The new subsidiary is dedicated to serving the commercial market and located in Miami, Florida.
The acquisition of US Impact Systems supports the Company‘s expansion into the commercial market adding capabilities such as fabricating and glazing window and door frames for commercial products.
“We are really excited about becoming part of PGTI,” said Carlos Martinez, Vice President and General Manager of US Impact Systems. “Given our long history with PGT, its employees and products, this is a natural fit.”
“We are thrilled to have the opportunity to expand our capabilities in the commercial market,” commented Steve Dawson, Vice President and General Manager of CGI. “The US Impact team is made up of a strong leadership team and professional, highly-trained fabricators. We are looking forward to delivering products and services that will position us a leader in the commercial space.”
ABOUT PGT INCORPORATED: PGT INC. (NASDAQ:PGTI), headquartered in Venice, Florida, creates products and services which focus on protecting and enhancing the beauty and functionality of homes and businesses. The Company’s trusted brands include PGT Windows & Doors and CGI Windows & Doors. PGT Industries holds a solid market leadership position within its segment and is part of the S&P SmallCap 400 Index. For additional information, visit ir.pgtindustries.com.
ABOUT CGI WINDOWS & DOORS: CGI was established in 1992 and has consistently built a reputation based on designing and manufacturing quality impact resistant products that meet or exceed the stringent Miami-Dade County impact standards. The Company has over 320 employees at its manufacturing plant in Miami, Florida. Today the Company continues to lead as an innovator in product craftsmanship, strength and style, and its brands are highly recognized and respected by the architectural community. CGI product lines include the Estate Collection, Sentinel by CGI, Estate Entrances, Commercial Series and Targa by CGI. CGI Windows and Doors is a wholly owned subsidiary of PGT, Inc. (NASDAQ:PGTI). For additional information, visit cgiwindows.com.
