Masonite International

Masonite International
Masonite International Corporation
Type Private
Industry Manufacturing
Founded  
Headquarters Tampa, Florida, United States
Key people  
Products Interior and exterior doors and door components
Revenue  
Operating income  
Net income  
Employees 11,000
Divisions  
Subsidiaries  
Website www.masonite.com
References:  

Masonite International Corporation is a company headquartered in Tampa, Florida, which employs over eleven thousand people worldwide. Masonite manufactures interior and exterior doors, door components, and door entry systems. It is one of the world's largest manufacturer and merchandiser of commercial and residential doors. A producer of over 120,000 interior and exterior wood, fiberglass, and metal doors a day, it has operations in more than 80 facilities in sixteen countries in North America, South America, Europe, Asia and Africa.[1]

History

Masonite was founded by engineer and inventor William H. Mason after he discovered a more effective way to use wood in building materials. The result was the material known as Masonite.

Masonite was taken private in a leveraged buyout by LBO shop Kohlberg Kravis Roberts.  While under KKR's stewardship, the company went into bankruptcy.  Masonite completed a financial restructuring and emerged from both Chapter 11 proceedings in the United States and CCAA protection in Canada, 85 days after the initial filings on March 16, 2009.[2]

References

  1. ^ Yahoo! finance profile
  2. ^ [1]

External links