Garage door industry magazine for garage door dealers, garage door manufacturers, garage door distributors, garage door installers, loading docks, garage door operators and openers, gates, and tools for the door industry.
Issue link: https://idoi.epubxp.com/i/216705
INDUSTRYNEWS ASSA ABLOY Entrance Systems Acquires Amarr ASSA ABLOY has signed an agreement to acquire Amarr, one of the leading players in the North American garage door market, with sales of ca USD 300 million and 1,200 employees. Amarr holds an attractive market position in the North American garage door market for residential and commercial applications. "Amarr is another strategic step in our growth strategy to become the industry leader in Entrance Automation" says Juan Vargues, Executive Vice President ASSA ABLOY and President & CEO ASSA ABLOY Entrance Systems. "It gives us a strong footprint in North America and further reinforces our global position in sectional doors." c fa e gh are man ts u Qua li with ty out Com prom ise uc st standard s ro hr B s. prod Fe d to the ture hi Why Settle for less... • • • • • Ultra-smooth Caged Bearings Shielded both sides Molded Nylon Tire 150 lb load rating 100,000 cycles - 12' door "We are excited to join forces with the ASSA ABLOY Group and will continue to drive growth and expansion through our extensive dealer network across North America," says Richard Brenner, CEO of Amarr. The company was founded in 1951 and is based in WinstonSalem, North Carolina. The company has 1,200 employees with operations in USA, Canada and Mexico. Sales for 2013 are expected to reach above USD 300 M (ca SEK 2,000 M). The transaction is subject to regulatory approval and is expected to close during Q4 2013. Clopay® Receives 2013 Gold Innovation Award in Garage Door Category For the second year in a row, Clopay is the recipient of Home Builder Executive's 2013 Gold Innovation Award in the residential garage door category. FREE FREIGHT on orders over $250 Call us today for the details www.fehr.com/door Fehr Bros. Industries, Inc. Ph: 800-431-3095 Fx: 888-352-1790 112 International Door & Operator Industry™ The company was recognized for continuing to introduce faux wood garage door design options to meet the needs of builders and homeowners who want the look of wood without the upkeep. Over the last 18 months, Clopay has introduced three new lines: the Canyon Ridge® Collection Ultra-Grain® Series, a "stained" steel and composite carriage house style door; the Classic Line traditional raised panel steel door with a Cherry Ultra-Grain fnish, and the Cypress Collection fush panel steel door with Ultra-Grain fnish. All of these premium door models feature Clopay's Intellicore® technology for maximum durability, energy effciency, security, and quiet operation. For more information please visit www.clopaydoor.com/ residential-garage-doors.aspx.