November 19, 2008 | Vol 3, Num 47
W&D Weekly, Delivering the Fenestration Industry to Your Desktop

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Window & Door magazine.

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The Latest...

Win-Door Reflects Slumping Canadian Market
The Canadian market has remained relatively healthy, but the weak U.S. economy is beginning to drag it down. ... read more

Creditors Give Masonite More Time
With a missed interest payment to bondholders in October threatening its future, Masonite International Inc. on Tuesday announced that it has entered into a forbearance agreement that will buy the door maker additional time to address its financial obligations. ... read more

Jeld-Wen Launching Replacement Dealer Program
With remodeling activity expected to far outpace new construction in 2009, Jeld-Wen Inc. has launched three new vinyl replacement window and patio door lines to meet the anticipated demand for remodeling-specific products. ... read more

Accent Windows files for Chapter 11 Bankruptcy Protection
Facing a weakened market, Colorado-based Accent Windows filed for Chapter 11 bankruptcy protection earlier this month. The move is merely a reorganization, according to a company spokesperson, who adds that "nothing has changed." ... read more

The Outside View...

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The Talk...

A stimulus program for replacement windows and doors... needed and the industry should lobby for it.
...might be beneficial, but is not worth a lobbying effort. not needed and would only waste tax dollars.

If poll form doesn't work in your email, Click Here.

John Swanson,
associate publisher/
of Window & Door
Right now, there’s much talk about the need to bail out U.S. automakers. Those in favor say actions are necessary to save the economy from falling into depression and to put the U.S. in a leadership role in next generation, energy efficient cars.

The U.S. window and door industry isn’t in danger of disappearing, but one can make an equally compelling argument that some sort of government intervention in our business could deliver the same benefits—economic stimulus and enhanced energy efficiency. What I’m thinking of specifically is a more significant tax credit for replacing the millions of single-glazed windows and doors in older homes. Or perhaps some type of low-interest loan program.

It seems to me that would be one way to put a lot of people to work in manufacturing plants and doing installations in the field. It could also make a significant contribution to our country’s long-term energy independence. But what do you think of the idea? That’s our poll question of the week. And, as usual, I’d like to hear your thoughts. And if anyone’s already lobbying for such a program, and would like support, tell us about your efforts.

The Talk..., Page 2 - "Are You Tightening Your Receivables?"

I expected that perhaps window and door companies would revisit their financial policies given the current economic environment. Read Page 2 of The Talk...

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