The Sweet Spot Remodeling Blog

Jan 15 2009 2:45PM | Permalink | Email this | Comments (1) |
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By Jonathan Sweet

I just got off the phone with Serious Materials CEO Kevin Surace, who confirmed to me that the company is hoping to purchase the Republic Windows & Doors plant that shut down in December (read my past posts on that lovely situation here and here).

The company has been working with local union officials and it's now up to Bank of America and other stakeholders along with the bankruptcy judge to determine if they'll accept the Serious Materials offer. 

The plant and workers caught the company's attention during the sit-in that made national news after the abrupt shutdown.

"We felt bad for the workers," Surace says. "It was a very sad situation. We needed the capacity, so we could do something about it. It's a very, very exciting opportunity."

Surace estimates the company will be able to manufacture 50,000 windows a month at the 300,000 sq. ft. facility. He says demand is up for their high R-value windows, even in this down market, as people look for more energy efficiency.

Besides the potential Republic purchase, Surace says the company is also going to be announcing another plant purchase next week.