Saturday, August 18, 2007

EFCO Sale Update II

This posted late last night...

Anonymous said...

Efco shut down at 11:00 p.m.Friday August 17th to start inventory .
Employees still do not know new owners

12:08 AM

I would say the odds via percentage on the owners is:
Pella 98%
Kawneer (Alcoa) 1%
Someone totally stunning 1%

Seriously all indications show Pella making the deal... and with a mid month inventory, I guess this deal is about to go down.

Thanks to everyone for the tips on this one....

NOTE- I have been messing around with a new look.... hopefully it works....
at

1 comment:

  1. Anonymous5:45 PM

    impressive new look ... good move Maximus!

    Pella's purchase is interesting in that they are weak when it comes to calling on the commercial architectural community; guess buying EFCO provides them more expertise in this arena. If I were an EFCO employee I'd much rather have Pella as the parent company b/c they treat their employees great and are surely more financially stable then EFCO has been - which is also good for suppliers & customers.

    Warning: working for Pella may lead to serious brain-washing, but it could be worse.

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