Date: 6 June 2018
Graham provides the non-residential construction industry with a full range of architectural premium and custom grade flush wood doors. Maiman is a manufacturer of architectural stile and rail wood doors, thermal fused flush wood doors and wood door frames.
The two divisions employ approximately 275 people located in their three manufacturing facilities in Mason City, IA and Springfield, MO.
Net sales for the two divisions for the twelve months ended December 2017 were approximately $70 million.
“We believe this acquisition fits well with Masonite’s existing Architectural business. Graham and Maiman will provide Masonite with an expanded footprint to better serve our customers,” said Graham Thayer, Masonite’s Senior Vice President, Architectural.
The acquisition of these assets marks Masonite’s ninth acquisition in the last four years.
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Source: Masonite International Corporation