Pella Corp. Acquires EFCO Corp.
EFCO Corp. in Monett, Mo., has been purchased and will become a
subsidiary of Pella, Iowa-based Pella Corp. The business will now
be known as EFCO, a Pella Company. Following the sale on August
28, EFCO will continue to produce EFCO-brand building products in
Monett, Mo. Since the companies are privately-held corporations,
terms of the sale have not been disclosed.
As the business transitions to new ownership, EFCO-brand windows,
curtainwall, storefronts and entry systems designed for commercial
construction needs will continue to be sold through independent
representatives across the United States.
"The addition of EFCO people, processes and products to the
Pella system, along with the support of their independent representatives,
will provide even more innovative options for commercial customers
seeking quality solutions to meet their fenestration needs,"
said Mel Haught, Pella president and chief executive officer, in
a Pella press release. "We thank EFCO CEO Chris Fuldner and
his family and the other EFCO stockholders for the opportunity to
purchase the business, which will continue to operate as a privately-held
company dedicated to quality, innovation and customer satisfaction."
Chris Fuldner, EFCO chief executive officer, says the acquisition
by Pella should allow the business to continue to meet the future
needs of the commercial building industry.
"When I joined the business 33 years ago, we employed about
60 people," Fuldner said in the release. "Today we're
proud to provide careers for the 1,600 people who work for EFCO
and we're very proud the company is joining Pella, an industry leader
and innovator which shares the same values, Midwestern roots and
strong work ethic focused on serving customers."
The potential sale has been rumored for several months now.
HERE to read the related USGNN.com story, "Is EFCO Contemplating
Future Sale or Isn't It?"
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