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Tubelite
Sales Director Talks to USGNN.com Regarding Sale of Company
No major changes are expected to Walker, Mich.-based Tubelite Inc.
following the completion of its sale to Minneapolis-based Apogee
Enterprises Inc. on December 21, 2007 (CLICK
HERE to read that story), according to Steve Green, the director
of sales and marketing for Tubelite.
"The company is going to be run as an independent business unit
under the Apogee umbrella of companies," Green says. He reports
that the two companies have been negotiating the sale for "a number
of months" and now that it's complete it's "business as usual" for
Tubelite.
Overall, Green says that few changes will be seen-except that now,
with Apogee's backing, Tubelite will be able to offer a greater
range of resources to its clients.
"I think they like what they bought-they're not into change a whole
lot," Green says of Apogee. "We bring to them a part of the commercial
architectural business they don't have, so there are some synergies
there … It's a good fit."
He adds, "We have worked with these guys for years; Linetec has
done all of our finishing since 1995. We've worked on projects with
Wausau [Window and Wall Systems, an Apogee subsidiary]; we know
these people, the philosophies that we share are the Midwestern
philosophies."
Green notes that there will be no changes for Tubelite's employees,
although the resources of the new parent company may provide additional
stability for employees. He adds, "Those of our shareholders that
are actively involved in the business will continue on in the senior
management team of the company."
In addition, Tubelite's clients have all been contacted regarding
the sale.
"I think there are going to be a lot of exciting opportunities,"
Green says.
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