Concrete Products is the leading source for Concrete Plants, Concrete Mixers, Precast, and Ready Mix news.
 
 

 

Environmental StoneWorks shifts to Cornerstone umbrella

Sources: NCI Building Systems, Inc., Cary, N.C.; CP staff

Two months after joining the Ply Gem Building Products business by way of a nine-figure deal, Denver-based precast concrete veneer producer Environmental StoneWorks will be among Cornerstone Building Brands. The latter spans the exterior products businesses of NCI Building Systems and Ply Gem, which merged in 2018, and is set to trade on the New York Stock Exchange under the ticker symbol “CNR” pending shareholder approval next month.

The new name represents what management notes is a unified commitment to business transformation that will drive future growth and effectively serve customers and communities across North America. The term Cornerstone emphasizes the essential role the company's products and solutions play in home and building envelopes. 

"We are well positioned to lead the residential and commercial markets as Cornerstone Building Brands, and to make positive contributions to the places where people live, work and play," says Chairman and CEO James Metcalf. "Through continued operational excellence and innovation, Cornerstone Building Brands is creating industry solutions that will become the cornerstone of countless communities.”

“Our all-encompassing transformation will drive sales, efficiencies, customer satisfaction and enhance employee and community support. The combined strength and balance of our residential and commercial sectors uniquely positions us to lead the market,” he adds. “We are dedicated to delivering an unmatched portfolio of products."

NCI and Ply Gem profit centers will continue to go to market through their existing brand names, positioning the parent company as a one-stop shop for manufactured stone veneer, windows, vinyl siding, insulated metal panels, metal roofing plus wall systems and metal accessories. With facilities strategically located across North America, management notes, Cornerstone Building Brands brings a commitment to advanced manufacturing, innovation and research and development. The company is also dedicated to implementing and executing several community-focused programs, including Home for Good, a campaign that will continue to serve as a key corporate initiative and has helped build or remodel 500-plus homes in 90 communities across the U.S. since 2016. 

 

Related article

Metal building giant NCI seals $187M Environmental StoneWorks deal