Jeld-Wen ordered to divest Towanda
doorskin plant: will appeal
Jeld-Wen said it will appeal the final judgment ordering the company to divest its Towanda, Pennsylvania,
doorskin facility following an antitrust lawsuit brought
by Steves & Sons Inc.
Jeld-Wen acquired the interior moulded doorskin
and door facility as part of its 2012 acquisition of
CMI (CraftMaster Inc.).The Towanda facility is one of
four domestic doorskin manufacturing facilities currently owned by Jeld-Wen.
The Dec. 14 final judgment holds that Jeld-Wen violated federal antitrust laws, specifically the Clayton
Act, by reducing competition through the acquisition.
The ruling requires Jeld-Wen to divest the Towanda
facility to a third party, and gives both companies,
Jeld-Wen and Steves, the option to purchase doorskins from the to-be-determined company. A court-appointed Special Master is to oversee the divestiture
In a statement issued by Jeld-Wen, the window
and door manufacturer, said “the District Court’s
ruling is in numerous respects both unprecedented
and fundamentally incorrect as a matter of law, and
results from a flawed trial process that improperly
limited the company’s defenses.”
“Jeld-Wen firmly maintains that it has not violated
any antitrust laws and that it has not damaged
Steves,” said Gary S. Michel, president and CEO.
“Rather than resolving a simple contractual dispute
between two parties, the District Court has now
delivered an erroneous ruling that improperly interferes with our company and the broader commercial
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