Drew Contracts with Aluminum Extruder

Manufactured housing component supplier Drew Industries, Inc. through it wholly-owned subsidiary Lippert Components, Inc. has entered into a six-year aluminum extrusion agreement with Atrium Windows & Doors of Dallas. Drew’s president, Scott Mereness, says the deal means Drew will be able to acquire its extruded aluminum products at a competitive price for the length of the contract. The COO of Atrium, Brian Slobodow, says his company has been extruding aluminum for 35 years and this volume will add to capacity utilization. In addition, as marketwatch.com informs MHProNews.com, Drew sold some of its aluminum extruding assets to Atrium for $7.5 million, payable over four years. ##

(Image credit: Drew Industries, Inc.)

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