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JELD-WEN ( (JELD) ) just unveiled an announcement.
On January 17, 2025, JELD-WEN completed the sale of its Towanda, Pennsylvania business to Woodgrain Inc. for $115 million, as part of a court-ordered divestiture process. The transaction, initially announced in October 2024, is part of JELD-WEN’s strategic transformation and could impact the company’s operations by altering their business portfolio and potentially affecting stakeholder interests.
More about JELD-WEN
JELD-WEN Holding, Inc. is a leading global designer, manufacturer, and distributor of high-performance interior and exterior doors, windows, and related building products. The company serves the new construction and repair and remodeling sectors, with operations in 15 countries across North America and Europe, and employs approximately 18,000 people.
YTD Price Performance: 17.57%
Average Trading Volume: 839,483
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $803.9M
For an in-depth examination of JELD stock, go to TipRanks’ Stock Analysis page.
