Mar 7 2008
The Keller Manufacturing Company, Inc. announced today that its subsidiary, Paragon Door Designs, Inc., (“Paragon”) had acquired the storm door manufacturing assets of Medlin Custom Woodworking, Inc. This acquisition will add storm door manufacturing to Paragon’s other manufacturing operations in Louisville, Kentucky. The total purchase price of the storm door manufacturing assets was just less than $100,000.
Currently, Paragon markets and distributes storm doors under its brand name through agreements with various manufacturers. With this acquisition, Paragon will be able to control manufacturing processes and costs associated with the storm door product. Paragon’s product offerings consist of custom steel and fiberglass residential entry doors and storm doors marketed as coordinated entryway systems.
David N. Burks, the President and CEO of Paragon stated, “Paragon continues to execute its strategic plan for growth of market share and product offerings. Therefore, I am pleased with this timely and planned acquisition. This acquisition will allow Paragon to better control the product design and manufacturing processes of a significant component of Paragon’s coordinated entryway systems.” For more information about Paragon please visit www.paragondoor.com.