Key people Mark A. Beck, CEO Founded 1960 Parent organization JELD-WEN Holding, Inc. | Traded as NYSE: JELD Website www.jeld-wen.com Number of employees 20,001 | |
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Owner The Wendt family, and Jeld-Wen employees CEO Kirk S. Hachigian (1 Apr 2014–) Subsidiaries JELD-WEN Australia Pty Limited Profiles | ||
JELD-WEN is an American corporation with over 100 divisions and 20,000 employees in the Americas, Europe, Asia and Australia. The business manufactures building products, including windows, interior and exterior doors, and related building products. Jeld-Wen owns several distribution facilities and operates several resort properties. It was founded in 1960 as a millwork plant in Klamath Falls, Oregon. Charlotte, North Carolina, has been the global headquarters of the company since around the end of 2012. In 2015, Jeld-Wen was recognized for the top spot for brand familiarity (Door: Interior Passage and Window: Vinyl) by the Builder magazine.
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Jeld wen makes transition to north carolina
History
The company was founded in 1960 in the Southern Oregon town of Klamath Falls when Richard Wendt and four others purchased a mill. In 2010, Wendt died and the company sold off many resorts that it had developed in the Western United States. The privately held company sold off 58 percent of the company to Onex in a deal worth $864 million.
The name JELD-WEN had already been in use for a number of years by the Wendt family; in the 1930s Lester Wendt bought a small farm outside of Dubuque, Iowa, as a family retreat. After holding a family contest to name the farm, Dick’s cousin Jeanette Coughlin thought of the name JELD-WEN, an acronym for the names of Dick’s immediate family, and a shortened version of Wendt.
Subsidiaries
In 1993 JELD-WEN entered the European Market and has now subsidiaries in 12 European countries. Europe is divided in four groups - North Europe, Central Europe, France, and the UK. Eauze is the headquarters in France, where JELD-WEN bought the company France Portes in 1998. JELD-WEN's UK subsidiary was 1999 formed by the purchase of two British joinery companies from the Rugby Group plc: Boulton & Paul Ltd and John Carr Ltd. It also purchased part of the Magnet Group and door manufacturing sites at Penrith and Sheffield. Oettingen is the Jeld-Wen headquarters from Germany.
JELD-WEN Australia has several subsidiaries, including Stegbar, Regency, William Russell, Corinthian Doors, Airlite, Aneeta, Breezway and Trend Windows and Doors.
JELD-WEN has had a strong presence in Canada since 1996, when it acquired Willmar Windows. It has 7 sales centres located throughout the country, with its corporate offices in Winnipeg, Manitoba. Jeld-Wen of Canada's divisions include Willmar, United, Donat Flamand, and Millwork Distribution.
Sponsorships
JELD-WEN is the main sponsor of the St Kilda Football Club in the Australian Football League. The three-year sponsorship deal started in the 2008 season.
The company sponsored the Stone Brothers Racing Team in the Australian V8 Supercar series, in particular the number 4 car driven by James Courtney. They sponsored this car from 2006 to 2008, when James left the team. They are still a personal sponsor of James to this day. They sponsor Marcos Ambrose who is currently driving in the US NASCAR Sprint Cup Series. James Courtney ironically was Marcos Ambrose replacement at Stone Brothers Racing in 2006. In January 2013, Jeld-Wen re-entered V8 Supercars as naming rights sponsor of the Charlie Schwerkolt Racing Number 18 Ford Falcon driven by Alex Davison as part of the expanded four car Ford Performance Racing squad.
In March 2011, JELD-WEN was announced as the stadium name sponsor in Portland, Oregon of Jeld-Wen Field that homes the Portland Timbers of Major League Soccer and the Portland State Vikings college football team.
In Canada, JELD-WEN sponsors several National Hockey League teams, minor hockey clubs, and major hockey tournaments.