A window for growth


  • By Mark Gordon
  • | 10:00 a.m. December 26, 2014
  • | 0 Free Articles Remaining!
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The last 12 months have been full of big doings at PGT Inc., already one of the biggest companies in the Sarasota-Bradenton region.

The news from the Venice-based impact-resistant window and door manufacturer runs the gamut of corporate growth. It includes: a new 96,000-square-foot glass plant that opened in November; a $111 million acquisition of a Miami-based window and door firm that closed in September; and the promotion of CFO Jeff Jackson to president and COO in May. Co-founder Rod Hershberger remains chairman and CEO.

PGT, with about 1,500 employees, also posted two more quarters of year-over-year sales growth that topped 25% — the continuation of a trend that started in 2012. The firm posted $62.7 million in sales in the first quarter of 2014, a 26.6% increase over the 2013 first quarter, when it had $49.5 million. That was followed up by $81.6 million in the second quarter, up 29.9% from $62.8 million in the 2013 second quarter.

 

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