Tampa door manufacturer buys company for nearly $300M

Masonite International of Tampa bought Fleetwood Aluminum Products for $285 million in cash, Masonite says in a news release.

Publicly traded Masonite is a designer, manufacturer, marketer, and distributor of interior and exterior doors. It also provides door systems for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets

The acquisition of Fleetwood, which makes doors and windows, was made under a Masonite subsidiary, the company says.