Masonite remains committed to acquiring PGT, even against larger offer

Masonite International, a Tampa-based designer, manufacturer, marketer and distributor of interior and exterior doors and premium door systems, reiterated on Monday it is "fully committed" to the agreed acquisition of Venice-based PGT Innovations, the largest publicly traded company in the Sarasota-Bradenton region, also a window and door manufacturer.

Masonite sent out a Monday news release noting its acquisition deal with Venice-based PGT Innovations remains underway and terms are "binding."

It's a sign both Masonite and the housing supply industry see continued growth, even in premium door and window offerings.