Done deal: $3.1 billion acquisition for PGT Innovations closes

The $3.1 billion acquisition of PGT Innovations, a Venice window and door manufacturer founded in the area nearly 45 years ago, has been completed. 

The new owner is Miter Brands, a Harrisburg-based window and door manufacturer. Shares of PGT are no longer publicly traded. A statement on the deal closing from Miter doesn’t have any information on what roles PGT executives will have, if any, with Miter. In addition, no information was provided on what will happen with PGT's workforce, some 2,000 employees. PGT had revenue of $1.5 billion in 2023, up 1% from 2022 and 28.5% from 2021.