JELD to Divest Towanda Facility in $115 Million Deal to Woodgrain
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JELD-WEN has finalized the sale of its Towanda facility to Woodgrain for $115 million. This divestiture allows JELD-WEN to strategically focus on growth.
December 17, 2024 | 5:15 pm
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JELD-WEN has completed the sale of its Towanda facility to Woodgrain for $115 million. This move is part of JELD-WEN's strategy to focus on growth.
The sale of the Towanda facility for $115 million provides JELD-WEN with capital that can be used to focus on strategic growth initiatives. This divestiture is likely seen as a positive move by investors, as it aligns with the company's growth strategy.
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