Ply Gem merges with Cornerstone Building Brands into one company
On April 11, 2019, Ply Gem made an announcement that the company was in the process of merging with NCI Building Systems Inc (NCI) With this announcement, NCI will now be renamed to Cornerstone Building Brands as part of a new move to broaden its brand in North America as the word "Cornerstone" reflects foundations being built. This new move will help increase Ply GEm's operations and market share in the home building industry. As of May 23, 2019, this move and the new name will be official.
M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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