Profile: Quanex Building Products Corp (NX.N)
9 Dec 2013
Quanex Building Products Corporation (Quanex), incorporated on December 12, 2007, operates in two business segments: Engineered Products and Aluminum Sheet Products. The Engineered Products segment manufactures engineered products and components serving the window and door industry, while the Aluminum Sheet Products segment produces mill finished and coated aluminum sheet serving the building products markets and secondary markets, such as capital goods and transportation. Quanex is engaged in the production of aluminum flat-rolled sheet, extruded vinyl profiles, flexible insulating glass (IG) spacer systems, solar panel sealants, and metal and wood products that primarily serve the North American residential building products markets. The Company has 17 manufacturing facilities, including one non-operating facility, in 10 states in the United States.
The Engineered Products segment is consisted of five fabricated metal components operations, two facilities producing wood fenestration (door and window) components, one facility producing engineered wood flooring, three polyvinyl chloride (vinyl) extrusion facilities, and a flexible IG spacer operation. The segment’s operations produce window and door components for original equipment manufacturers (OEMs) that serve the residential construction and remodeling markets. Products include insulating glass spacer systems, window and patio door screens, aluminum cladding and other roll formed metal window components, door components, such as thresholds and astragals, moldings, residential exterior products, vinyl and composite patio door, window profiles and custom window grilles, trim and architectural moldings in a range of woods, thin film solar panel sealants, and engineered wood flooring.
Engineered Products’ extrusion operations manufacture vinyl and composite profiles, the framing material used by fenestration OEMs in the assembly of vinyl windows and patio doors. It includes compound blending, window system design, tooling design and fabrication, in-line weatherstrip installation and miter cutting, and co-extrusion of integrated weather-resistant coatings. Metal fabrication operations include roll forming, stamping, and end-product assembly to produce a range of fenestration products. The IG sealant business uses compound-extrusion and laminating technology to produce butyl-based window spacer products used to separate two or three panes of glass in a window sash. Engineered Products customers’ end-use applications include windows and window components, entry and patio door systems, custom hardwood architectural moldings, and solar panels.
The Company competes with Royal Group, Veka, Deceuninck, Edgetech, Cardinal Glass Industries, GED Integrated Solutions, Allmetal, and Ritescreen.
Aluminum Sheet Products
The Aluminum Sheet Products segment is consisted of an aluminum mini-mill operation and three stand-alone aluminum sheet cold finishing operations. Aluminum sheet finishing capabilities include reducing reroll (hot-rolled aluminum sheet) coil to specific gauge, annealing, slitting and custom coating. Customer end-use applications of the finished sheet include residential window screens, exterior home trim, fascias, roof edgings, soffits, downspouts and gutters. The segment’s aluminum mini-mill produces annualized finished pounds using an in-line casting process. The mini-mill converts aluminum scrap to reroll through melting, continuous casting, and in-line hot rolling processes.
The Company competes with Aleris, Jupiter, Alcoa, and JW Aluminum.
Quanex Building Products Corp
Suite 1500, 1900 West Loop South
HOUSTON TX 77027