September 14, 2014 10:08 PM ET

Building Products

Company Overview of Associated Materials, LLC

Company Overview

Associated Materials, LLC manufactures and distributes exterior residential building products in the United States and Canada. The company produces exterior building products, including vinyl windows, vinyl siding, vinyl railing and fencing, aluminum trim coil, aluminum and steel siding, and related accessories; and sells complementary products that are manufactured by third parties, such as roofing materials, cladding materials, insulation, exterior doors, equipment, and tools, as well as provides installation services. It markets its products under the Alside, Revere, Gentek, UltraGuard, Preservation, and Alpine brands. The company also produces vinyl fencing and railing materials, includi...

3773 State Road

Cuyahoga Falls, OH 44223

United States

Founded in 1947

2,900 Employees

Phone:

330-929-1811

Key Executives for Associated Materials, LLC

Chief Executive Officer
Age: 48
Chief Financial Officer
Age: 50
Executive Vice President of Operations
Age: 57
Chief Human Resources Officer and Senior Vice President
Age: 56
Chief Marketing Officer and Senior Vice President
Age: 47
Compensation as of Fiscal Year 2014.

Associated Materials, LLC Key Developments

Associated Materials, LLC Announces Earnings Results for the Second Quarter and Cash Flow Results for the Six Months Ended June 28, 2014

Associated Materials, LLC announced earnings results for the second quarter and cash flow results for the six months ended June 28, 2014. For the quarter, the company's net sales were $319.9 million compared with $324.6 million a year ago. The decrease in year-over-year revenue, as well as higher costs due to material increases and manufacturing inefficiencies. The decrease in sales was primarily due to a $5.6 million decrease in metal product sales, a $5 million decline in net sales for third-party manufactured products, mainly in roofing business, and a $1.5 million decrease in vinyl siding sales. Adjusted EBITDA was $27.5 million compared with $34.3 million a year ago. Gross profit was $72 million compared with $82.2 million a year ago. Net cash used in operating activities for the six months of 2014 was $88.4 million compared with $40 million a year ago.

Associated Materials, LLC, Q2 2014 Earnings Call, Aug 22, 2014

Associated Materials, LLC, Q2 2014 Earnings Call, Aug 22, 2014

Associated Materials Group, Inc. and Associated Materials Announce Executive Change

Effective July 14, 2014, Robert C. Gaydos resigned from his position as Senior Vice President, Operations of each of Associated Materials Group, Inc. and Associated Materials, LLC. The Company has agreed, for purposes of Mr. Gaydos' Employment Agreement dated August 1, 2011, to treat Mr. Gaydos' resignation in the same manner as if he were terminated without Cause. Effective July 14, 2014, William L. Topper, 58, was appointed Executive Vice President, Operations of each of the companies. Before joining the Company, Mr. Topper served as Senior Vice President, Operations of Goodman Global, Inc., a manufacturer of heating, ventilation and air conditioning products, from April 2002 to December 2011. Before joining Goodman Global, Mr. Topper spent 28 years with Electrolux (Frigidaire), where he had responsibility for all domestic refrigeration production.

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