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To celebrate five years of trading on the New York Stock Exchange (NYSE), Quanex Building Products, the parent company of warm edge specialist Edgetech, rang the Closing Bell on April 22, 2013. President and CEO David Petratis did the honours on behalf of the company.
Andy Jones, Managing Director of Edgetech comments: “While this PR event in New York may seem remote to many of us in the UK glazing industry, it does serve to underline the wealth of resources that Edgetech gained following our acquisition by Quanex last year. Although we were already ahead of the rest of the market in terms of WET with products tried and tested successfully across the globe for 25 years, the acquisition by the building materials giant means we can now also tap into a R+D budget in excess of $1million with a chemistry lab that most Universities would be proud of!
“The sharing of innovation and investment has also allowed us to bring to market new products and alliances quicker than most, something we showcased at the FIT show with our new Bostik offering and TruPlas rigid spacer. This support and the financial strength it provides is particularly important at the moment as more new entrants come into the WET sector with superficially similar products. As a Quanex company, Edgetech not only has the resource to ensure our customers stay ahead of their competition, but also that we can continue to invest in the overall future of the industry.”
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