PGT Innovations, Inc. (NYSE:PGTI) Files An 8-K Entry into a Material Definitive Agreement
Item1.01 Entry into a Material Definitive Agreement.
On March4, 2017, PGT Innovations, Inc. (the Company), through its
wholly-owned subsidiary PGT Industries, Inc. (PGTI), entered into
a First Amendment (the First Amendment) to the Supply Agreement
(the Agreement), dated December15, 2014, by and between PGTI and
Cardinal LG Company, a Wisconsin corporation (Cardinal), for the
supply by Cardinal and the purchase by PGTI of certain laminated
glass products and spacer products produced by Cardinal and sold
to the Agreement, as amended by the First Amendment.
The First Amendment, among other things, amends pricing terms,
extends the term of the Agreement through December31, 2019, and
joins CGI Windows and Doors, Inc. and WinDoor, Inc., both
wholly-owned subsidiaries of PGTI, as parties to, and customers
under, the Agreement.
The foregoing descriptions of the First Amendment and the
Agreement are qualified in their entirety by the full text of the
First Amendment and the Agreement filed herewith as Exhibits 10.1
and 10.2, respectively, and incorporated in this Item 1.01 by
reference.
Item 9.01.Financial Statements and Exhibits.
| (d) | Exhibits |
|
ExhibitNo. |
Description |
|
| 10.1 |
First Amendment to Supply Agreement, dated as of March4, 2017, by and between Cardinal LG Company, CGI Windows and Doors, Inc., WinDoor, Inc., and PGT Industries, Inc. |
|
| 10.2 |
Supply Agreement, dated as of December15, 2014, by and between Cardinal LG Company and PGT Industries, Inc. |
About PGT Innovations, Inc. (NYSE:PGTI)
PGT Innovations, Inc., formerly PGT, Inc., is a manufacturer of impact-resistant windows and doors. The Company’s brands include CGI, PGT Windows + Doors and WinDoor. CGI serves residential and commercial markets in both new and existing construction. CGI manufacturing and delivery facilities are based in Miami, Florida. PGT Custom Windows + Doors is a manufacturer and supplier of residential impact-resistant glass products. The Company’s manufacturing, glass plant, and delivery facilities are located in North Venice, Florida. WinDoor serves five-star resorts, luxury high-rise condominiums and mansions along the United States coastline. WinDoor’s aluminum and vinyl products come in an array of expansive sizes, custom colors, and configurations. WinDoor manufacturing and delivery facilities are based in Orlando, Florida. PGT Innovations, Inc. (NYSE:PGTI) Recent Trading Information
PGT Innovations, Inc. (NYSE:PGTI) closed its last trading session up +0.05 at 10.30 with 248,994 shares trading hands.
