PGT Innovations Unites Three Powerful Brands

Reimagining the Future of Impact-Resistant Windows and Doors


NORTH VENICE, Fla., Dec. 14, 2016 (GLOBE NEWSWIRE) -- PGT Innovations (NASDAQ:PGTI) will unveil their new brand name, formerly PGT, Inc., with an eye to the future of the impact-resistant window and door industry and the next generation of cutting-edge new products at the 2017 NAHB International Builders’ Show®.

Bringing together three industry-leading window and door manufacturers — CGI®, PGT® Custom Windows & Doors, and WinDoor® — PGT Innovations combines the impressive technological capabilities of each to create windows and doors that are stronger, safer and smarter. Each brand under the PGT Innovations umbrella shares a deep focus on their customers and pioneering innovative products. With these combined capabilities, PGT Innovations is prepared to continue their legacy of setting unprecedented standards for an entire industry.

“Innovation is at the heart of what we do. It’s how we determine which companies to foster, how we decide which products to develop and how we keep growing,” said PGT Innovations President, Jeff Jackson. “Bringing together these brands allows us to stay at the forefront of innovation and bring cutting-edge new products to market that have never been seen before.”

Also at the show, PGT Innovations will showcase their emerging innovations featuring remarkable products and prototypes that will re-imagine the future of glass windows and doors. These new products will be revealed at the show where visitors will also be able to see the lasting and luxurious products offered by each brand — CGI®, PGT® Custom Windows & Doors, and WinDoor®.

To find out more about the new PGT Innovations, their brands or their booth at IBS 2017, visit: www.pgtinnovations.com/IBS

ABOUT PGT INNOVATIONS:
PGT Innovations (NASDAQ:PGTI), headquartered in North Venice, Florida, creates value through deep customer relationships, understanding the unstated needs of an industry, a drive to create the strongest, safest products on the market, and a commitment to always moving forward. The Company’s trusted brands include CGI®, PGT® Custom Windows & Doors, and WinDoor®. PGT Innovations holds the leadership position in its primary market and is part of the S&P SmallCap 400 Index. For additional information, visit www.pgtinnovations.com.

FORWARD-LOOKING STATEMENTS:
In this press release, statements that are not reported financial results or other historical information are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give current expectations or forecasts of future events and are not guarantees of future performance. They are based on management's expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. They use words such as "will," "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with any discussion of future operating or financial condition, performance and/or sales. Factors that could cause actual results to differ materially from those implied by these forward-looking statements include, but are not limited to: our ability to achieve the strategic and other objectives relating to the acquisition of Spartech Corporation, including any expected synergies; our ability to successfully integrate Spartech and achieve the expected results of the acquisition, including, without limitation, the acquisition being accretive; disruptions, uncertainty or volatility in the credit markets that could adversely impact the availability of credit already arranged and the availability and cost of credit in the future; the financial condition of our customers, including the ability of customers (especially those that may be highly leveraged and those with inadequate liquidity) to maintain their credit availability; the speed and extent of an economic recovery, including the recovery of the housing market; our ability to achieve new business gains; the effect on foreign operations of currency fluctuations, tariffs and other political, economic and regulatory risks; changes in polymer consumption growth rates where we conduct business; changes in global industry capacity or in the rate at which anticipated changes in industry capacity come online; fluctuations in raw material prices, quality and supply and in energy prices and supply; production outages or material costs associated with scheduled or unscheduled maintenance programs; unanticipated developments that could occur with respect to contingencies such as litigation and environmental matters; an inability to achieve or delays in achieving or achievement of less than the anticipated financial benefit from initiatives related to working capital reductions, cost reductions and employee productivity goals; an inability to raise or sustain prices for products or services; an inability to maintain appropriate relations with unions and employees; the inability to achieve expected results from our acquisition activities; our ability to continue to pay cash dividends; the amount and timing of repurchases of our common shares, if any; and other factors affecting our business beyond our control, including, without limitation, changes in the general economy, changes in interest rates and changes in the rate of inflation. The above list of factors is not exhaustive.

We undertake no obligation to publicly update forward-looking statements, whether as a result of new information, future events or otherwise. You are advised to consult any further disclosures we make on related subjects in our reports on Form 10-Q, 8-K and 10-K that we provide to the Securities and Exchange Commission.


            

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