Quanex Building Products Buys Hardwood Firm

Shawano, WI, Feb. 10, 2010--Quanex Building Products has purchased the flooring division of Owens Doors and Owens Flooring.

The company's CFO said that they are still in the planning process and don't know when they will re-open the plant or how many people they will be employing.
 
The inventory, equipment, and other assets were purchased at an auction last week by two separate companies with deals being worked out to lease the buildings.

Owens makes two brands of engineered hardwood flooring, one finished and one unfinished.