PGTI PGT Innovations Inc.

PGT Innovations to Launch Latest Products at NAHB International Builders’ Show

PGT Innovations, Inc. (NYSE: PGTI) and its trusted family of brands including CGI®, PGT® Custom Windows + Doors and WinDoor® announced today they will unveil new products at the 2018 NAHB International Builders' Show® (IBS) on January 9-11. Each brand under the PGT Innovations umbrella shares a deep focus on their customers and engineering the next generation of technically advanced windows and doors.

“It’s an exciting time for PGT Innovations as our brands are able to make a stronger impact, together. We look forward to showcasing our forward-thinking products and prototypes, and unveiling PGT Innovations’ Limited Signature Edition at the January’s NAHB International Builders’ Show,” said Jeff Jackson, President, PGT Innovations.

Mr. Jackson begins his new role as CEO of PGT Innovations, effective January 1, 2018. Rod Hershberger, who is retiring as CEO, will continue to serve as the Chairman of the Board of Directors.

PGT Innovations will showcase their emerging innovations at booth W2952. New products will be revealed at the show where visitors will also be able to see products offered by each brand — CGI®, PGT® Custom Windows + Doors, and WinDoor®. New products for 2018 include:

  • Sparta by CGI® Windows and Doors: Sparta impact-resistant windows are perfect for when strength and performance are still required, but value is desired. This new product line makes it easier for families to upgrade from cumbersome plywood or shutters, making it an ideal choice for new construction or remodel projects.
  • SlimFront Storefront System by CGI® Commercial Architectural Products: SlimFront provides a pre-glazed storefront window and door system that boasts narrow sightlines. To make installation easier, there is a no jamb anchorage option coupled with industry-leading sizes and design pressures.
  • New WinGuard® Aluminum by PGT® Custom Windows + Doors: WinGuard impact-resistant windows and doors have been effortlessly protecting families for over 20+ years. The re-engineered offering delivers some of the largest sizes in the industry with even stronger design pressures. The contemporary frame profile, integrated locks, and expanded architectural finish options on hardware are just some of the many new features.
  • Bifold Door Series by WinDoor: The 8500 Series bi-fold door is custom-made to provide industry-leading sizes with impact-resistant or non-impact glass. The unique bottom rollers eliminate the need for a support beam, making it ideal for remodel or new construction projects.

PGT Innovations will also host industry-leading experts to speak in their booth W2952 at IBS on January 9, 10 and 11, between 10:00-3:30 p.m. Speakers include: Dean Ruark, SE AAMA President; Ken Vanderbent, Senior Manager of Innovation; Jeff Rafter, National Account Manager for Eze Breeze, and Jamison Eige, Director of Sales. Topics range from lessons learned from Hurricane Irma to how the Company’s prototypes are engineered to continue to exceed industry standards.

To find out more about the new PGT Innovations, their brands or their booth at IBS 2018, visit www.pgtinnovations.com/IBS.

About PGT Innovations

PGT Innovations, headquartered in North Venice, Florida, with over 2,700 employees statewide, 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 is the nation’s largest manufacturer of impact-resistant windows and doors, 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

This press release may contain statements that constitute “forward-looking statements” as defined under federal securities laws of the United States. Generally, words such as “believe,” “expect,” “intend,” “estimate,” “anticipate,” “project,” “will” and similar expressions identify forward-looking statements, which are not historical in nature. These forward looking statements relate to, among other things: (i) the impact that our name change will have on the Company’s profile, brand and performance; (ii) the impact the listing of our common stock on the NYSE will have on the Company’s profile, brand, and performance; and (iii) the outcome of these and other changes the Company is making to expand its growth opportunities and increase shareholder value. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the Company’s historical experience and our present expectations or projections. These risks include, but are not limited to:

  • Changes in new home starts and home remodeling trends
  • The economy in the United States generally and in Florida, in particular, where the substantial portion of our sales are generated
  • Raw material prices, especially aluminum and vinyl
  • Transportation costs
  • Our level of indebtedness
  • Our dependence on our impact-resistant product lines
  • Our ability to successfully integrate acquisitions, such as our acquisitions of CGI® Windows & Doors Holdings, Inc. and WinDoor®, Inc.
  • Product liability and warranty claims
  • Federal and state regulations
  • Our dependence on our manufacturing facilities; and
  • Other risks discussed in our Company’s filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2016 and our subsequently filed quarterly reports on Form 10-Q, which are available from the SEC.

You should not place undue reliance on forward looking statements, which speak only as of the date they are made. The Company does not undertake any obligation to update any forward-looking statement to reflect the impact of subsequent events or circumstances.

EN
11/12/2017

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