Serious Materials Buys Another Window Company—Are Government Grants in the Future?
Michael Kanellos: January 16, 2009, 12:26 PM
Serious Materials, the people who brought you ecologically friendly and sound-dampening drywall, have purchased Republic Windows and Doors.
The Chicago-area Republic had recently declared bankruptcy and let its workers go with only a short notice, prompting a sit-in of about 200 workers.
Serious got into the window business last year when it bought Alpen Window. The Thermaproof windows devised by Alpen (and now by Serious) insulate far better than standard windows and a lot of walls for that matter. The windows alone can cut home heating bills by 15 percent to 40 percent, Serious CEO Kevin Surace has said. (If you want to hear from Surace directly, go to the company's Website....
