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Georgia Gulf Intros Folding Doors

Zacks Equity Research

Royal Building Products, a unit of Georgia Gulf Corporation (GGC), has introduced the Royal Overture Folding Door Series for both residential and commercial use. The sleek folding doors, which come with a maximum width of 288 inches and height of 120 inches, are easy to accommodate wherever required.
The multi-panel configuration of folding door series offers a range of design options. Further, customers can select colors of their own choice from the array of colors of Royal Bond Spectra-Coat.

Apart from being fashionable, the doors also provide tight security. The doors have three-point locking hardware coupled with separate locking system in each panel. The hardware is of high-quality too that customers can operate smoothly with minimum maintenance hassle.

In addition, the doors have strong features as well since its all-vinyl frame along with aluminum reinforcement of the folding doors fits it in any climate. Moreover, the doors are ENERGY STAR qualified and fulfil the most severe energy codes in the industry. The sash has been designed in such a manner that even the commonest variety of insulated glass can be used.

The new Royal Overture Folding Door Series had already created a hype among the industry attendees at Win-Door 2011 held at Toronto in November and won the Most Interesting New Product Award in the Professionals category.    

Georgia Gulf reported earnings of $1.01 per share in first-quarter 2012 compared with 35 cents in the year-ago quarter. Total revenue improved 9% year over year to $859.9 million.

Atlanta, Georgia-based Georgia Gulf is a leading, integrated North American manufacturer of two chemical lines, chlorovinyls and aromatics; and manufactures vinyl-based building and home improvement products. The company's vinyl-based building and home improvement products, marketed under the Royal Building Products and Exterior Portfolio brands, include window and door profiles, mouldings, siding, pipe and pipe fittings, and deck products.

Georgia Gulf faces competition from companies like The Dow Chemical Company (DOW) and PolyOne Corporation (POL). The stock retains a short-term Zacks #3 Rank (Hold). We have a long-term Neutral recommendation on Georgia Gulf.


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