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MITER Brands' deal to buy Venice's PGT Innovations for $3.1 billion completed

MITER Brands' deal to buy Venice's PGT Innovations for $3.1 billion completed
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Sarasota business community embraces PGT deal even as headquarters expected to shift north

About half of the $100 million in "cost-saving synergies" expected in PGT-Masonite deal to come from reduced expenses soon after the deal closes. ....

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Thursday's Daily Pulse

FloridaTrend.com delivers Florida business news along with reports on Florida politics, Florida public policy and government. Florida executives and professionals rely on FloridaTrend.com for in-depth analysis and perspectives on the issues, people and ideas that define Florida. ....

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Sarasota County's PGT Innovations to bring 240 jobs to Fort Myers hub

The largest private employer in Sarasota County is making in-roads into Lee County.
PGT Innovations, which stands for “Progressive Glass Technology” and makes windows and doors, has agreed to a five-year lease of a new, 130,000-square-foot manufacturing facility in Lee County off Ben Hill Griffin Road, not far from Southwest Florida International Airport.
The building, known as Meridian Center North, is located at 10400 Meridian Center Parkway and has a current tenant in Wayfair, with PGT Innovations to take over the remaining space.
PGT Innovations already has confirmed the hiring of 100 new workers for what should generate about 240 jobs. The factory will be operational by June and modified over the rest of the year. ....

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