(Nasdaq: BOOM) today announced Jim Schladen has rejoined its Arcadia Products
Schladen returns to Arcadia after previously serving as its president from 2000 until his retirement in January 2023
Arcadia is a supplier of architectural building products to the commercial and high-end residential construction industries
California-based building products business into a leading regional supplier
achieving double-digit compound annual sales growth and industry-leading profitability from 2010 until his retirement
The business now operates sales locations and production facilities throughout the western and southwestern United States
providing high-growth regions with commercial exterior and interior aluminum framing solutions
“I am pleased to welcome Jim back to Arcadia
Jim has been a valuable resource regarding Arcadia’s markets
history and what drove its success under his leadership
We are looking forward to working with him in this exciting new chapter of Arcadia’s history
who has been working on several foundational operational improvement initiatives since September of 2024
and has served as interim president of Arcadia since last November
Chris will continue to assist us in ensuring a smooth transition as interim vice president of operations.”
Schladen began his career at Arcadia in 1986 and subsequently departed to co-found Wilson Partitions
a provider of commercial interior building products
he held the roles of head of sales for Arcadia Commercial Exteriors
He earned a bachelor’s degree in business economics from the University of California
Safe Harbor Language This news release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933
and Section 21E of the Securities Exchange Act of 1934
our intent to enhance value for our stakeholders
All of these statements are based on management’s expectations as well as estimates and assumptions prepared by management that
These statements involve risks and uncertainties
governmental and other factors outside of the Company’s control that may cause its business
financing activities or actual results to differ materially
More information on potential factors that could affect the Company and its financial results is available in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections within the Company’s Annual Report on Form 10-K for the year ended December 31
and in other documents that the Company has filed with
The Company does not undertake any obligation to release public revisions to any forward-looking statement
to reflect events or circumstances after the date of this news release
or to reflect the occurrence of unanticipated events
except as may be required under applicable securities laws
CONTACT:Geoff HighVice President of Investor Relations303-604-3924
This website is using a security service to protect itself from online attacks
The action you just performed triggered the security solution
There are several actions that could trigger this block including submitting a certain word or phrase
You can email the site owner to let them know you were blocked
Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page
DMC Global Inc., a diversified holding company, signed a definitive agreement to acquire a 60 percent controlling interest in privately held Arcadia Inc. for $282.5 million in cash and DMC stock
supplier of architectural building products
which include exterior and interior framing systems for low and mid-rise commercial buildings. Closing is expected to occur prior to Dec
“This is an exciting transaction for Arcadia
We look forward to DMC’s support as we expand Arcadia’s capacity and increase its position in the commercial and high-end residential architectural products markets
I am confident this will be an outstanding partnership that will provide long-term benefits to Arcadia
“This is a milestone transaction for DMC and aligns with our strategy of building a diversified portfolio of industry-leading businesses with differentiated products and services
The acquisition of Arcadia will double DMC’s consolidated sales
strengthen our gross margins and provide diversification outside our more cyclical energy and industrial infrastructure markets
“Arcadia’s strong position in a $4.5 billion segment of the architectural products industry will also significantly expand DMC’s addressable market
We look forward to supporting Arcadia’s growth plans
and I am delighted to welcome CEO Jim Schladen and the company’s 850 employees to the DMC family.”
© National Glass Association. All Rights Reserved. Privacy Policy