VENICE, Fla., April 17, 2007 – Sharing his experience from PGT Inc.’s successful 2006 IPO, company Chief Financial Officer and Treasurer Jeff Jackson spoke at NASDAQ’s IPO BootCamp held on April 11 in New York, NY.
Jackson spoke to the topic “Expect the Unexpected: Lessons Learned in the IPO Process.” The conference addressed the fundamental issues facing executives as their company makes the transition from the private to public sector.
NASDAQ has tapped into a growing need of privately-held companies...accessibility. "As executives of privately-held companies explore capital growth opportunities their efforts are often hindered by the inherent challenges of an initial public offering (IPO)," stated Jeff Jackson, chief financial officer for PGT Industries.
"While IPOs are effective at raising capital, the changes a company encounters during the IPO process are numerous and challenging; nevertheless, the rewards are immeasurable, including increased shareholder base, employee stock ownership, and tapping into new capital markets," according to Jackson.
PGT Industries recently completed its IPO in June of 2006 after 25 years as a privately held company
PGT® pioneered the U.S. impact-resistant window and door industry and today is the nation's leading manufacturer and supplier of residential impact-resistant windows and doors. PGT is also one of the largest window and door manufacturers in the United States. In its 26h year, the company employs approximately 2,200 at its manufacturing, glass laminating and tempering plants, and delivery fleet facilities in Venice, Fla. and Salisbury, N.C. Sold through a network of over 1,300 independent distributors, the company's total line of custom windows and doors is now available throughout the eastern United States, the Gulf Coast and in a growing international market, which includes the Caribbean, South America and Australia. PGT's product line includes PGT® Aluminum and Vinyl Windows and Doors; WinGuard® Impact-Resistant Windows and Doors; PGT® Architectural Systems; and Eze-Breeze® Sliding Panels. PGT Industries is a wholly owned subsidiary of PGT, Inc. (NASDAQ:PGTI).