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Overhead Door acquires Wayne-Dalton
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“Overhead Door approached this acquisition with a strong business model and solid balance sheet, built on effective cost and asset management practices,” said Paul Lehmann, vice president and chief financial officer of Overhead Door. “This combination not only strengthens the market position of the company, it enhances the financial strength of Overhead Door. Synergies inherent in the prospective integration of the business operations will improve the company’s ability to withstand the current and future downturns in the construction industry while continuing to make further investments that will benefit its customers and owners,” he added.