Fortune Brands announced Sept. 29 it will merge its urethane millwork brand Fypon into one of its sister brands, exterior fiberglass and steel door maker Therma-Tru.
According to the company, the integration is designed to create “cost efficiencies” and “sales synergies.” Though corporate departments of Fypon will be integrated into Therma-Tru, the Fypon brand name will remain. “A key benefit of this merger is that Fypon will now have national sales coverage provided by the Therma-Tru sales team enhanced by several members of our Fypon sales team,” Fypon president Tom Riscili said in a statement.
The merger will necessitate elimination of 49 Fypon employees.
A company spokesperson reports that Fypon products will remain unchanged, and customers will not notice a change in supply, quality, or customer service. Fypon dealers are being contacted directly with details on any changes to their sales contacts.–Katy Tomasulo
