Steinbach window manufacturer Loewen, has entered into an agreement to acquire the business of La Loma Windows and Doors, based in Tucson, Arizona.
Loewen of Steinbach, Manitoba, Canada has been acquired by a group of investors including Charles Loewen, Clyde Loewen, Al Babiuk, President and CEO, members of management, and other private investors.
Loewen, a manufacturer of luxury windows and doors, is redesigning its Steinbach factory to become a model of lean manufacturing with the assistance of a $10-million secured, repayable provincial interest-bearing loan, Competitiveness, Training and Trade Minister Andrew Swan announced.
