Sep. 23 at 7:12 PM
$JELD Key aspects of turnaround
Customer service improvement: The company focused on improving its quality & service, which mgmt noted saw early signs of improvement in the first quarter of 2025.
Network optimization & consolidation:
-closing less productive manufacturing & distribution facilities, the company closed plants in California & Oregon, to consolidate production & streamline operations
It also plans to close a plant in Wisconsin, & shift production to its facility in, Illinois.
Cost reduction & productivity:
JELD-WEN is investing in automation & leveraging its scale to streamline sourcing.
The company has also been focused on reducing (SG&A) costs
JELD-WEN projects a
$100M benefit from its transformation in 2025, which aims to help offset headwinds from market volume & mix
Data-driven decision making: The company implemented new data platforms to get a clearer, more centralized view of its business. This helped them make more informed pricing decisions & increase revenue
