N. VENICE, Fla., May 1, 2014 (GLOBE NEWSWIRE) -- PGT Industries (Nasdaq:PGTI), the nation's leading manufacturer and supplier of residential impact-resistant windows and doors, announced today that it will become a component in the S&P SmallCap 600® index after the close of trading on Friday, May 2, 2014.
The S&P SmallCap 600® is an index of 600 companies from leading industries with a market capitalization of $350 million to $1 billion. It is designed for investors seeking to replicate the performance of the U.S. equity market or benchmark against a representative universe of tradable stocks. The Company will be added to the S&P SmallCap 600® GICS (Global Industry Classification Standard) Industrials Sector and the Building Products Industry Group.
"The S&P U.S. Indices are widely recognized as leading indicators of the U.S. equities market performance, and we are honored to be part of such a distinguished and successful group of corporations," said Jeff Jackson, Executive Vice President and CFO of PGT Industries. "This is remarkable recognition for our Company and our commitment to long-term, sustainable growth. We'd like to thank our Board, employees and loyal customers for helping us achieve this significant milestone."
PGT Industries also recently became a member of the Barron's 400 Index. Barron's 400 is an innovative measure of U.S. securities that are made up of the 400 strongest and most promising stocks in North America, out of more than 6,000, that score the highest when evaluated against the rigorous and fundamentals-based criteria.
ABOUT PGT:
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. Founded in 1980, the Company employs approximately 1,500 at its manufacturing, glass laminating and tempering plants in North Venice, Florida. Utilizing the latest designs and technology, PGT products are ideal for new construction and replacement projects serving residential, commercial, high-rise and institutional markets. PGT's product line includes PGT Aluminum and Vinyl Windows and Doors; PGT WinGuard and PGT PremierVue Impact-Resistant Windows and Doors; PGT Architectural Systems; and PGT Eze-Breeze Sliding Panels. PGT Industries is a wholly owned subsidiary of PGT, Inc. (Nasdaq:PGTI). For additional information visit pgtindustries.com.