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Cornerstone Building Brands (CNR) has appointed Rose Lee, President and CEO, as Vice Chair of the Manufacturing Institute’s STEP Women’s Initiative for 2022 and Chair for 2023. This initiative aims to close the gender gap in manufacturing by empowering and inspiring women through recognition and mentoring. Lee expressed commitment to Diversity, Equity, and Inclusion, emphasizing the need for role models to attract and retain women in the industry. Cornerstone is North America's largest exterior building products manufacturer, with over 21,700 employees and a diverse product portfolio.

Cornerstone Building Brands (CNR), the largest manufacturer of exterior building products in North America, is set to release its first-quarter 2022 financial results on May 3 after the market closes. The results will be accessible on the company’s investor relations website. With a workforce of over 21,000 employees, Cornerstone specializes in products including vinyl windows, siding, and metal roofing, catering to both residential and commercial markets. Corporate stewardship and ESG responsibility are core to the company's operations.

Cornerstone Building Brands (NYSE: CNR) has signed a definitive agreement to sell its coil coatings business to BlueScope Steel for $500 million. This transaction includes the transfer of seven manufacturing facilities and approximately 570 employees. The coil coatings business generated net sales of about $214.9 million in 2021. The deal will further strengthen the long-term supply relationship between the two companies. The transaction is expected to close in 2022, pending regulatory approvals.

Cornerstone Building Brands (NYSE: CNR) announced the sudden passing of Art Steinhafel, President of U.S. Windows and Doors, on April 3, 2022, at the age of 53. CEO Rose Lee expressed deep condolences, highlighting Steinhafel's significant impact on colleagues and customers alike. Cornerstone Building Brands is the largest manufacturer of exterior building products for residential and low-rise non-residential buildings in North America, with a diverse product portfolio and over 20,000 employees across its operations.

Cornerstone Building Brands (NYSE: CNR) has announced its acquisition by Clayton, Dubilier & Rice in an all-cash deal valued at approximately $5.8 billion, including debt. Shareholders will receive $24.65 per share, a 16% premium over the stock's closing price on March 4, 2022, and 75% premium over February 4, 2022. The transaction, approved by the company's board and a special committee, is expected to close in the second or third quarter of 2022, pending regulatory approvals.

Cornerstone Building Brands reported a strong fourth quarter and full-year performance for 2021, achieving net sales growth of 23.5% and 20.9% respectively.

Net income for 2021 reached $665.9 million or $5.19 per diluted share, compared to a net loss of $482.8 million the previous year. The company completed the acquisition of Union Corrugating Company, enhancing its residential metal roofing offerings. Adjusted EBITDA for the year was $688.0 million, up 24.1% year-over-year, despite challenges from supply chain disruptions and labor shortages.

Cornerstone Building Brands, Inc. (NYSE: CNR) has rescheduled its 2021 fourth-quarter financial results release from February 21, 2022, to March 1, 2022. This announcement coincides with the filing of its Annual Report on Form 10-K for the fiscal year ending December 31, 2021. Additionally, following a non-binding acquisition proposal from Clayton, Dubilier & Rice, the company has canceled its conference call that was scheduled for February 22, 2022.

Cornerstone Building Brands (NYSE: CNR) has received a non-binding acquisition proposal from Clayton, Dubilier & Rice (CD&R) offering $24.65 per share for all outstanding shares not owned by CD&R, which currently holds about 49%. The company formed a Special Committee to review this and any competing proposals. No definitive agreement is guaranteed, and trading in the stock should proceed with caution. A detailed proposal letter was filed with the SEC on February 13, 2022.