DALLAS--(BUSINESS WIRE)--Overhead Door Corporation, the nation’s leading manufacturer of overhead doors and openers for residential, commercial and industrial construction applications, today announced that its Access Systems Division (ASD) purchased the assets of ANKMAR’s CladPanel™ door division located in Sweet Home, Ore. ANKMAR was launched in 1956 as a Denver-based garage door installation and service firm. In 1974, ANKMAR manufactured its first wood doors and, by 1978, had pioneered the CladPanel™ composite doors.
“Adding a well-known and respected product like CladPanel™ doors to our portfolio is consistent with our growth initiatives and complements our existing product lines,” said Dennis Stone, president and chief executive officer of Overhead Door Corporation. “We’ve seen industry sales on wood garage doors double over the past two years. Enhancing our line with an eco-friendly wood composite residential garage door is a natural progression.”
CladPanel™ doors panels are made from resin-bonded wood composites and finished with tough resin overlays that are specifically formulated to resist moisture. The doors are made from more than 85 percent recovered and recycled content.
About Overhead Door Corporation
Overhead Door Corporation, based in Dallas, Texas, is the nation’s leading manufacturer of overhead doors and openers for residential, commercial and industrial construction applications. There are three divisions of the company including the Access Systems Division (ASD), the largest, which features the Overhead Door and Genie brands; Horton Automatics, which includes automatic entrance systems; and TODCO, the largest producer of overhead doors for the transportation industry worldwide. Overhead Door created the original overhead garage door in 1921 and the first garage door opener in 1926. Overhead Door Corporation is a subsidiary of Sanwa Shutter Corporation of Tokyo, Japan. For additional information, visit www.overheaddoor.com.