Landover, MD (Vocus) January 7, 2011
Thompson Creek Window Company hosted a visit from President Obama this morning at its manufacturing facility in Landover, Md., which was the site of the President’s remarks to the media about the economy, comment on the monthly employment report and make economic personnel announcements.
Thompson Creek President Rick Wuest said, “It was definitely an honor and a change of pace for us to host the President and the White House Press Corps. Being selected by the White House as the location for announcements on the economy is exciting for all of our employees, and being showcased as a company that is able to thrive in these challenging conditions is validation of our hard work that has created a lot of jobs and kept us on a strong growth path.”
The Company is a privately owned and family operated manufacturer and installer of energy efficient home improvement replacement products. Founded in 1980, it has evolved into one of the leading home improvement contracting companies in the nation and now includes Thompson Creek Window Company, Closet America, LLC, and St. Claire Window & Door Corp. Products include replacement windows and doors, vinyl siding and a clog-free gutter system. Thompson Creek employs a staff of 289 people at two locations: the manufacturing plant and distribution center in Landover, Maryland, and corporate headquarters and administrative offices in Lanham, Maryland. The Company’s market territory includes Maryland, Northern Virginia and Washington, D.C.
Having received numerous industry awards, including being named 2010 Replacement Contractor of the Year by Replacement Contractor magazine and a 2008 Torch Award winner for Marketplace Ethics from the Better Business Bureau, Thompson Creek has achieved double-digit growth over the past 10 years, including revenue growth of more than 50 percent last year.
While many similar companies are struggling, the reason for this impressive growth, according to Wuest, can be attributed to multiple factors. He said, “In addition to manufacturing and installing the best product on the market today, along with talented sales, marketing and support departments being able to proactively adapt to change has been instrumental in our growth.” This includes changes in technology, manufacturing practices, sales methodology, customer service and employee recognition programs. Another factor that has contributed to their growth was the American Recovery & Reinvestment Act of 2009 (ARRA). The Act offered tax credits for homeowners who upgrade their home’s windows and doors to more energy-efficient products. Thompson Creek was able to benefit from the homeowner tax credits, which contributed to the sales growth they experienced.
As a result of this growth, Thompson Creek has continued to hire new employees over the last few years. The number of employees doubled from 2008 to 2010, and by the end of 2010 they employed a workforce of close to 300, a number that is expected to grow to more than 400 in 2011.
“While the economy the past few years has been challenging for everyone,” said Wuest, “our business performance indicates that—regardless of the economy—there will always be a place for high-quality products and installation that helps customers not only to save energy but also to increase the value of their homes. And this performance would be impossible without our talented and dedicated employees and our total commitment to our customers.”
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