The largest U.S. producer of wallboard and similar wood products last week took over one of its biggest customers. In return for 81,250 shares of its own stock (current value: around $4,550,000) Masonite Corp. bought control of Marsh Wall Products, Inc. of Dover, Ohio, No. 1 finisher of Masonite wallboard. For 23-year-old Masonite, the deal will enable it to turn out finished products (doors, panels, etc.) for sale to the building trade. For Marsh Wall, it marked a new chapter in a happy saga of family enterprise.
Around the Table. The heroine...
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