Local News

Majority Stake in Jeld Wen to Be Sold

There is news about one of Oregon’s largest companies. Klamath Falls based Jeld Wen, Incorporated says it will sell a majority stake in the company to Onex Corporation, a Canadian investment firm. The deal, reported to be worth $864-million, would give Onex a 58% share of Jeld Wen and end local control of Oregon's largest privately held company. Onex officials say the Jeld Wen headquarters will remain in Klamath Falls. Jeld Wen employs 20,000 people in more than 20 countries.

 

 

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