Jeld-Wen Holding Inc., once Oregon’s largest private company, is officially going public.
The company, now based in Charlotte, N.C., filed a registration statement this week with the U.S. Securities and Exchange Commission seeking an initial public offering. The statement says the window-and-door manufacturer will sell $100 million in stock, but Bloomberg reported that figure is a placeholder and the company could actually raise as much as $500 million and command a $5 billion valuation.
Based for decades in Klamath Falls, Ore., Jeld-Wen quietly moved its corporate headquarters to Charlotte last year amid reports it was planning the initial public offering.