Quanex Building Products (NYSE:NX) operated through the following two segments before the divestiture (see below):
The engineered products group (EPG) sells window and door components to original equipment manufacturers used primarily in residential remodeling and replacement (R&R) and new home construction.
The aluminum sheet products segment (Nichols) sells aluminum sheet used in the residential building and transportation markets.
The housing play isn't over - you just have to look somewhere else
Although the housing market remains healthy, the rally in the more visible, early cycle names (e.g. homebuilders, appliances) should gradually transition to later cycle plays driven by increasing R&R activity, which typically lags new construction by ~12-18 months. NX is positioned to benefit...
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