Business & Finance: Masonite

Last week was a notable one in the life of President Ben Alexander of Masonite Corp. On his desk in the wallboard company's executive offices in Chicago's Conway Building appeared a big bouquet of red roses from his wife, marking his tenth wedding anniversary. The roses also served as a remembrance for his 42nd birthday. Meantime Mr. Alexander's Masonite published its annual report for the fiscal year through August showing record profits, celebrated its tenth business birthday, announced a refinancing plan and split its stock 2-for-1.

Only for the stock split was there a...

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