Masonite Announces Five New M-Pwr™ Smart Doors Home Builder Partners

Rhea-AI Summary

Masonite International Corporation (NYSE: DOOR) announced an expansion of its M-Pwr™ Smart Doors portfolio by partnering with five new builders. These innovative doors integrate smart technology, including LED lighting, a video doorbell, and a smart lock, designed to enhance residential security. The M-Pwr™ Smart Doors are powered through the home’s electrical system and come with an emergency backup battery. This initiative aims to increase the availability of advanced smart home solutions across various communities.

Positive

• Expansion of M-Pwr™ Smart Doors with five new builders enhances market reach.
• Integration of smart technology in doors increases product offering and appeal.

Negative

• None.

Now more homeowners have access to the latest smart home technology for residential entry doors

TAMPA, Fla.--(BUSINESS WIRE)-- Masonite International Corporation (NYSE: DOOR), a leading global designer, manufacturer, marketer and distributor of interior and exterior doors, today announced the expansion of its M-Pwr™ Smart Doors home builder portfolio with the addition of five new builder partners. Masonite M-Pwr™ Smart Doors are the first residential exterior doors to integrate power, LED welcome lights, a video doorbell and a smart lock into the door system.

Masonite M-Pwr Smart Doors / photo courtesy Greenwood Homes.

"We're thrilled to work with these great builders and are excited to bring this next level of smart home technology to more homeowners with Masonite M-Pwr™ Smart Doors,” said Tom Arent, Vice President of Sales, Residential Wholesale. “We intend to continue expanding the availability of these Doors That Do More™ for homeowners with additional builders in the near future.”

The five new home builder partners offer Masonite M-Pwr™ Smart Doors in communities from coast to coast including those listed below:

• Ball Homes
  • The Peninsula, Lexington, KY
• Chesapeake Homes
  • Ashville Park, Virginia Beach, VA
  • Waterbridge, Myrtle Beach, SC
• Dalamar Affordable Custom Homes
  • Still Springs Ridge, Nashville, KY
  • Hamlet at Carothers Crossing, La Vergne, TN
  • Trace Side, Spring Hill, TN
  • Burley Ridge, Jessamine County, Nicholasville, KY
  • Cedar Ridge, Versailles, KY
  • Houston Oaks, Paris, KY
• Greenwood Homes
  • Spring Creek, Charlottesville, VA
• Williams Homes
  • Palo Verde by Williams Homes, La Quinta, CA

Masonite M-Pwr™ Smart Doors employ patent-pending, Underwriters Laboratories (UL) certified technology to connect residential front doors to a home’s electrical system and wireless internet network. To ensure that the doors are “always on” in the event of a power outage, an emergency backup battery can sustain system power up to 24 hours when fully charged. The Masonite M-Pwr™ smartphone app enables homeowners to remotely program and control motion-activated LED welcome lighting as well as to confirm whether the door is open or closed at any time.

As a result of previously announced collaborations with Ring and Yale Home, Masonite has integrated best-in-class technology into the first edition of M-Pwr™ Smart Doors. The fully integrated Ring Video Doorbells and Yale smart locks do not require individual batteries, eliminating the need for battery replacement in these devices. The advanced technology of the doors is incorporated into premium fiberglass doors that are available in a variety of styles, colors and finishes, including multiple glass options to complement any home design.

Masonite M-Pwr™ Smart Doors will be showcased at the 2022 CEDIA Expo in Dallas, Texas from Sept. 29 to Oct. 1 in booths #16087 (RING) and #20068 (Z-Wave Pavilion), as well as the Masonite meeting room in the Omni Dallas Hotel’s Trinity Ballroom 6.

To learn more about Masonite M-Pwr™ Smart Doors visit prosmartdoors.com.

ABOUT MASONITE

Masonite International Corporation is a leading global designer, manufacturer, marketer and distributor of interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. Since 1925, Masonite has provided its customers with innovative products and superior service at compelling values. Masonite currently serves more than 7,000 customers globally. Additional information about Masonite can be found at www.masonite.com.

ABOUT RING

Since its founding in 2013, Ring has been on a mission to make neighborhoods safer, together for everyone. From the first-ever Video Doorbell, to the award-winning DIY Ring Alarm system, Ring’s smart home security product line, as well as the Neighbors app, offer users affordable whole-home and neighborhood security. At Ring, we are committed to making security accessible and convenient for everyone—while working hard to bring communities together. Ring is an Amazon company. For more information, visit www.ring.com. With Ring, you’re always home.

ABOUT YALE

At 182 years strong, Yale is a leading security brand that protects the people, places and things we love most. It secures millions of homes and businesses worldwide with its innovative mechanical locks, safes and smart locks for front doors, interior doors, cabinets, package deliveries and more. Yale is part of the ASSA ABLOY Group, the global leader in access solutions. Every day, we help billions of people experience a more open world. For more information, visit US.yalehome.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220929005154/en/

Masonite Media Contacts:

Lori Conrad

DIRECTOR, EXTERNAL COMMUNICATIONS

813.739.1828 | mediainquiry@masonite.com

Emma Freund

ZENO GROUP

847.217.1300 | emma.freund@zenogroup.com

Masonite Investor Contact:

Marcus Devlin

DIRECTOR, INVESTOR RELATIONS

813.371.5839 | mdevlin@masonite.com

Ring Media Contact:

media@ring.com

Yale Media Contact:

Alexa Meadows

SENIOR PUBLIC RELATIONS MANAGER

925.550.6025 | alexa.meadows@assaabloy.com

Source: Masonite International Corporation

FAQ

What is the recent announcement by Masonite about DOOR stock?

Masonite announced the expansion of its M-Pwr™ Smart Doors portfolio by partnering with five new builders.

How does Masonite's M-Pwr™ Smart Door technology work?

The M-Pwr™ Smart Doors connect to a home's electrical system and include features like LED lights, a video doorbell, and a smart lock.

What are the benefits of Masonite's new Smart Doors?

They offer enhanced security, integration with smart home technology, and emergency battery backup.

Where can Masonite M-Pwr™ Smart Doors be purchased?

The doors will be available through new builder partners across various communities in the U.S.