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, Jeld-Wen quietly moved its corporate headquarters to Charlotte last year amid reports it was planning the initial public offering. A company spokeswoman told The Oregonian/OregonLive at the time that Jeld-Wen still had more employees in Oregon than any other state but declined to provide a figure.

The company, which held the naming rights as recently as 2014 to the downtown Portland stadium now known as Providence Park, nearly collapsed during the housing crash. It sold its majority ownership to the Canadian private-equity firm Onex Corp. in 2011 for $871 million. There were about 1,200 Jeld-Wen employees in Oregon then, and about 20,000 workers worldwide.

Company press release

JELD-WEN Holding, Inc. Files Registration for Proposed Initial Public Offering

June 01, 2016 05:53 PM Eastern Daylight Time

CHARLOTTE, N.C.–(BUSINESS WIRE)–JELD-WEN Holding, Inc. today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to the proposed initial public offering of its common stock. The number of shares to be offered, the price range for the proposed offering and the exchange on which shares of the Company’s common stock will be listed have not yet been determined.

Barclays, Citigroup, Credit Suisse and JP Morgan are acting as joint book-running managers in the proposed offering.

The offering will be made only by means of a prospectus. When available, a copy of the preliminary prospectus related to the offering may be obtained by contacting Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by emailing barclaysprospectus@broadridge.com, or by calling (888) 603-5847; or Citigroup, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or by calling (800) 831-9146.

A registration statement on Form S-1 relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About JELD-WEN

JELD-WEN — one of the world’s largest manufacturers of doors and windows — operates in 25 countries with 113 manufacturing facilities located primarily in North America, Europe and Australia. Headquartered in Charlotte, North Carolina, the company designs, produces and distributes an extensive range of interior and exterior doors, wood, vinyl and aluminum windows and related products for use in the new construction and repair and remodeling of residential homes and non-residential buildings. JELD-WEN’s full breadth of products has earned numerous awards and endorsements for dependability, innovation and excellence — providing solutions that deliver exceptional value for builders, architects and homeowners around the world. JELD-WEN is a recognized leader in manufacturing energy-efficient products and has been an ENERGY STAR® Partner since 1998.