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Griffon Corp.
Construction / Building materials and services
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Overview
is available @ https://www.griffon.com/About-Us/Overview
Griffon Corporation is a diversified holding company with operations in three primary segments: Home and Building Products, Telephonics Corporation, and Clopay Plastic Products. The Home and Building Products segment includes brands such as AMES, ClosetMaid, and CornellCookson, which offer a range of products for the residential and commercial building markets. The Telephonics Corporation segment provides communication and electronic systems for military, government, and commercial customers. The Clopay Plastic Products segment produces film and sheet products for various markets, including packaging, transportation, and consumer goods.
Founded in 1959, Griffon Corporation has grown into a global, publicly traded company with over $2 billion in revenue and approximately 6,000 employees. The company’s headquarters are located in New York City.
The Home and Building Products segment offers a diverse portfolio of innovative products for the residential and commercial building industries. This includes lawn and garden products, such as shovels, rakes, and wheelbarrows from AMES; wire shelving and storage solutions from ClosetMaid; and commercial and residential doors from CornellCookson.
The Telephonics Corporation segment, based in New York, is a leading supplier of integrated surveillance and communication systems for military and commercial applications. Their products range from radar systems to communication and defense solutions.
Clopay Plastic Products, headquartered in Cincinnati, Ohio, is a leading manufacturer of specialty plastic films and laminates for various industries. Their products are used in packaging, transportation, and consumer products, and their innovative technology and expertise have made them a trusted supplier to major global brands.
Griffon’s mission is to provide a diversified portfolio of industry-leading businesses that deliver superior financial returns and create value for their customers, employees, and shareholders. The company is committed to innovation, operational excellence, and strategic growth to maintain their position as a leader in the industries they serve.
In addition to their business operations, Griffon is also dedicated to giving back to the community through their philanthropic efforts. The company supports various charitable organizations focusing on education, healthcare, and social services.
Overall, Griffon Corporation is a well-established and dynamic company with a strong presence in multiple industries. With a focus on innovation, high-quality products, and social responsibility, Griffon continues to cultivate a successful and sustainable business for the future.
Griffon Corporation is a diversified holding company with operations in three primary segments: Home and Building Products, Telephonics Corporation, and Clopay Plastic Products. The Home and Building Products segment includes brands such as AMES, ClosetMaid, and CornellCookson, which offer a range of products for the residential and commercial building markets. The Telephonics Corporation segment provides communication and electronic systems for military, government, and commercial customers. The Clopay Plastic Products segment produces film and sheet products for various markets, including packaging, transportation, and consumer goods.
Founded in 1959, Griffon Corporation has grown into a global, publicly traded company with over $2 billion in revenue and approximately 6,000 employees. The company’s headquarters are located in New York City.
The Home and Building Products segment offers a diverse portfolio of innovative products for the residential and commercial building industries. This includes lawn and garden products, such as shovels, rakes, and wheelbarrows from AMES; wire shelving and storage solutions from ClosetMaid; and commercial and residential doors from CornellCookson.
The Telephonics Corporation segment, based in New York, is a leading supplier of integrated surveillance and communication systems for military and commercial applications. Their products range from radar systems to communication and defense solutions.
Clopay Plastic Products, headquartered in Cincinnati, Ohio, is a leading manufacturer of specialty plastic films and laminates for various industries. Their products are used in packaging, transportation, and consumer products, and their innovative technology and expertise have made them a trusted supplier to major global brands.
Griffon’s mission is to provide a diversified portfolio of industry-leading businesses that deliver superior financial returns and create value for their customers, employees, and shareholders. The company is committed to innovation, operational excellence, and strategic growth to maintain their position as a leader in the industries they serve.
In addition to their business operations, Griffon is also dedicated to giving back to the community through their philanthropic efforts. The company supports various charitable organizations focusing on education, healthcare, and social services.
Overall, Griffon Corporation is a well-established and dynamic company with a strong presence in multiple industries. With a focus on innovation, high-quality products, and social responsibility, Griffon continues to cultivate a successful and sustainable business for the future.
What is special about the company?
There are a few unique aspects that make the Griffon company stand out:
1. Military Heritage: The Griffon company has a strong connection to the military as it was founded by a former French soldier and the name Griffon is derived from a legendary creature known for its strength and bravery.
2. High-Quality Products: The company prides itself on producing high-quality, durable and reliable products that are designed to withstand extreme conditions and use.
3. Innovative Designs: The Griffon company is known for its innovative designs and technologies, such as their patented waterproof and breathable fabric used in their products.
4. Versatility: The company offers a wide range of products for various industries and uses, such as outdoor, tactical, and workwear, making it versatile and appealing to a diverse customer base.
5. Social Responsibility: The Griffon company is committed to ethical and sustainable practices, including using eco-friendly materials and fair labor practices.
6. Customization: The company offers the option for customers to customize their products, allowing for a personalized and unique experience.
7. Superior Customer Service: The company is known for its excellent customer service and strong relationships with their clients, offering outstanding support and assistance.
1. Military Heritage: The Griffon company has a strong connection to the military as it was founded by a former French soldier and the name Griffon is derived from a legendary creature known for its strength and bravery.
2. High-Quality Products: The company prides itself on producing high-quality, durable and reliable products that are designed to withstand extreme conditions and use.
3. Innovative Designs: The Griffon company is known for its innovative designs and technologies, such as their patented waterproof and breathable fabric used in their products.
4. Versatility: The company offers a wide range of products for various industries and uses, such as outdoor, tactical, and workwear, making it versatile and appealing to a diverse customer base.
5. Social Responsibility: The Griffon company is committed to ethical and sustainable practices, including using eco-friendly materials and fair labor practices.
6. Customization: The company offers the option for customers to customize their products, allowing for a personalized and unique experience.
7. Superior Customer Service: The company is known for its excellent customer service and strong relationships with their clients, offering outstanding support and assistance.
What the company's business model?
Griffon Corp. is a diversified holding company, operating in two primary industries: Home & Building Products and Defense Electronics. The company’s business model is centered around acquiring, managing, and growing a portfolio of businesses across these two industries.
In the Home & Building Products segment, Griffon Corp. owns and operates multiple brands that manufacture and market a wide range of building products, such as garage doors, shutters, ceiling systems, and other building components. The company’s strategy is to expand its existing product lines, introduce new products, and pursue acquisition opportunities to increase market share and profitability.
In the Defense Electronics segment, Griffon Corp. focuses on the design, manufacture, and delivery of mission-critical communication systems, sensors, and electronic warfare solutions for military and commercial applications. The company’s business model is to leverage its expertise and technology to develop innovative solutions, grow its customer base, and enhance its presence in the defense and aerospace industries.
Overall, Griffon Corp.’s business model is based on strategic acquisitions, product innovation, and customer diversification to drive revenue and profitability growth. The company also prioritizes operational excellence and cost-cutting measures to improve efficiency and maximize shareholder value.
In the Home & Building Products segment, Griffon Corp. owns and operates multiple brands that manufacture and market a wide range of building products, such as garage doors, shutters, ceiling systems, and other building components. The company’s strategy is to expand its existing product lines, introduce new products, and pursue acquisition opportunities to increase market share and profitability.
In the Defense Electronics segment, Griffon Corp. focuses on the design, manufacture, and delivery of mission-critical communication systems, sensors, and electronic warfare solutions for military and commercial applications. The company’s business model is to leverage its expertise and technology to develop innovative solutions, grow its customer base, and enhance its presence in the defense and aerospace industries.
Overall, Griffon Corp.’s business model is based on strategic acquisitions, product innovation, and customer diversification to drive revenue and profitability growth. The company also prioritizes operational excellence and cost-cutting measures to improve efficiency and maximize shareholder value.
Interesting facts about the company
and its history
1. The Griffon Corporation was founded in 1959 by Harold Rainbow in New York City. It initially focused on selling drilling equipment for the oil and gas industry.
2. The company’s name was inspired by the griffin, a mythological creature that symbolizes strength and leadership.
3. In the 1960s, Griffon expanded its operations to include manufacturing and selling products in the aerospace and defense industries.
4. In 1960, the company went public and began trading on the New York Stock Exchange under the ticker symbol GFF.
5. In the 1970s, Griffon acquired several companies, including Telephonics Corporation, a defense electronics company, and Ames True Temper, a manufacturer of lawn and garden tools.
6. In the 1980s, the company underwent a restructuring and refocused its operations on three main businesses: Telephonics, Home and Building Products, and Plastic Films.
7. Griffon’s Home and Building Products business includes brands such as Clopay Building Products, The AMES Companies, and ClosetMaid. These brands produce and sell a variety of products for the residential and commercial construction markets, including garage doors, lawn and garden tools, and storage solutions.
8. The company’s Plastic Films business produces and sells high-performance films and sheeting for packaging and industrial applications.
9. Telephonics, the company’s largest business with over 1,100 employees, provides advanced electronic systems and components for military and commercial applications.
10. In 2019, Griffon acquired CornellCookson, a leading provider of rolling doors and security grilles, expanding its Home and Building Products business.
11. Griffon Corporation has a strong commitment to sustainability and has implemented initiatives to reduce energy consumption, decrease waste, and increase recycling across its operations.
12. The company has received numerous awards and recognition for its commitment to safety, including being named one of America’s Safest Companies by EHS Today Magazine.
13. Griffon Corporation has a diverse workforce and has been named one of the Best Places to Work by The Milwaukee Business Journal and The Pittsburgh Business Times.
14. As of 2021, Griffon Corporation has a market capitalization of over $2 billion and operates in North America, Europe, and Asia.
See Company Due Diligence:
1. The Griffon Corporation was founded in 1959 by Harold Rainbow in New York City. It initially focused on selling drilling equipment for the oil and gas industry.
2. The company’s name was inspired by the griffin, a mythological creature that symbolizes strength and leadership.
3. In the 1960s, Griffon expanded its operations to include manufacturing and selling products in the aerospace and defense industries.
4. In 1960, the company went public and began trading on the New York Stock Exchange under the ticker symbol GFF.
5. In the 1970s, Griffon acquired several companies, including Telephonics Corporation, a defense electronics company, and Ames True Temper, a manufacturer of lawn and garden tools.
6. In the 1980s, the company underwent a restructuring and refocused its operations on three main businesses: Telephonics, Home and Building Products, and Plastic Films.
7. Griffon’s Home and Building Products business includes brands such as Clopay Building Products, The AMES Companies, and ClosetMaid. These brands produce and sell a variety of products for the residential and commercial construction markets, including garage doors, lawn and garden tools, and storage solutions.
8. The company’s Plastic Films business produces and sells high-performance films and sheeting for packaging and industrial applications.
9. Telephonics, the company’s largest business with over 1,100 employees, provides advanced electronic systems and components for military and commercial applications.
10. In 2019, Griffon acquired CornellCookson, a leading provider of rolling doors and security grilles, expanding its Home and Building Products business.
11. Griffon Corporation has a strong commitment to sustainability and has implemented initiatives to reduce energy consumption, decrease waste, and increase recycling across its operations.
12. The company has received numerous awards and recognition for its commitment to safety, including being named one of America’s Safest Companies by EHS Today Magazine.
13. Griffon Corporation has a diverse workforce and has been named one of the Best Places to Work by The Milwaukee Business Journal and The Pittsburgh Business Times.
14. As of 2021, Griffon Corporation has a market capitalization of over $2 billion and operates in North America, Europe, and Asia.
See Company Due Diligence:
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