Company DescriptionGriffon Corporation, through its subsidiaries, provides consumer and professional, and home and building products in the United States, Europe, Canada, Australia, and internationally. Its Consumer and Professional Products segment manufactures and markets long-handled tools and landscaping products for homeowners and professionals; wood and wire closet organization, general living storage, and wire garage storage products to home center retail chains, mass merchandisers, and direct-to builder professional installers; wheelbarrows and lawn carts; snow, striking, and hand tools; planters and lawn accessories; garden hoses; and pruners, loppers, shears, and other tools, as well as cleaning products for professional, home, and industrial use. The company's Home & Building Products segment manufactures and markets residential and commercial garage doors for professional dealers and various home center retail chains; and rolling steel door and grille products for commercial, industrial, institutional, and retail uses. It sells its products under the True Temper, AMES, ClosetMaid, Clopay, Ideal, Holmes, CornellCookson, Garant, Harper, UnionTools, Westmix, Cyclone, Southern Patio, Northcote Pottery, Nylex, Hills, Kelkay, Tuscan Path, La Hacienda, Kelso, Dynamic Design, Apta, Quatro Design, Razor-Back, Jackson, Darby, Trojan, Supercraft, NeverLeak, Maximum Load, SuperSlide, ShelfTrack, MasterSuite, Suite Symphony, ExpressShelf, Style+, and SpaceCreations brand names. The company was formerly known as Instrument Systems Corporation and changed its name to Griffon Corporation in June 1992. Griffon Corporation was founded in 1959 and is headquartered in New York, New York.
How the Company Makes MoneyGriffon Corporation generates revenue through its diverse portfolio of businesses, each contributing to the company's overall earnings. The Consumer and Professional Products segment, which includes brands like AMES and ClosetMaid, generates revenue by manufacturing and selling tools, storage solutions, and outdoor products. The Home and Building Products segment, featuring brands like Clopay, provides revenue through the sale of residential and commercial garage doors as well as sectional doors. Additionally, the Defense Electronics segment contributes to revenue by offering advanced electronic and information solutions for defense applications, primarily through its Telephonics subsidiary. Key factors contributing to Griffon's earnings include strategic acquisitions that broaden its product offerings, strong brand recognition, and a focus on operational efficiency. The company also benefits from significant partnerships and long-term contracts in its defense segment, ensuring a steady stream of income.