GFF - Griffon Corporation

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  1. T0rm3nted

    T0rm3nted Moderator
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    Griffon Corporation (GFF) is a multinational conglomerate holding company headquartered in New York, NY. The company's four subsidiaries are: The AMES Companies, Clopay Building Products, Clopay Plastic Products, and Telephonics Corporation. In 2015, Griffon generated over $2 billion in sales with approximately 6,000 employees worldwide. Griffon has been publicly traded since 1961 and is listed on the New York Stock Exchange as a component stock of the S&P SmallCap 600, S&P Composite 1500, and Russell 2000 indices.

    Griffon operates as a diversified management and holding company conducting business through wholly owned subsidiaries. Griffon oversees the operations of its subsidiaries, allocates resources among them, and manages their capital structures. Griffon provides direction and assistance to its subsidiaries in connection with acquisition and growth opportunities as well as in connection with divestitures. In order to further diversify, Griffon also seeks out, evaluates and, when appropriate, will acquire additional businesses that offer potentially attractive returns on capital.

    Griffon's subsidiaries are industry leaders in their respective fields. Clopay Building Products is the largest manufacturer of residential garage doors in North America. The AMES Companies is a leading global manufacturer of non-powered lawn and garden tools and accessories. Clopay Plastic Products produces and develops highly engineered plastic films and laminates for a variety of hygienic, personal health care, and industrial uses in the United States, Western Europe, and Latin America. Telephonics specializes in advanced electronic information and communications systems for defense, aerospace and civil applications.

    Griffon follows its heritage as a diversified conglomerate, expecting to outperform the market by efficiently allocating resources, devising and overseeing the implementation of its corporate strategy, and providing operational oversight to its subsidiaries. Griffon is focused on acquiring, owning, and operating businesses in a variety of industries, and intends to continue the growth of its existing segments and diversify further through investments and acquisitions.

    The company's name was inspired by the mythical beast that was half-lion, half-eagle, and entrusted with the duty of guarding valuable treasure. Like its namesake, Griffon aims to achieve "strength through diversity" (corporate motto) and achieve shareholder value through providing world-class products to a global customer base.
     

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