Griffon Corp - Company Profile

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Business Description

Griffon Corp (Griffon) is a diversified management and holding company that operates through wholly-owned subsidiaries. Its subsidiary, Clopay Corp, is a manufacturer and marketer of garage doors and rolling steel doors in North America. Clopay's products are sold under brands such as Clopay, Ideal, and Holmes for residential and commercial sectional garage doors, and Cornell and Cookson for rolling steel doors. The company also offers a global portfolio of branded consumer and professional tools, fans, and home storage products under brands such as AMES, Hunter, True Temper, and ClosetMaid. These products are distributed through home centers, mass market retailers, industrial distributors, homebuilders, and e-commerce platforms. Key customers include Home Depot, Lowe's, and Bunnings. Griffon serves industries including home remodeling, commercial construction, and consumer tools and products.

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R&D Overview

Griffon invests in research and development to protect its designs and product innovation, primarily through the use of patents. The company holds approximately 855 issued patents and 187 pending patent applications in the US, along with 345 issued and 69 pending foreign patents and patent applications. In FY2025, the company spent US$ 20.3 million on R%D, which as a percentage of total revenue stood at 0.8%.

Business Segments

Overview

Manufacturers and produces products in North America that enhance indoor and outdoor lifestyles; residential, industrial and commercial fans; home storage and organization products; and branded consumer and professional tools. Markets products under the brands such as AMES, Hunter, True Temper, and ClosetMaid.

Performance

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Overview

Includes the operations through Clopay. Clopay manufactures and sells garage doors and rolling steel doors in North America. Sells a complete line of entry door systems for the residential and commercial garage through professional dealers and leading home center retail chains. Markets products under the brands such as Clopay, Holmes, and Ideal. Also, sells rolling steel door and grille products under the brands such as Cornell and Cookson.

Performance

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Geographical Segments

Target Markets

Mexico, China, Brazil, and Ireland

Performance

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Performance

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Performance

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Target Markets

Germany, and the UK

Performance

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Performance

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