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Griffon Corporation

Griffon Corporation
Formerly called
Instrument Systems Corporation (ISC)
(1959–1995)
Public
Traded as GFF
S&P 600 Component
Industry Conglomerate
Building Products
Aerospace and Defense
Garage Doors
Plastics
Founded College Point, Queens, New York, United States
1959; 58 years ago (1959)
Headquarters 712 Fifth Avenue, New York, NY 10019, United States
Area served
Worldwide
Key people
Harvey R. Blau, Chairman, non executive
Ronald J. Kramer, CEO
Robert F. Mehmel, President and COO
Brian G. Harris, Senior Vice President and CFO
Seth Kaplan, Senior Vice President and General Counsel
Products Diversified investments
Revenue Increase US$ 2.0 Billion (FY 2015)
Increase US$ 34.3 Million (FY 2015)
Total assets Decrease US$ 1.7 Billion (FY 2015)
Number of employees
Decrease 6,000 (FY 2015)
Subsidiaries The AMES Companies
Clopay Building Products
Clopay Plastic Products
Telephonics Corporation
Website www.griffon.com

Griffon Corporation 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 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.


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