Griffon Corporation is a diversified management and holding company with operations in various industries, headquartered in New York City. The company operates through two business segments: Consumer and Professional Products, and Home and Building Products. Griffon's business model involves acquiring and managing a portfolio of companies, each specializing in distinct sectors, with the goal of driving growth and enhancing shareholder value.
In the Consumer and Professional Products segment, Griffon focuses on manufacturing and marketing a range of consumer and professional-grade home and building products. This includes items such as paint applicators, aerosol paint products, personal protective equipment (PPE), and portable lighting solutions. The company aims to provide innovative and high-quality products that cater to both consumer and professional markets.
The Home and Building Products segment encompasses businesses involved in home and building construction, renovation, and interior design. This includes companies specializing in garage doors, closet systems, and specialty glass and metal products. Griffon aims to position itself as a leader in providing solutions for residential and commercial construction projects, capitalizing on the diverse needs of the building and design industry.
Griffon Corporation's management approach involves actively participating in the strategic direction of its subsidiaries while fostering a culture of innovation and operational excellence. The company seeks to identify growth opportunities within its existing portfolio and explore acquisitions that align with its overall business strategy.