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Griffon Corporation is a diversified management and holding company founded in 1959. The company’s portfolio of businesses encompasses home and building products, telecommunications systems, specialty chemicals and water filtration systems. Griffon’s operations are conducted through four business segments – Home & Building Products, Telephonics Corporation, Clopay Building Products Company, and ClosetMaid Corporation. Home & Building Products primarily manufactures door-opening solutions for the residential repair/remodel, construction new build markets; Telephonics designs aerial surveillance systems for defense departments worldwide; Clopay produces garage doors and entry doors made of steel as well as manufactured wood; while ClosetMaid offers custom storage solutions to consumers via retail stores across the U.S., Canada and Australia. Griffon distributes its products through discount retailers (Home Depot), original equipment manufacturers (OEMs), hardware wholesalers/retailers/distributors as well as online channels. In 2015 revenues totaled approximately $1 billion generated from domestic sales along with exports to Europe, Asia Pacific rim countries among other regions around the world.