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Carlisle Companies

From Wikipedia, the free encyclopedia
Carlisle Companies Incorporated
Company typePublic
NYSE: CSL
S&P 400 Component
IndustryCommercial roofing, insulation, metal roofing, building envelope systems, air barriers, waterproofing.
Founded1917; 107 years ago (1917)
Headquarters
Scottsdale, AZ
,
United States
Key people
D. Christian Koch President, CEO

Kevin Zdimal VP, CFO

Scott Selbach VP, General Counsel
Revenue$4.586 Billion (2023)
$767.4 Million (2023)[1]
Number of employees
5,000
Websitecarlisle.com

Carlisle Companies Incorporated is a supplier of construction products that make buildings more energy efficient and resilient. The company manufactures and sells single-ply roofing products as well as warranted systems and accessories for the commercial building industry. The company is organized into two segments, including Carlisle Construction Materials and Carlisle Weatherproofing Technologies. The company's product portfolio includes moisture protection products, protective roofing underlayments, integrated air and vapor barriers, spray polyurethane foam and coating systems, and others. The majority of the company's revenue comes from the Carlisle Construction Materials segment, and more than half of the total revenue is earned in the United States.[2]

Early History

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1917-1999

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Carlisle Companies (NYSE: CSL) was founded in 1917 in Carlisle, Pennsylvania. In its early years the company gained scale as a key player in the tire market and pursued a holding company strategy to become a large diversified industrial company by the end of the 20th century.

Key Milestones By Decade

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Source:[3]

1940's: Carlisle began manufacturing specialty tires for the agricultural and construction industries.

1960's: The company expanded into the aerospace industry, providing products and services to major aerospace manufacturers.

1980's: Carlisle made significant acquisitions in the construction materials industry, adding roofing and waterproofing products to its catalogue.

1990's: The company continued to expand its presence in various industries, including fluid handling, brake and friction, and food service.

Modern History

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2000-Present Day

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In 2019, Carlisle acquired MicroConnex, a flex circuit manufacturer in Snoqualmie, Washington, as well as Providien LLC, a medical device manufacturer in San Diego, California, and incorporated them into CIT to increase the company's exposure to the medical technology market.[4][5]

In 2021, Carlisle acquired Henry Company, a provider of building envelope systems (air barriers and waterproofing) for residential and commercial construction.[6]

Notable Acquisitions

Accella - November 2017[7]

Henry Company (Henry) - September 2021[8]

MTL Holdings (MTL) - May 2024[9]

Notable Divestures

Carlisle Food Service (CFS) - February 2018

Carlisle Brake & Friction (CBF) - August 2021[10]

Carlisle Interconnect Technologies (CIT) - May 2024[11]

See also

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References

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  1. ^ "Carlisle Companies Reports Fourth Quarter Results".
  2. ^ "Carlisle Companies Overview".
  3. ^ "Carlisle Companies Incorporated (CSL)". Retrieved 10 June 2024.
  4. ^ "Carlisle Companies to Acquire MicroConnex". Business Wire. Retrieved March 22, 2024.
  5. ^ "Carlisle Companies to Acquire Providien". Business Wire. Retrieved March 22, 2024.
  6. ^ "Carlisle Companies Acquires Henry Company". Retrieved 26 July 2021.
  7. ^ "Carlisle Construction Materials Completes Acquisition of Accella Performance Materials". Retrieved 1 November 2017.
  8. ^ "Carlisle Companies Acquires Henry Company". Retrieved 26 July 2021.
  9. ^ "MTL Holdings Joins Carlisle Companies". Retrieved 24 December 2021.
  10. ^ "Carlisle Companies Completes Sale of Carlisle Brake & Friction". Retrieved 24 December 2021.
  11. ^ "Carlisle Companies Completes Sale of Carlisle Brake & Friction". Retrieved 21 May 2024.
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