NYSE:GFFBuilding
Griffon Refocuses On North American Building Products And Shareholder Returns
Griffon (NYSE:GFF) is repositioning as a pure-play North American building products company.
The company formed a joint venture for AMES North America and exited its UK and Australian operations.
Management is pairing this focus with product development efforts and actions on dividends and share buybacks.
For you as an investor, this refocus centers Griffon on a single region and core building products activities, rather than a mix of international operations. It follows an industry pattern...