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Last $19.99 USD
Change Today -0.09 / -0.45%
Volume 92.7K
ROCK On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 5:20 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

3556 Lake Shore Road

PO Box 2028

Buffalo, NY 14219

United States

Phone: 716-826-6500

Fax:

Gibraltar Industries, Inc. engages in the manufacture and distribution of products that provide structural and architectural enhancements for residential homes, low-rise retail, other commercial and professional buildings, industrial plants, bridges and other structures. Segments The company operates in the following two segments, ‘Residential Products’ and ‘Industrial and Infrastructure Products’. Products Residential Products The Residential Products segment focuses on the new residential housing construction and residential repair and remodeling activity. Its products are sold through major retail home centers, building material wholesalers, buying groups, roofing distributors, and residential contractors. The company’s product offerings include a full line of roof and foundation ventilation products and accessories, including solar powered units; postal and parcel storage products, including single mailboxes, cluster boxes for multi-unit housing and package delivery systems; roof edging and flashing; soffits and trim; drywall corner bead; metal roofing and accessories; and rain dispersion products, including gutters and accessories; and exterior retractable awnings; each of which could be sold separately or as an integral part of a program sale. New products include roof top safety kits, chimney caps, heat trace coils and exterior, remote-controlled deck awnings for sun protection, and solar-powered ventilation products. The company’s building products are manufactured primarily from galvanized and painted steel, anodized and painted aluminum, and various resins. Industrial and Infrastructure Products The Industrial and Infrastructure Products segment is primarily a manufacturer and distributor of metal products used in various end markets, such as discrete and process manufacturing, highway and bridge construction, energy and mining. The company manufactures products that are sold through a sales channels, including industrial, commercial and transportation contractors and industrial fabricators. The company’s product offerings include a line of fabricated bar grating and safety plank grating used in industrial flooring, walkways, stairs, platforms, safety barriers, drainage covers, and ventilation grates; expanded and perforated metal used in walkways, catwalks, automotive systems, shelving, fencing, barriers, and other applications where both visibility and security are necessary; fiberglass grating used in areas where high strength, light weight, low maintenance, and corrosion resistance are required; and expansion joint systems, bearing assemblies, and pavement sealing systems used in bridges, elevated highways, airport runways, and rail crossings. The company also offers customized perforated and expanded metal to penetrate a range of new markets, such as architectural facades for buildings (museums, sports stadiums and retail outlets); front grilles for a major truck tractor manufacturer; interior ceilings and lighting fixtures; and outdoor railings and balustrades. In addition, the company has extended its transportation infrastructure products into new markets. Long-lasting pavement sealants for roadways are being installed on airport runways; structural bearings for elevated highways and bridges have been installed on an offshore oil production platform; and corrosion-protection products for cable-suspension bridges are marketed and sold internationally. The company’s production capabilities allow the company to process a range of metals necessary for manufacturing industrial products. Most of its production is completed using computer numerical control ‘CNC’ machines, shears, slitters, press brakes, milling, welding, and various automated assembly machines. Sales and Marketing The company’s products and services are sold primarily by channel partners who are called on by its sales personnel and outside sales representatives located throughout the United States, Canada, and Europe. Customers and Distribution The company The Residential Products segment operates principally in the residential new construction and repair and remodeling markets. The Industrial and Infrastructure Products segment serves various commercial construction and industrial markets; bridge and highway construction markets; and various industrial markets. A majority of its products are sold through sales channels. Its major customers include home improvement retailers, building product distributors, and residential contractors. Discrete and process manufacturers, transportation contractors and automotive suppliers are major customers in its Industrial and Infrastructure Products segment. Seasonality The company’s net sales and income are lower in the first and fourth quarters compared to the second and third quarters primarily due to the seasonality of construction activity. The company’s sales volume is driven by residential renovation and other industrial construction activities which peak during warmer weather and decline due to inclement weather in the winter months. History Gibraltar Industries, Inc. was founded in 1993.

 

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