Carlisle Companies

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Carlisle Companies Incorporated
Company typePublic
NYSE: CSL
S&P 500 Component
IndustryCommercial roofing, insulation, metal roofing, building envelope systems, air barriers, waterproofing, construction.
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 and 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[edit]

1917-1929[edit]

1917: Carlisle Tire and Rubber Company, the precursor to Carlisle Companies Incorporated, began operations on September 12, 1917. Charles S. Moomy, founder of Carlisle, had been working for his father at the Keystone Rubber Company in Erie, Pennsylvania. By 1917, Moomy had saved enough money to buy $4,000 in machinery and had an agreement from Montgomery Ward & Company to buy bicycle inner tubes. Moomy found a partner in James T. Johnstone, a New York rubber broker, who invested $30,000.

1926: Carlisle Tire and Rubber Company launched the country's first commercially extruded and fully molded inner tube. Within a few years, other tire companies were following Carlisle's technical lead.

1928: Carlisle was producing 10,000 inner tubes per day, becoming a prominent player in the industry.

1929: Carlisle Tire and Rubber Company reached an employment level of 388 employees.

Modern History[edit]

2000-Present Day[edit]

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.[3][4]

Notable Acquisitions

Accella - November 2017[5]

Henry Company (Henry) - September 2021[6]

MTL Holdings (MTL) - May 2024[7]

Notable Divestures

Carlisle Food Service (CFS) - February 2018

Carlisle Brake & Friction (CBF) - August 2021[8]

Carlisle Interconnect Technologies (CIT) - May 2024[9]

See also[edit]

References[edit]

  1. ^ "Carlisle Companies Reports Fourth Quarter Results".
  2. ^ "Carlisle Companies Overview".
  3. ^ "Carlisle Companies to Acquire MicroConnex". Business Wire. Retrieved March 22, 2024.
  4. ^ "Carlisle Companies to Acquire Providien". Business Wire. Retrieved March 22, 2024.
  5. ^ "Carlisle Construction Materials Completes Acquisition of Accella Performance Materials". Retrieved 1 November 2017.
  6. ^ "Carlisle Companies Acquires Henry Company". Retrieved 26 July 2021.
  7. ^ "MTL Holdings Joins Carlisle Companies". Retrieved 24 December 2021.
  8. ^ "Carlisle Companies Completes Sale of Carlisle Brake & Friction". Retrieved 24 December 2021.
  9. ^ {{cite web |title=Carlisle Companies Completes Sale of Carlisle Interconnect Technologies |url="Carlisle Companies Completes Sale of Carlisle Brake & Friction". Retrieved 21 May 2024.

External links[edit]

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