Plastic resins, such as polyethylene and polypropylene, and non-woven fabrics
are the basic raw materials used in the manufacture of substantially all PPC products.
The price of resin has fluctuated dramatically over the past five years primarily
due to volatility in oil and natural gas prices, foreign exchange and producer
capacity. PPC customer contracts generally provide for adjusting selling prices
based on underlying resin costs on a delayed basis. Resins are purchased in pellet
form from several suppliers. Sources for raw materials are believed to be adequate
for current and anticipated needs.
The principal raw material used in CBP’s manufacturing is galvanized
steel. CBP also utilizes certain hardware components, as well as wood and insulated
foam. All raw materials are generally available from a number of sources.
AMES primary raw material inputs include resin (primarily polypropylene and
high density polyethylene), wood (mainly ash, hickory and poplar logs) and steel
(hot rolled and cold rolled). In addition, some key materials and components
are purchased, such as heavy forged components and wheelbarrow tires; most final
assembly is completed internally in order to ensure consistent quality. All
raw materials are generally available from a number of sources.
Griffon's Comment on Supply Chain
Plastic resins, such as polyethylene and polypropylene, and non-woven fabrics
are the basic raw materials used in the manufacture of substantially all PPC products.
The price of resin has fluctuated dramatically over the past five years primarily
due to volatility in oil and natural gas prices, foreign exchange and producer
capacity. PPC customer contracts generally provide for adjusting selling prices
based on underlying resin costs on a delayed basis. Resins are purchased in pellet
form from several suppliers. Sources for raw materials are believed to be adequate
for current and anticipated needs.
The principal raw material used in CBP’s manufacturing is galvanized
steel. CBP also utilizes certain hardware components, as well as wood and insulated
foam. All raw materials are generally available from a number of sources.
AMES primary raw material inputs include resin (primarily polypropylene and
high density polyethylene), wood (mainly ash, hickory and poplar logs) and steel
(hot rolled and cold rolled). In addition, some key materials and components
are purchased, such as heavy forged components and wheelbarrow tires; most final
assembly is completed internally in order to ensure consistent quality. All
raw materials are generally available from a number of sources.
Sources:
Griffon Corporation's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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