Carlisle Companies
June 11, 2025 - 6:09 pm
Business Profile
Carlisle Companies is a diversified company into manufacturing comprising of nine operating unit / companies. These all companies work under one umbrella and manufacture & distribute broad range of products. The Company currently has approximately 11,000 employees.
Carlisle i.e. Carlisle Companies Incorporated was formed in 1986 in Delaware. It was formed as a holding company of Carlisle and its fully owned subsidiaries. Its operation started in 1917 as Carlisle Corporation, whose operations began in 1917.
The company is listed in New York Stock Exchange. The net sales of the company were $2.57 billion for the fiscal year ended on December 31, 2006. This was an increase of 17% or $365.5 million from net sales of $2.21 billion in fiscal year 2005. In year 2006, the net income was $106.4 million, which is 34% higher than that of $79.6 million net income in year 2004. The Company incurred $15.1 million expense due to research and development from continuing operations in fiscal year 2006 which is lesser as compared to $15.4 million in 2005.
The company acquired the brake shoe and heavy-duty brake lining assets of Zhejiang Kete (“Kete”) for approximately $34.2 million in year 2005 – 06. In October’05, the Company went for acquiring assets related to off-highway of ArvinMeritor, Inc. for value of approximately $39.0 million.
The company sold all of its business operation which was part of Carlisle Systems & Equipment in year 2006. The business consisted of Walker Stainless Equipment, Carlisle Process Systems, Walker Transportation and CPS Pharma.
From effective end of September 2006, the company has formed following five financial segments for reporting purpose.
Construction Materials
The Construction Materials segment is one of the prominent business segment of company. It includes the construction materials operation which manufactures & sells FleeceBACK®, EPDM Rubber and TPO (thermoplastic polyolefin) system for roofing non-residential low-slope roofs. Also the segments markets and sells PVC (Poly Vinyl Chloride) membrane and it purchases accessories form 3rd party.
The segment also manufactures and distributes rigid energy-efficient foam panels for all roofing use. It has manufacturing facilities located across the United States which is its primary market. In 2005, the segment announced the setting-up of new insulation facilities in Smithfield, PA and Tooele, UT. These new facilities are in addition to existing insulation operations in Franklin Park, IL, Kingston, NY, Terrell, TX and Lake City, FL. EPDM operations are situated in Greenville, IL and Carlisle, PA. The raw material include carbon black, EPDM polymer, processing oils, TPO polymer, asphalt, solvents, polyol, MDI, black facer, polyester fabric, OSB clay and cardboard with other metal cans & boxes for packaging.
The construction materials segment caters to diverse and large customer base, however no single customer represents more than 10% of revenue in this segment in 2006.
Industrial Components
This segment of business comprises of businesses like wheel, tire and power transmission belt. The wheel and tire business manufactures & sells non-automotive rubber tires, bias-ply and stamped & roll-formed steel wheels. The channel of sales of these products are direct sales people which cater to OEMs (Original Equipment Manufacturers), distributors and mass merchandisers with focus on the U.S. and Canada market. The business serves industries which include garden and lawn, outdoor power units’ dealer, all-terrain vehicles, trailer, agriculture, golf cart and other related after-markets. The segment also sells styled wheels to automotive aftermarket.
The part of segment which is into power transmission belt supplies industrial belts and components to OEMs, wholesalers, distributors with prime focus on US and Canada market. The segment caters to businesses like garden and lawn, home appliances, fitness, agriculture, power sports, recreational vehicles and related after sales market.
For both businesses, the manufacturing facilities are located in the United States and in Shenzhen, China.
Both businesses have several significant OEM customers however no customer contributes to more than 10% of segment sales in 2006.
Transportation Products
This segment comprises business of specialty trailer. In this truck trailers catering to variety of markets is manufactured and sold. The sales can be categorized as:
• Construction— It includes equipments used by contractors like open-deck trailers or by rental companies.
• Material hauling— It includes variety of dump trailer like side-dumps, steel bottom-dumps, live-bottoms, end-dumps, aluminum material end dump and pneumatically controlled bulk-tank trailers
• Specialized— It includes large-capacity customized trailers for specific type of hauling and multi-unit trailers.
• Commercial— It includes trailers used by truckers for general freight and over-the-road hauling.
Major customers are dealers, end-users like rental companies, heavy-haulers, waste haulers and national accounts. Business has several diverse customers however no customer contributes to more than 10% of segment sales in 2006.
Specialty Products
This includes off-highway and on-highway system for motion control. On-highway items include brake shoes and disc linings, heavy-duty friction blocks, relining and brake shoe remanufacturing for trucks of class 6, 7 & 8. Off-highway items include friction products, braking systems, and system related to brake actuation for on-highway vehicles used for towing. This business has manufacturing units in the United States
No customer accounts for higher than 10% of sales in this segment for year 2006.
General Industry
This segment includes food service business, wire and cable business and refrigerated truck business. The company distributes its product through four distribution centers, which are located in Oklahoma City, OK, Charlotte, NC, OK, Zevenaar, The Netherlands and Reno NV to channel partners like distributors, dealers and wholesalers. The segment has manufacturing facilities in Mexico and the United States and Mexico with sales in Europe and North America. Every business in the segment has various customers in 2006; however no customer contributes more than 11% of sales in this segment for year 2006.
