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AMES

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uuid000afte

Namestring
AMES
Legal namestring
The AMES Companies, Inc.
Websiteurl
ames.com
Company typeenum
Private
Founded yearint
1774
Descriptiontext

The AMES Companies, Inc. is a U.S.-incorporated, Orlando-headquartered multi-brand consumer goods company that designs, sources, and distributes hand tools, home organization systems, lawn and garden equipment, outdoor living products, and cleaning tools under eight sub-brands: AMES, ClosetMaid, Jackson Professional Tools, Razor-Back Professional Tools, True Temper, Union Tools, Harper, and Southern Patio. The portfolio spans modular wood and wire closet organizers, ergonomic garden hand tools, professional-grade landscaping implements, resin planters, and residential/commercial cleaning tools. Underlying operations rely on physical manufacturing and global sourcing rather than proprietary software or AI, with a digital layer consisting of a D2C e-commerce storefront (homebyames.com), bilingual Canadian support, dedicated B2B professional portals (ClosetMaid Pro, CustomClosetMaid), and an eNet partner portal for retailers, dealers, and sales reps.

The company operates through three go-to-market motions: D2C e-commerce to homeowners and DIY consumers, a dedicated professional sales team serving architects, designers, builders, and specifiers through B2B portals, and a global retailer/dealer network accessed via the eNet portal. Revenue is generated almost entirely through unit-priced hardware sales across both B2C and B2B channels, with quote-based pricing for professional/project orders. AMES is a wholly-owned subsidiary of Griffon Corporation (NYSE: GFF); in February–June 2026, Griffon restructured its portfolio by forming the Veritage Brands joint venture with ONCAP to combine AMES North America with Venanpri Tools (Griffon 43% / ONCAP 57%, with $100M cash and $161M second lien debt to Griffon), announced the exit of AMES UK, and placed AMES Australia under strategic alternatives review as part of a pivot to a pure-play North American building products company. AMES employs 1,001–5,000 people, serves markets across North and South America and Europe, and traces its origins to 1774.

Short descriptiontext

AMES is a multi-brand U.S. consumer goods company (subsidiary of Griffon Corporation) that designs, sources, and distributes hand tools, home organization systems, lawn and garden equipment, outdoor living products, and cleaning tools to homeowners, DIY consumers, building professionals, and retail dealers through D2C e-commerce, B2B portals, and a global dealer network.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersOrlando, United States
HQ citystring
Orlando
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
home organization products, lawn and garden tools, outdoor living decor, cleaning tools and supplies, professional landscaping tools
NAICS code1 code
  • Lawn and Garden Equipment and Supplies Retailers4442
Product category
Home Improvement Products
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model4 records
1Hardware and Tools Sales
TypeHardware Sales
Description

Revenue generated from selling hand tools, lawn and garden equipment, professional tools, and related hardware through B2C and B2B channels

homebyames.com
2Home Organization Products
TypeHardware Sales
Description

Sales of ClosetMaid home organization systems including closets, garage storage, cubes, bins, kitchen storage, and furniture

homebyames.com
3Outdoor Living Products
TypeHardware Sales
Description

Revenue from Southern Patio outdoor decor, planters, baskets, and outdoor accessories

homebyames.com
4Cleaning Products
TypeHardware Sales
Description

Sales of Harper brand brooms, brushes, dust pans, squeegees, mops, and combo packs for residential and commercial cleaning

homebyames.com
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Marketing or Sales, Personnel, Infrastructure
Pricing details1 tier
1Consumer e-commerce pricing
ModelUnit PricingBilling cadencePay-as-you-go
Notes

Individual product pricing available on homebyames.com for consumers; prices vary by product category

homebyames.com
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 7 records shown
1ClosetMaid
Description

Home organization products including closet storage, garage storage, cube storage, kitchen storage, and furniture

homebyames.com
+6 more records
Core offering1 text field

AMES is a multi-brand consumer goods company that designs, manufactures, and distributes home organization systems (ClosetMaid), lawn and garden tools (AMES, Jackson Professional Tools, Razor-Back, True Temper, Union Tools), outdoor living products (Southern Patio), and cleaning tools (Harper). The company sells through direct-to-consumer e-commerce, professional B2B portals, and a network of retailers and dealers.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

AMES is a multi-brand consumer goods company specializing in home organization, lawn and garden tools, outdoor living, and cleaning products. The portfolio consists of eight distinct sub-brands: ClosetMaid (home organization and closet systems), AMES (lawn and garden hand tools), Jackson Professional Tools (professional-grade outdoor tools), Razor-Back Professional Tools (heavy-duty professional implements), True Temper (long-handle tools), Harper (cleaning tools), Union Tools (general tools), and Southern Patio (outdoor planters and decor). These brands operate under the Home by AMES consumer-facing platform and are supported by an B2B portal (eNet) for dealers, retailers, and sales representatives. Recent strategic actions include forming a joint venture (Veritage Brands) with ONCAP to combine AMES North America with Venanpri Tools, creating a global hand tools, home organization, and lawn/garden products company, while Griffon Corporation positions itself as a pure-play North American building products company.

Product and service13 records
1ClosetMaid Home Organization Systems
CategoryHome Organization
Description

Modular home organization and closet storage systems including wood closet organizers, garage storage solutions, cube storage, and kitchen pantry organization for homeowners and professionals.

2AMES Lawn and Garden Tools
CategoryLawn and Garden
Description

Lawn and garden hand tools, garden implements, and outdoor maintenance equipment for DIY homeowners and gardening enthusiasts.

3Jackson Professional Tools
CategoryProfessional Landscaping Tools
Description

Professional-grade lawn and garden tools built for heavy-duty landscaping and grounds maintenance use by professional contractors.

4Razor-Back Professional Tools
CategoryProfessional Landscaping Tools
Description

Heavy-duty professional implements and tools designed for demanding outdoor and landscaping applications by professional contractors.

5True Temper Lawn and Garden Tools
CategoryLawn and Garden
Description

Established brand of long-handle tools and implements for lawn, garden, and outdoor use by homeowners and professionals.

6Harper Cleaning Tools
CategoryCleaning Products
Description

Cleaning tools including brooms, brushes, dust pans, squeegees, and mops for residential and commercial cleaning applications.

7Union Tools
CategoryLawn and Garden
Description

Range of lawn, garden, and outdoor maintenance implements for homeowners and professional users.

8Southern Patio Outdoor Living Products
CategoryOutdoor Living
Description

Outdoor living products including planters, outdoor decor, outdoor accessories, and garden containers for residential outdoor spaces.

9ClosetMaid Mosaics Collection
CategoryHome Organization
Description

Modular wood closet organizer system with mix-and-match stackable components available in Toasted Oak and White finishes for residential closet organization.

10AMES 3-pc. Ergo Gel Grip Garden Tool Set
CategoryLawn and Garden
Description

Ergonomic three-piece garden hand tool set including hand trowel, transplanter, and cultivator with gel grip handles for residential gardening.

11ClosetMaid Suite Symphony
CategoryHome Organization
Description

Premium wood closet organization system with configurable starter kits and accessories for residential closet installations.

12Harper Premium Push Brooms
CategoryCleaning Products
Description

Indoor and outdoor wet and dry push brooms designed for debris cleanup in residential and commercial settings.

13Heritage Resin Planter
CategoryOutdoor Living
Description

18-inch resin outdoor planter with decorative finishes such as Climbing Ivy, designed for residential outdoor living spaces.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Recent move9 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Fiskars is a multi-brand consumer products company with leading positions in hand tools (Fiskars scissors/axes) and garden tools — most directly comparable to AMES/True Temper/Razor-Back and Jackson Professional Tools lawn & garden lines.

TypeBroad incumbent
Description

Newell owns Rubbermaid, a direct competitor to ClosetMaid in home storage and organization, alongside a much broader consumer goods portfolio (Yankee Candle, Sharpie, Graco) that creates competitive overlap on retail shelf and supply chain.

TypeBroad incumbent
Description

Owner of Craftsman, Stanley, and DeWalt — a dominant tools incumbent whose product lines directly overlap with AMES, Razor-Back, and Union Tools in both DIY and professional hand-tool categories.

TypeDirect peer
Description

Toro manufactures and sells lawn and garden equipment through both consumer and professional channels — a classic peer for AMES's True Temper, Razor-Back, Jackson, and Union Tools lawn & garden portfolio.

TypeBroad incumbent
Description

Global outdoor products incumbent covering robotic mowers, chainsaws, and watering — overlaps meaningfully with AMES's lawn & garden tool categories and shares the same big-box retail channels.

TypeDirect peer
Description

Scotts is a leading consumer lawn and garden products company with similar end-customers (DIY homeowners) and a comparable big-box and garden-center go-to-market motion as AMES's lawn & garden sub-brands.

TypeDirect peer
Description

O-Cedar is a leading consumer brand for brooms, mops, and squeegees — a direct head-to-head competitor to AMES's Harper cleaning tools line in U.S. mass retail.

TypeDirect peer
Description

Family-owned U.S. manufacturer of brooms, brushes, and mops — competes against AMES Harper brand for shelf space in mass, club, and grocery channels.

TypeDirect peer
Description

Seville Classics sells storage racks, shelving, and home organization systems — a direct D2C and retail competitor to ClosetMaid's modular closet, garage, and cube storage lines.

TypeDirect peer
Description

Myers Industries/Akro-Mils manufactures plastic storage, organization, and material-handling products that overlap with ClosetMaid's cube, bin, and garage storage offerings in both retail and B2B channels.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

AMES

Home Improvement Productsames.com

AMES is a multi-brand U.S. consumer goods company (subsidiary of Griffon Corporation) that designs, sources, and distributes hand tools, home organization systems, lawn and garden equipment, outdoor living products, and cleaning tools to homeowners, DIY consumers, building professionals, and retail dealers through D2C e-commerce, B2B portals, and a global dealer network.

What AMES does

The AMES Companies, Inc. is a U.S.-incorporated, Orlando-headquartered multi-brand consumer goods company that designs, sources, and distributes hand tools, home organization systems, lawn and garden equipment, outdoor living products, and cleaning tools under eight sub-brands: AMES, ClosetMaid, Jackson Professional Tools, Razor-Back Professional Tools, True Temper, Union Tools, Harper, and Southern Patio. The portfolio spans modular wood and wire closet organizers, ergonomic garden hand tools, professional-grade landscaping implements, resin planters, and residential/commercial cleaning tools. Underlying operations rely on physical manufacturing and global sourcing rather than proprietary software or AI, with a digital layer consisting of a D2C e-commerce storefront (homebyames.com), bilingual Canadian support, dedicated B2B professional portals (ClosetMaid Pro, CustomClosetMaid), and an eNet partner portal for retailers, dealers, and sales reps.

The company operates through three go-to-market motions: D2C e-commerce to homeowners and DIY consumers, a dedicated professional sales team serving architects, designers, builders, and specifiers through B2B portals, and a global retailer/dealer network accessed via the eNet portal. Revenue is generated almost entirely through unit-priced hardware sales across both B2C and B2B channels, with quote-based pricing for professional/project orders. AMES is a wholly-owned subsidiary of Griffon Corporation (NYSE: GFF); in February–June 2026, Griffon restructured its portfolio by forming the Veritage Brands joint venture with ONCAP to combine AMES North America with Venanpri Tools (Griffon 43% / ONCAP 57%, with $100M cash and $161M second lien debt to Griffon), announced the exit of AMES UK, and placed AMES Australia under strategic alternatives review as part of a pivot to a pure-play North American building products company. AMES employs 1,001–5,000 people, serves markets across North and South America and Europe, and traces its origins to 1774.

AMES firmographics

Firmographics
Name
AMES
Legal name
The AMES Companies, Inc.
Website
https://ames.com
Company type
Private
Founded year
1774
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
AMES is a multi-brand U.S. consumer goods company (subsidiary of Griffon Corporation) that designs, sources, and distributes hand tools, home organization systems, lawn and garden equipment, outdoor living products, and cleaning tools to homeowners, DIY consumers, building professionals, and retail dealers through D2C e-commerce, B2B portals, and a global dealer network.
Ownership category
akta.pro rank

Where AMES is headquartered

Location

Headquarters

HQ city
Orlando
HQ country
United States
HQ region
North America

Markets served

AMES business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Marketing or Sales, Personnel, Infrastructure

Revenue model

  1. Hardware and Tools Sales: Revenue generated from selling hand tools, lawn and garden equipment, professional tools, and related hardware through B2C and B2B channels
  2. Home Organization Products: Sales of ClosetMaid home organization systems including closets, garage storage, cubes, bins, kitchen storage, and furniture
  3. Outdoor Living Products: Revenue from Southern Patio outdoor decor, planters, baskets, and outdoor accessories
  4. Cleaning Products: Sales of Harper brand brooms, brushes, dust pans, squeegees, mops, and combo packs for residential and commercial cleaning

Pricing tiers

ModelBillingPrice
Unit PricingPay-as-you-goConsumer e-commerce pricing

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

AMES product offering

Product offering

Core offering

AMES is a multi-brand consumer goods company that designs, manufactures, and distributes home organization systems (ClosetMaid), lawn and garden tools (AMES, Jackson Professional Tools, Razor-Back, True Temper, Union Tools), outdoor living products (Southern Patio), and cleaning tools (Harper). The company sells through direct-to-consumer e-commerce, professional B2B portals, and a network of retailers and dealers.

Product overview

AMES is a multi-brand consumer goods company specializing in home organization, lawn and garden tools, outdoor living, and cleaning products. The portfolio consists of eight distinct sub-brands: ClosetMaid (home organization and closet systems), AMES (lawn and garden hand tools), Jackson Professional Tools (professional-grade outdoor tools), Razor-Back Professional Tools (heavy-duty professional implements), True Temper (long-handle tools), Harper (cleaning tools), Union Tools (general tools), and Southern Patio (outdoor planters and decor). These brands operate under the Home by AMES consumer-facing platform and are supported by an B2B portal (eNet) for dealers, retailers, and sales representatives. Recent strategic actions include forming a joint venture (Veritage Brands) with ONCAP to combine AMES North America with Venanpri Tools, creating a global hand tools, home organization, and lawn/garden products company, while Griffon Corporation positions itself as a pure-play North American building products company.

Differentiator

Problem solved

Functional benefit

Brands

  • ClosetMaid: Home organization products including closet storage, garage storage, cube storage, kitchen storage, and furniture
  • Harper
  • Jackson Professional Tools
  • Razor-Back Professional Tools
  • Southern Patio
  • True Temper
  • Union Tools

Products and services

  • ClosetMaid Home Organization Systems Modular home organization and closet storage systems including wood closet organizers, garage storage solutions, cube storage, and kitchen pantry organization for homeowners and professionals.
  • AMES Lawn and Garden Tools Lawn and garden hand tools, garden implements, and outdoor maintenance equipment for DIY homeowners and gardening enthusiasts.
  • Jackson Professional Tools Professional-grade lawn and garden tools built for heavy-duty landscaping and grounds maintenance use by professional contractors.
  • Razor-Back Professional Tools Heavy-duty professional implements and tools designed for demanding outdoor and landscaping applications by professional contractors.
  • True Temper Lawn and Garden Tools Established brand of long-handle tools and implements for lawn, garden, and outdoor use by homeowners and professionals.
  • Harper Cleaning Tools Cleaning tools including brooms, brushes, dust pans, squeegees, and mops for residential and commercial cleaning applications.
  • Union Tools Range of lawn, garden, and outdoor maintenance implements for homeowners and professional users.
  • Southern Patio Outdoor Living Products Outdoor living products including planters, outdoor decor, outdoor accessories, and garden containers for residential outdoor spaces.
  • ClosetMaid Mosaics Collection Modular wood closet organizer system with mix-and-match stackable components available in Toasted Oak and White finishes for residential closet organization.
  • AMES 3-pc. Ergo Gel Grip Garden Tool Set Ergonomic three-piece garden hand tool set including hand trowel, transplanter, and cultivator with gel grip handles for residential gardening.
  • ClosetMaid Suite Symphony Premium wood closet organization system with configurable starter kits and accessories for residential closet installations.
  • Harper Premium Push Brooms Indoor and outdoor wet and dry push brooms designed for debris cleanup in residential and commercial settings.
  • Heritage Resin Planter 18-inch resin outdoor planter with decorative finishes such as Climbing Ivy, designed for residential outdoor living spaces.

Companies that use AMES

Customer profile

Segments3 records

Ideal customer profiles3 records

AMES technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

AMES partnerships and signals

Strategic signal

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

AMES competitors and assessment

Company assessment

Direct peers

  • Fiskars Group: Fiskars is a multi-brand consumer products company with leading positions in hand tools (Fiskars scissors/axes) and garden tools — most directly comparable to AMES/True Temper/Razor-Back and Jackson Professional Tools lawn & garden lines.
  • The Toro Company: Toro manufactures and sells lawn and garden equipment through both consumer and professional channels — a classic peer for AMES's True Temper, Razor-Back, Jackson, and Union Tools lawn & garden portfolio.
  • The Scotts Miracle-Gro Company: Scotts is a leading consumer lawn and garden products company with similar end-customers (DIY homeowners) and a comparable big-box and garden-center go-to-market motion as AMES's lawn & garden sub-brands.
  • O-Cedar (Freudenberg Home & Cleaning Solutions): O-Cedar is a leading consumer brand for brooms, mops, and squeegees — a direct head-to-head competitor to AMES's Harper cleaning tools line in U.S. mass retail.
  • The Libman Company: Family-owned U.S. manufacturer of brooms, brushes, and mops — competes against AMES Harper brand for shelf space in mass, club, and grocery channels.
  • Seville Classics: Seville Classics sells storage racks, shelving, and home organization systems — a direct D2C and retail competitor to ClosetMaid's modular closet, garage, and cube storage lines.
  • Myers Industries (Akro-Mils): Myers Industries/Akro-Mils manufactures plastic storage, organization, and material-handling products that overlap with ClosetMaid's cube, bin, and garage storage offerings in both retail and B2B channels.

Broad incumbents

  • Newell Brands: Newell owns Rubbermaid, a direct competitor to ClosetMaid in home storage and organization, alongside a much broader consumer goods portfolio (Yankee Candle, Sharpie, Graco) that creates competitive overlap on retail shelf and supply chain.
  • Stanley Black & Decker: Owner of Craftsman, Stanley, and DeWalt — a dominant tools incumbent whose product lines directly overlap with AMES, Razor-Back, and Union Tools in both DIY and professional hand-tool categories.
  • Husqvarna Group: Global outdoor products incumbent covering robotic mowers, chainsaws, and watering — overlaps meaningfully with AMES's lawn & garden tool categories and shares the same big-box retail channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

AMES social profiles

Digital presence

AMES financial estimates

Financial estimate

Revenue estimate

Valuation estimate

AMES leadership team

Management profile

Number of profiles

Profiles1 record

AMES subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

AMES funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

AMES M&A and investment

M&A and investment

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AMES

What does AMES do?

AMES is a multi-brand consumer goods company that designs, manufactures, and distributes home organization systems (ClosetMaid), lawn and garden tools (AMES, Jackson Professional Tools, Razor-Back, True Temper, Union Tools), outdoor living products (Southern Patio), and cleaning tools (Harper). The company sells through direct-to-consumer e-commerce, professional B2B portals, and a network of retailers and dealers.

Is AMES a public or private company?

AMES is a private company. It is classified as private equity controlled and is currently operating.

When was AMES founded?

AMES was founded in 1774. It employs 1,001 to 5,000 people.

Where is AMES based?

AMES is headquartered in Orlando, United States, in the North America region.

How does AMES make money?

Four revenue lines are on record. Hardware and Tools Sales are the primary driver. The others are home Organization Products, outdoor Living Products and cleaning Products.

Who are AMES's main competitors?

Direct peers on record are Fiskars Group, The Toro Company, The Scotts Miracle-Gro Company, O-Cedar (Freudenberg Home & Cleaning Solutions), The Libman Company, Seville Classics and Myers Industries (Akro-Mils). Broad incumbents are Newell Brands, Stanley Black & Decker and Husqvarna Group.

Does AMES have an API?

No public API is recorded for AMES.

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Live signals
MarketScreenerGriffon Proposes $800 Million Private Placement to Pay Off DebtGriffon Corporation proposed an $800 million private placement to pay off existing debt. The company operates in the building products and consumer/professional products sectors, with subsidiaries such as Clopay and brands like AMES and Hunter.StockStoryGFF Q1 Deep Dive: Strategic Refocus and Innovation Amid Market HeadwindsGriffon Corporation reported Q1 CY2026 results with revenue of $421.9 million, down 31% year-on-year but beating analyst estimates of $414.6 million, while non-GAAP EPS of $1.05 beat consensus estimates by 6.3%. The company reconfirmed full-year revenue guidance of $1.8 billion at the midpoint, which came in 9.8% below analyst expectations, and the stock declined following the report as investors reacted to persistent weakness in U.S. housing and commercial construction markets. Griffon is executing a strategic pivot to a pure-play North American building products company, having announced plans to exit its AMES UK business and form a joint venture for AMES North America, while highlighting continued strength in its Clopay garage door segment and implementing price increases to support margins.BenzingaGriffon To Acquire Hunter Fan For $845M - Griffon (NYSE:GFF)The AMES Companies, Inc., a subsidiary of Griffon Corp (NYSE:GFF), has agreed to acquire Hunter Fan Company from MidOcean Partners for $845 million in an all-cash transaction expected to close by January 2022. The acquisition price represents approximately 9.4 times EBITDA and is expected to contribute $400 million in revenue and $90 million in EBITDA while being immediately accretive to earnings by at least $0.50 per share. Griffon CEO Ronald J. Kramer stated the acquisition marks a portfolio repositioning that will accelerate growth and increase shareholder value.PR NewswireThe AMES Companies Supports the Groundbreaking Ceremony for the Tower of Voices at Flight 93 National MemorialThe AMES Companies, a tool manufacturer and wholly owned subsidiary of Griffon Corporation, supported the groundbreaking ceremony for the Tower of Voices at Flight 93 National Memorial on September 11, 2017, donating ceremonial shovels used to officially begin construction on the 93-foot tower. When completed, the tower will contain 40 wind chimes as a memorial to the 40 passengers and crew of Flight 93. AMES has supported the National Park Foundation's efforts for the memorial since 2009 and also collected community donations, notes, and mementos at its manufacturing and distribution locations leading up to the anniversary.