Latest news with #H.B.Fuller
Business Wire
7 days ago
- Business
- Business Wire
Iron Path Capital Announces Partnership with Gougeon Brothers, Inc. as First Investment in Advanced Materials Platform
CHARLOTTESVILLE, Va.--(BUSINESS WIRE)--Iron Path Capital, a private equity firm focused on healthcare and specialty industrials, today announced a growth partnership with Gougeon Brothers, Inc., a leading epoxy manufacturer in the composites and marine end markets. 'Gougeon has a long and storied history as a pioneer and innovator in advanced composite epoxy resin systems for both repair and use in original equipment composite parts manufacturing." Share 'We are delighted to partner with the Gougeon management team to develop and grow their market-leading WEST SYSTEM®, PRO-SET®, and Entropy Resins® epoxy resin systems for making and repairing composite structures,' said Ted Clark, Partner at Iron Path Capital. 'Gougeon has a long and storied history as a pioneer and innovator in advanced composite epoxy resin systems for both repair and use in original equipment composite parts manufacturing. We will continue to build the business through organic and inorganic opportunities in the fast-growing composite materials market.' Family-owned since 1969, Gougeon formulates and manufactures epoxy systems for various applications in the marine, recreational, automotive, aerospace, and industrial composites markets. Gougeon is committed to customer service and technical support in ensuring customers' effective use of its products in repair and original equipment composite structures. Its in-house chemists develop tailored solutions for each application, ensuring quality and performance through their superior strength and excellent handling characteristics. The Company's history is rooted in boat building with the Gougeon brothers pioneering the use of epoxy resin systems in boat construction. In addition to formulating and manufacturing their products, Gougeon is a long-time thought leader in the space and is known for its instructional magazine and online forum (Epoxyworks®), book (The Gougeon Brothers on Boat Construction), and seminars and training sessions including the popular "Glue U" seminar for boat repair. 'The Gougeon Family and the employees of Gougeon Brothers Inc. are thrilled to partner with the team at Iron Path Capital,' said Gougeon CEO Alan Gurski*. 'We chose Iron Path as they share our entrepreneurial spirit, and our commitment to each other, our community, our customers, and to manufacturing the finest products for our markets. We look forward to being a part of the next evolution of GBI.' Ted Clark will serve as Executive Chairman of Gougeon as part of the new advanced materials platform. Clark is an experienced operator in formulated coatings, adhesives and sealants as well as in composites. He previously led Royal Adhesives & Sealants as President and CEO from 2003-2017, which was acquired by H.B. Fuller. Post-acquisition, Clark served as Senior Vice President, Royal Adhesives, then as Executive Vice President and COO of H.B. Fuller before joining Iron Path Capital as a Partner in 2022. Earlier in his career, Mr. Clark also served as President and CEO of PRC-DeSoto International, a producer of coatings and sealants for aircraft. This marks the fifth platform in Iron Path's main strategy. Deriving from the Italian term 'via ferrata,' a fortified route along a challenging Alps climb, Iron Path provides a differentiated private equity experience for founders and management teams, focusing on what drives the greatest impact while building on the company's culture and values to scale swiftly and deliberately, one secure step at a time. From day one, Iron Path Capital works hand-in-hand with management teams to add value through its unique blend of Wall Street capability and Main Street authenticity. Learn more at Gougeon Brothers, Inc. and Iron Path Capital. About Gougeon Holding Company Founded in 1969, Gougeon is a leading formulator, manufacturer and marketer of high-quality two-part epoxy systems and ancillary products. The Company's products include a wide range of epoxy resins, hardeners, fillers, and supplies for the composites, marine, automotive, aerospace, sporting goods, arts and crafts, and other end markets around the world. The Company manufactures WEST SYSTEM® Epoxy, PRO-SET® Epoxy, and Entropy Resins®, distributes PRO-VAC Vacuum Bag Consumables and publishes Epoxyworks® magazine. Gougeon is ISO 9001:2015 registered with primary operations in Bay City, MI. Learn more at About Iron Path Capital Iron Path Capital is an operationally focused private equity firm making lower-middle-market investments across the healthcare and specialty industrial sectors. With offices in Nashville, TN and Charlottesville, VA, Iron Path Capital supports its partners with capital, operating expertise, business development, and industry relationships to achieve significant scale. Iron Path Capital focuses on growing companies with stable cash flows, superior management teams, defensible, scalable business models and multiple vectors for growth, both organic and through consolidation. Learn more at *Mr. Gurski is not a current client of Iron Path Capital, L.P., or an investor in any of its funds and was not provided with compensation for this statement. We are not aware of any material conflicts of interest with him providing this statement resulting from his and Iron Path's relationship.
Yahoo
28-05-2025
- Business
- Yahoo
MITER Brands Wins H.B. Fuller's 2025 Customer Innovation Award
HARRISBURG, Pa., May 28, 2025--(BUSINESS WIRE)--MITER Brands, a leading manufacturer of residential windows and patio doors, was named by H.B. Fuller Company (NYSE: FUL), the largest pureplay adhesives company in the world, as a winner of its 2025 Customer Innovation Awards. The awards honor forward-thinking customers whose innovations, powered by H.B. Fuller's adhesive technology, are setting new standards in sustainability, performance, and efficiency. MITER Brands received the award at H.B. Fuller's global awards program on April 24, 2025, in Minneapolis, Minnesota. "The MITER Brands team is honored to be recognized with the H.B. Fuller Customer Innovation Award," said Mike DeSoto, Chief Operating Officer at MITER Brands. "At MITER Brands, we are driven by a vision to build the most valued window and door brand in America. H.B. Fuller has been an exceptional partner in that journey – bringing not only industry-leading adhesive technologies but also a collaborative spirit that helps us push boundaries, create solutions that continuously improve our products, and raise the bar for performance and efficiency." MITER Brands was awarded for developing new triple-insulating glass units (IGU), which enable lightweight, durable, and energy-efficient windows and doors. Through a collaboration with Corning Incorporated, a world-leading innovator in glass, ceramic, and materials science, MITER Brands created a high-performance glass system that enhances thermal efficiency, reducing heat loss and improving insulation while using the same window and door frames of a dual-pane IGU. The innovation enables lower energy consumption and enhanced indoor comfort, ultimately resulting in a reduced carbon footprint. Dean Ruark, Vice President of Engineering and Innovation at MITER, said the development of its triple insulating glass system stemmed from the company's willingness to solve problems for their customers – problems their competitors believed couldn't be addressed. "Customers wanted lighter, more energy-efficient solutions," Ruark said. "By leveraging Corning's thin, strong glass, we reduced the weight of impact windows and doors for Southern markets by up to 40% and created lighter triple-pane products for Northern climates. The new glass options made our products easier for professionals to handle and install, less effort for homeowners to operate, and more energy efficient." Learn more about MITER Brands at About MITER Brands Founded in 1947, MITER Brands is a residential window and door manufacturer that produces a portfolio of window and door brands for the new construction and replacement segments with an owner-operated, family-first approach. With more than 20 manufacturing facilities throughout the United States, MITER Brands is a nationwide supplier of precision-built and energy-efficient products. Through optimized manufacturing, valued relationships, and dedicated team members coast to coast, MITER Brands instills confidence and drives quality customer experiences. About H.B. Fuller Company As the largest pureplay adhesives company in the world, H.B. Fuller's (NYSE: FUL) innovative, functional coatings, adhesives and sealants enhance the quality, safety and performance of products people use every day. Founded in 1887, with 2024 revenue of $3.6 billion, our mission to Connect What Matters is brought to life by more than 7,500 global team members who collaborate with customers across more than 30 market segments in over 140 countries to develop highly specified solutions that enable customers to bring world-changing innovations to their end markets. Learn more at View source version on Contacts John 862-222-7439
Business Wire
28-05-2025
- Business
- Business Wire
MITER Brands Wins H.B. Fuller's 2025 Customer Innovation Award
HARRISBURG, Pa.--(BUSINESS WIRE)-- MITER Brands, a leading manufacturer of residential windows and patio doors, was named by H.B. Fuller Company (NYSE: FUL), the largest pureplay adhesives company in the world, as a winner of its 2025 Customer Innovation Awards. The awards honor forward-thinking customers whose innovations, powered by H.B. Fuller's adhesive technology, are setting new standards in sustainability, performance, and efficiency. MITER Brands received the award at H.B. Fuller's global awards program on April 24, 2025, in Minneapolis, Minnesota. 'The MITER Brands team is honored to be recognized with the H.B. Fuller Customer Innovation Award,' said Mike DeSoto, Chief Operating Officer at MITER Brands. 'We are driven by a vision to build the most valued window and door brand in America." Share 'The MITER Brands team is honored to be recognized with the H.B. Fuller Customer Innovation Award,' said Mike DeSoto, Chief Operating Officer at MITER Brands. 'At MITER Brands, we are driven by a vision to build the most valued window and door brand in America. H.B. Fuller has been an exceptional partner in that journey – bringing not only industry-leading adhesive technologies but also a collaborative spirit that helps us push boundaries, create solutions that continuously improve our products, and raise the bar for performance and efficiency.' MITER Brands was awarded for developing new triple-insulating glass units (IGU), which enable lightweight, durable, and energy-efficient windows and doors. Through a collaboration with Corning Incorporated, a world-leading innovator in glass, ceramic, and materials science, MITER Brands created a high-performance glass system that enhances thermal efficiency, reducing heat loss and improving insulation while using the same window and door frames of a dual-pane IGU. The innovation enables lower energy consumption and enhanced indoor comfort, ultimately resulting in a reduced carbon footprint. Dean Ruark, Vice President of Engineering and Innovation at MITER, said the development of its triple insulating glass system stemmed from the company's willingness to solve problems for their customers – problems their competitors believed couldn't be addressed. 'Customers wanted lighter, more energy-efficient solutions,' Ruark said. 'By leveraging Corning's thin, strong glass, we reduced the weight of impact windows and doors for Southern markets by up to 40% and created lighter triple-pane products for Northern climates. The new glass options made our products easier for professionals to handle and install, less effort for homeowners to operate, and more energy efficient.' Learn more about MITER Brands at About MITER Brands Founded in 1947, MITER Brands is a residential window and door manufacturer that produces a portfolio of window and door brands for the new construction and replacement segments with an owner-operated, family-first approach. With more than 20 manufacturing facilities throughout the United States, MITER Brands is a nationwide supplier of precision-built and energy-efficient products. Through optimized manufacturing, valued relationships, and dedicated team members coast to coast, MITER Brands instills confidence and drives quality customer experiences. About H.B. Fuller Company As the largest pureplay adhesives company in the world, H.B. Fuller's (NYSE: FUL) innovative, functional coatings, adhesives and sealants enhance the quality, safety and performance of products people use every day. Founded in 1887, with 2024 revenue of $3.6 billion, our mission to Connect What Matters is brought to life by more than 7,500 global team members who collaborate with customers across more than 30 market segments in over 140 countries to develop highly specified solutions that enable customers to bring world-changing innovations to their end markets. Learn more at
Yahoo
14-05-2025
- Business
- Yahoo
Are Investors Undervaluing H. B. Fuller (FUL) Right Now?
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels. Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now. One company to watch right now is H. B. Fuller (FUL). FUL is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock has a Forward P/E ratio of 12.56. This compares to its industry's average Forward P/E of 22.85. Over the past year, FUL's Forward P/E has been as high as 18.44 and as low as 11.31, with a median of 16.08. We also note that FUL holds a PEG ratio of 0.79. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. FUL's industry has an average PEG of 2.26 right now. Over the past 52 weeks, FUL's PEG has been as high as 1.54 and as low as 0.71, with a median of 1.16. We should also highlight that FUL has a P/B ratio of 1.66. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks solid versus its industry's average P/B of 3.10. Over the past 12 months, FUL's P/B has been as high as 2.62 and as low as 1.48, with a median of 2.26. Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. Some people prefer this metric because sales are harder to manipulate on an income statement. This means it could be a truer performance indicator. FUL has a P/S ratio of 0.87. This compares to its industry's average P/S of 1.48. Finally, we should also recognize that FUL has a P/CF ratio of 10.67. This metric focuses on a firm's operating cash flow and is often used to find stocks that are undervalued based on the strength of their cash outlook. FUL's P/CF compares to its industry's average P/CF of 13.60. Over the past year, FUL's P/CF has been as high as 14.69 and as low as 9.48, with a median of 12.63. Value investors will likely look at more than just these metrics, but the above data helps show that H. B. Fuller is likely undervalued currently. And when considering the strength of its earnings outlook, FUL sticks out at as one of the market's strongest value stocks. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report H. B. Fuller Company (FUL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12-05-2025
- Business
- Yahoo
$11.25+ Bn EVA Films (Standard, Anti-PID) Markets - Global Forecast to 2029: Emerging Applications in Agriculture, Particularly in Greenhouse Coverings and Agricultural Mulch Films
Growth is driven by the increasing demand for versatile and durable EVA films in solar panel encapsulation, where they provide critical protection and efficiency for photovoltaic modules. The market is also bolstered by strong growth in the construction and automotive sectors. Key market segments include standard EVA films, extrusion production methods, and solar panel encapsulation applications. Asia Pacific emerges as the fastest-growing region due to rapid industrialization and infrastructure development, especially in solar energy. Major players in the market include H.B. Fuller, 3M, and JA Solar Technology. The report offers in-depth analysis of market dynamics and competitive strategies. EVA Films Market Dublin, May 12, 2025 (GLOBE NEWSWIRE) -- The "EVA Films Market by Type (Standard EVA Film, Anti-PID EVA Films), Production Method (Extrusion, Casting), Application (Solar Panel Encapsulation, Lamination, Heat Seal), End-Use Industry (Renewable Energy, Packaging, Automotive) - Global Forecast to 2029" has been added to offering. The EVA Films market is projected to grow from USD 7.43 billion in 2024 to USD 11.26 billion by 2029, experiencing a CAGR of 8.7% over the forecast period. The market's expansion is attributed to the versatility and durability of EVA films in numerous applications, particularly in the booming solar energy industry, which relies on these materials for encapsulating photovoltaic (PV) modules to ensure long-term efficiency and protection. The report segments the EVA Films market by type, form, end-use industry, and region, presenting a detailed analysis of key industry players. Insights into market drivers, opportunities, and challenges highlight significant trends and strategic growth opportunities. Moreover, the demand for high-performance packaging, laminated glass, and protective films in construction and automotive sectors is fueling further market growth. Advances in polymer science have enhanced the thermal stability, adhesion, and UV resistance of EVA films, broadening their application scope. Rising middle-class populations and increased urbanization and industrialization in developing nations escalate EVA film consumption in consumer goods, boosting market demand. Standard EVA Films are leading the type segment of the EVA Films market. Their rapid growth is due to their cost-effectiveness, balanced performance properties, and broad industry applicability. The films are celebrated for their flexibility, durability, and adhesion properties. High transparency and superior encapsulation properties contribute to their increasing popularity. Manufacturing ease and process compatibility make them a preferred choice for cost-efficient solutions. Extrusion is emerging as the fastest-growing production method within the EVA Films market. The extrusion process allows for efficient, scalable production, yielding films with uniform properties, consistent thickness, and improved mechanical characteristics. Manufacturers favor extrusion due to its cost-effectiveness, reducing material waste and labor expenses while enhancing energy efficiency. Investment in innovative extrusion technologies, such as multi-layer co-extrusion, facilitates tailored production capabilities. Solar Panel Encapsulation leads the application segment of the EVA Films market, driven by increasing attention to renewable energy technologies and the protective qualities of EVA films. The economic efficiency and processing benefits offered by EVA films make them the preferred choice among solar module manufacturers. Smoothing the lamination process and compatibility with automated systems enhances production efficiency and cuts costs, supporting the demand in the solar sector. Renewable Energy is the fastest-growing end-use industry for EVA films. Global transitions towards clean energy solutions, along with supportive government policies, fuel this growth. The inherent qualities of EVA films, such as optical transparency, UV resistance, and durability, improve solar panel performance and longevity, making them indispensable in renewable applications. Asia Pacific is the fastest-growing EVA films market, driven by rapid industrialization, infrastructure development, and investments in renewable energy. Major players in the region, including China and India, are spearheading solar energy generation and electronics manufacturing, increasing EVA film demand. China's dominance in solar panel manufacturing notably contributes to the uptake of EVA films globally. Interviews conducted with industry executives reveal that the EVA Films market includes major players such as H.B. Fuller (US), 3M (US), and JA Solar Technology Co., Ltd. (China), among others. The study provides a comprehensive competitive analysis showcasing company profiles, recent developments, and strategic insights. Key Benefits of Buying this Report: Industry analysis covering market trends and competitive landscape. Emerging high-growth segments and regions in the EVA Films market. Analysis of drivers like improved bond strength and thermal range, restraints like competition from alternatives, and opportunities in agriculture. Market development insights into emerging markets and production capacities. In-depth competitive assessment of leading market players. Key Attributes: Report Attribute Details No. of Pages 251 Forecast Period 2024 - 2029 Estimated Market Value (USD) in 2024 $7.43 Billion Forecasted Market Value (USD) by 2029 $11.26 Billion Compound Annual Growth Rate 8.7% Regions Covered Global Market Dynamics Drivers Increased Use in Various Applications Driven by Superior Durability, Flexibility, and Resilience Growth of Solar Energy Industry Restraints Competition from Other Materials with Similar Properties Opportunities Development of Eco-Friendly and Biodegradable Eva Film Solutions Emerging Applications in Agriculture, Particularly in Greenhouse Coverings and Agricultural Mulch Films Challenges Discoloration of Eva Films After Extended Exposure to Sunlight Limited Recyclability of Eva Films Poses Environmental Challenges Company Profiles H.B. Fuller Company 3M Ja Solar Technology Co. Ltd. Jiangsu Sveck Photovoltaic New Material Co. Ltd. Hangzhou First Applied Material Co. Ltd. Shanghai Hiuv New Materials Co. Ltd. Guangzhou Lushan New Materials Co. Ltd. Hanwha Group Cybrid Technologies Inc. Betterial Mativ Zhejiang Sinopont Technology Co. Ltd. Satinal Spa Folienwerk Wolfen GmbH Shenzhen Gaoren Electronic New Material Co. Ltd. Huizhou Baojun Material Technology Co. Ltd. Zonpak New Materials Co. Ltd. Lucent Cleanenergy Dr. Hans Werner Chemikalien Hangzhou Xindongke Energy Technology Co. Ltd. Dana Poly, Inc. E&N Film Tech Co. Ltd. Fangding Technology Co. Ltd. Huichi Industrial Development Co. Ltd. Rich Big Enterprise Co. Ltd. Novopolymers Enerlite Solar Films India Private Limited Crown Advanced Material Co. Ltd. Fuyin Group For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment EVA Films Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
