Carlisle Companies Incorporated is a diversified global company with a portfolio of businesses focused on the manufacture and distribution of highly engineered products for both original equipment and aftermarket channels. Carlisle`s markets include: commercial roofing, energy, agriculture, mining, construction, aerospace, defense, foodservice, healthcare, sanitary maintenance, transportation, industrial, protective coating and auto refinishing. Leveraging the Carlisle Operating System (COS) and an entrepreneurial spirit to drive continuous improvement, Carlisle`s worldwide team of employees generated $3.7 billion in net sales in 2016.
- Business Type:
- Industry Type:
- Agriculture - Aquaculture
- Market Focus:
- Globally (various continents)
Carlisle Companies Incorporated has a long and proud history which began in 1917, when Charles S. Moomy opened Carlisle Tire and Rubber Company in Carlisle, Pennsylvania, to sell inner tubes to Montgomery Ward and Company. With thirty employees Carlisle Tire and Rubber Company began producing automobile inner tubes. The Company continued to grow and prosper through the 1920s.
With the Stock Market crash of 1929 and the beginning of the Depression, Carlisle Tire and Rubber, like most other companies during that era, found itself in a desperate struggle to stay afloat. Near the end of the 1930s, in order to avoid bankruptcy, Moomy turned all of his common and preferred stock over to the Federal Reserve Bank of Philadelphia which by then, as the largest shareholder, had control of the Company.
The end of the depression and the beginning of World War II forced changes upon the rubber industry. Japan cut off 95% of the natural rubber supply from the East Indies, forcing Carlisle, along with other companies, to seek other sources. In December 1945, Carlisle began to manufacture inner tubes using synthetic rubber.
Carlisle Tire and Rubber was purchased by Pharis Tire and Rubber Company in 1943 for $330,000. But significant losses followed and in 1949, the Board of Directors decided to liquidate the company. All Carlisle stock was distributed to the Pharis stockholders and the company was officially renamed Carlisle Corporation. In 1946, Carlisle purchased a company that produced molded friction products that are used on traditional brake shoes and thus began the starting point of what today is Carlisle Brake & Friction. This also ushered in a new phase for Carlisle as they began growing as a diversified manufacturing company.
During the 1950s and 1960s, Carlisle continued to acquire a variety of other companies further diversifying their product mix to include insulated wire and cable, which today is known as Carlisle Interconnect Technologies. On June 1, 1960, Carlisle Companies Inc. became a publicly traded company on the NYSE (New York Stock Exchange) with a ticker symbol of “CSL.” By the end of the 1960s, Carlisle was producing aerospace and electronic products, recreational tires, automotive accessories and other divergent products.
In the 1970s Carlisle pioneered rubber sheet roofing. Using highly engineered formulation and processing techniques to produce synthetic rubber sheets capable of competing with traditional roofing materials. This established Carlisle as a formidable player in both the new and replacement roof markets. This was the genesis of what today is Carlisle Constructions Materials.
In the 1980s Carlisle acquired a company that manufactured compression-molded plastic and melamine dinnerware, and later a company that manufactured foodservice equipment and supplies, which was the beginning of what today is Carlisle FoodService Products.
So the beginnings of Carlisle Companies Inc. can be traced to 1917 when the company was dedicated to rubber products for transportation, later to be augmented by the acquisition of several wheel manufacturers in the 1990s to become known as Carlisle Tire & Wheel Company. In 2001, Carlisle purchased a manufacturer of transmission belts for industrial applications and, together with Carlisle Tire & Wheel, was the formed what today is known as Carlisle Transportation Products.
Since that time Carlisle’s diversification efforts, both through product line extensions within its core businesses and through acquisitions, has continued to build a strong decentralized company led by entrepreneurial management teams. Carlisle continues to bring innovative product solutions to solve customers’ challenges. The Company’s family of businesses builds market leadership that creates enduring competitive advantage, and thereby add value for shareholders.
Carlisle Companies’ 11,000 employees worldwide are focused on continuously improving the value of the Carlisle brand by developing the best products, insuring the highest quality and providing unequaled customer service in the many industries Carlisle’s Companies serve.
We are aware of the effects that the many decisions we make at Carlisle have for our people, our customers, the communities where we do business, our suppliers, our investors and the environment. We are committed to continually finding ways to become more economically, socially and environmentally responsible, and in doing so, becoming a better global corporate citizen.
Sustainability is an essential element of our fundamental business strategy. Using our core strengths in our diversified businesses we share innovations and best practices across our companies and across geographies, capitalizing on our competencies in order to build on our reputation for corporate responsibility.
Our values provide the framework for our commitment to corporate responsibility. This is supported and is a natural outgrowth of our operating principles and Carlisle’s Business Code of Ethics.
Going forward, we are committed to corporate responsibility and to finding new solutions to old problems. As we continue to find ways to make our products more efficiently, and with less impact on our environment, we fully intend that our workplaces will be safer, our employees more productive and Carlisle’s energy footprint will be less than it is today. We will drive continuous improvement through our Carlisle Operating System.