Standard Industries is an American privately-held global industrial conglomerate headquartered in

New York City New York, often called New York City (NYC), is the most populous city in the United States, located at the southern tip of New York State on one of the world's largest natural harbors. The city comprises five boroughs, each coextensive w ...

. Standard is the

parent company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

of a number of industrial manufacturers, roofing and

solar Solar may refer to: Astronomy * Of or relating to the Sun ** Solar telescope, a special purpose telescope used to observe the Sun ** A device that utilizes solar energy (e.g. "solar panels") ** Solar calendar, a calendar whose dates indicate t ...

companies, and related real estate and

investment Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broade ...

platforms. David Millstone and David Winter are co-CEOs of the company. Standard's operating companies include

GAF Gaf (; ), is the name of different Perso-Arabic alphabet, Perso-Arabic letters, all representing . They are all derived from the letter Kaph, kāf, with additional diacritics, such as dots and lines. In name and shape, it is a variant of ''kaph ...

, GAF Energy, W. R. Grace and Company, BMI Group, Siplast, Schiedel, and Speciality Granules (SGI), along with Standard Investments and Winter Properties.

History

Standard Industries' origins date back to 1886, with the founding of the Standard Paint Company. In January 2016, Standard purchased the Danish company Icopal for about €1 billion. In December of the same year, the company acquired the German Braas Monier Building Group for €1.1 billion. In January 2019, Standard launched GAF Energy, a solar company which aims to increase the installations of residential solar roofs by working with regional installers. On April 26, 2021, W. R. Grace announced that they have entered into a definitive agreement with Standard Industries Holdings Inc. where Standard Industries Holdings will acquire Grace in an all-cash transaction valued at approximately $7 billion.

Operations

Standard Industries is led by co-CEOs David Millstone and David Winter. The company has more than 20,000 employees in over 80 countries.

Operating companies

is the largest roofing company in

North America North America is a continent in the Northern Hemisphere, Northern and Western Hemisphere, Western hemispheres. North America is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South Ameri ...

which focuses on the manufacturing of roofing materials. Its projects include the

Library of Congress The Library of Congress (LOC) is a research library in Washington, D.C., serving as the library and research service for the United States Congress and the ''de facto'' national library of the United States. It also administers Copyright law o ...

and the Alamo. BMI is a manufacturer of building materials and roofing accessories. It was formed in 2016 in the merger of Brass Monier and Icopal. BMI’s projects include the

Louvre The Louvre ( ), or the Louvre Museum ( ), is a national art museum in Paris, France, and one of the most famous museums in the world. It is located on the Rive Droite, Right Bank of the Seine in the city's 1st arrondissement of Paris, 1st arron ...

, the

Maria Taferl Maria Taferl is an Austrian market municipality of 872 people in the District of Melk and the most important pilgrimage site in all of Lower Austria. After Mariazell, Maria Taferl is the most important pilgrimage destination in all of Austria. ...

, and the Lego House in

Denmark Denmark is a Nordic countries, Nordic country in Northern Europe. It is the metropole and most populous constituent of the Kingdom of Denmark,, . also known as the Danish Realm, a constitutionally unitary state that includes the Autonomous a ...

. Siplast is a manufacturer of roofing and waterproofing systems. Siplast's projects include the United Nations headquarters, the

, the

Metropolitan Museum of Art The Metropolitan Museum of Art, colloquially referred to as the Met, is an Encyclopedic museum, encyclopedic art museum in New York City. By floor area, it is the List of largest museums, third-largest museum in the world and the List of larg ...

, the Washington DC Metro system, and the

Jacob Javits Center The Jacob K. Javits Convention Center, commonly known as the Javits Center, is a large convention center on Eleventh Avenue between 34th Street and 38th Street in Hell's Kitchen, Manhattan, New York City. It was designed by architect James In ...

. GAF Energy is a manufacturer of residential solar roofs. The company currently offers its solar product in nine states, including Massachusetts, Rhode Island, Connecticut, New York, New Jersey, Pennsylvania, Illinois, Florida, and California. Schiedel is a designer and manufacturer of chimney, stove, and ventilation systems in Europe. Specialty Granules (SGI) is a North American aggregates and mining company. In September 2021, Standard announced the $7 billion acquisition of W. R. Grace & Co., an American

specialty chemicals Specialty chemicals (also called specialties or effect chemicals) are particular chemical products that provide a wide variety of effects on which many other industry sectors rely. Some of the categories of speciality chemicals are adhesives, agr ...

business headquartered in Columbia, Maryland.

Related businesses

Standard Investments

Standard’s related investment business, Standard Investments, is a fundamentally-based investment platform that takes concentrated long-term positions across a range of sectors and leverages industrial knowledge to create value for all stakeholders. It is active in public equities, real estate, and

venture capital Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...

. In July 2020, Standard Investments' venture capital firm (formerly 40 North Ventures) acquired investments in eleven of GE Ventures’ startups in industrial and technological sectors.

Winter Properties

Winter Properties is a related business of Standard Industries that owns multiple properties in New York City and nationally. Winter Properties’ holdings are a mix of commercial and residential properties.

References

External links

* {{authority control Privately held companies based in New York City Building materials companies of the United States