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Grote Industries, Inc. - Company Profile

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Grote Industries, Inc. - Overview

Description
Grote Industries is a private company with an estimated 1,500 employees. In the US, the company has a notable market share in at least one industry: Lighting Fixtures Manufacturing, where they account for an estimated 0.7% of total industry revenue and are considered a Rising Star because they display lower market share, but displaying stronger profit and revenue growth than some of their peers.
Company Details

Registered Name: Grote Industries, Inc.

Company Type: Other

Employees: 1500

Grote Industries, Inc. - Operating Industries and Main Competitors

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Grote Industries, Inc. - Products and Services

  • Lighting Fixtures Manufacturing in the US

    • Of the 3 core revenue-generating products and services in the Lighting Fixtures Manufacturing in the US industry, Grote Industries, Inc. offers:
    • Commercial, industrial and institutional electric lighting fixture
    • Other lighting equipment manufacturing
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Grote Industries, Inc. - Analyst Insights

Grote opens next generation manufacturing center

Grote Industries announced the grand opening of its newest production facility, the Next Generation Manufacturing Center (NGMC). Located at its world headquarters in Madison, Indiana, NGMC is a high-tech manufacturing environment built specifically for Grote’s newest venture; the production of LED headlamp platforms for major Original Equipment Manufacturers of heavy-duty trucks, commercial vehicles, and off-highway equipment.

Product Innovation


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Grote Industries, Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Grote Industries, Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Lighting Fixtures Manufacturing in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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