Broan, Inc.

Broan, Inc. Overview

Company Headquarters: US

Founded: 1896

Workforce: ~ 2,500

Company Working: Broan, Inc. is one of the leading developers, manufacturers, and marketers of residential ventilation products. It offers customers bath and ventilation fans, range hoods, fresh air systems, attic ventilation systems, heaters, and other related accessories. Through its heater segment, the company offers wall heaters, kickspace heaters, ceiling heaters, and heater accessories. Its fresh air systems provide balanced residential ventilation, light commercial balanced ventilation, supply fan, and fresh air system accessories. Additionally, the bath and ventilation fans segment comprises fans, fans with lights, fans with heaters, motion sensing fans, humidity sensing fans, and high-capacity fans. The company primarily manufactures, markets, and sells its products in several locations including, the US, Canada, Chile, China, and Mexico. It markets its products under three brand names– Broan, Nutone, and Best.

Strategy

Broan focuses on expanding its presence in emerging regions including Asia-Pacific by establishing a strong distribution network. It aims to develop a strong product portfolio and attain technological competence to gain a competitive advantage in the global market. The company concentrates on research and development to develop innovative and cost-effective products. Through its research and development efforts, it aims to enhance its competitiveness by attracting new customers in different regions.

Company Snapshot

2,500

Employees

1896

Founded

US

Headquarters

SWOT Analysis

Strengths

Balanced product portfolio
Strong R&D capabilities

Weaknesses

Exposure to interest rate risks

Opportunities

Strategic partnerships to expand its distribution network

Threats

Growing competition from local distributors

Product Offering

Broan, Inc.
- Heaters

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