Kingspan Group Overview
Company Headquarters: Ireland
Founded: 1966
Workforce: ~13,500
Company Working: Kingspan Group is one of the leading providers of sustainable building solutions across the world. It is engaged in manufacturing insulation and building envelopes. The group offers customers a range of products, including rigid insulation boards, insulated roofs, walls, facade systems, insulated panels, access floors, steel frames, and timber frame off-site solutions. It operates through five product segments, namely, insulated panels, access floor, environmental, insulation boards, and light and air. Its insulating panels segment comprises a range of roof and wall panel systems. The group sells mineral wool steel sandwich panel products through this segment. Its products have applications in the commercial & industrial, residential, and office & data sectors. It also offers zero and low carbon solutions to the private and public sectors. Kingspan Group operates through two end use categories, namely, new build and refurbishment. It has completed several projects to improve the energy-efficiency in several manufacturing sites. The group has 129 manufacturing facilities across Europe, Asia-Pacific, and the Americas and a presence in more than 70 countries worldwide.
Strategy
Kingspan Group aims to retain its position in the global market by focusing on mergers and acquisitions, developing innovative and patent-protected proprietary technology, and manufacturing products for reducing the cost of production and meeting the environmental regulations and greenhouse gas emissions targets. It is working on increasing its product development. Furthermore, every year, the group invests 1% of its revenue in research & development to create industry-leading next-generation products and solutions.
