Atkore Inc. (ATKR), headquartered in Harvey, Illinois, is a leading manufacturer and distributor of electrical and mechanical products. The company was formerly known as Tyco Electrical & Metal Products but changed its name to Atkore International Group Inc. in 2011 after a rebranding effort. The organization currently operates under the leadership of Mr. William E. Waltz II, the President & CEO.
As a company, Atkore Inc. is principally involved in providing innovative solutions and building infrastructure that delivers energy and data. Essentially, the company's products provide a critical function in the construction industry, as they form an integral part of residential, non-residential, and infrastructure construction projects. Atkore's portfolio primarily consists of electrical raceway products, mechanical products and solutions (MP&S), and safety and security products.
Its Electrical raceway products come in two forms: metal raceway and plastic raceway products, which are used in the construction of electrical systems. Its MP&S division produces and sells metal framing and cable management systems, including metal conduit, fittings, armored cable, cable trays, mounting systems, and sprinkler systems. The safety and security segment of Atkore comprises of products such as perimeter security, threat-level security enclosures, and busway systems.
The company's mission revolves around delivering 'better products, faster,' characterized by its commitment to innovation and quality. Atkore places great emphasis on simplifying its customers' work, which has helped it maintain a strong market presence and build long-lasting customer relationships.
The considerable scale of Atkore's operations is evident in its financial performance, with the total revenue for 2020 surpassing the $1.7 billion mark. Furthermore, Atkore's reach extends across 55 manufacturing and distribution facilities worldwide, making it a global industry player.
Atkore has continuously showcased environmental responsibility through its products and processes. Its green-tube product line, for example, saves considerable resources by using 100% recycled steel. The company's comprehensive sustainability program extends this commitment even further, emphasizing waste reduction, energy conservation, and workplace safety.
In the stock market, ATKR is traded on the New York Stock Exchange (NYSE). It's part of the industrials sector and the building products & equipment industry. Looking ahead, Atkore's strong brand recognition, breadth of product offerings, and continued focus on quality and innovation position it well to capitalize on potential growth opportunities.