H.B. Fuller Co. announced that it is implementing an additional strategic restructuring to expedite the integration of recently acquired businesses and drive overall operational improvements. The company reports that the restructuring actions, prompted by the recent acquisition of Beardow Adams, will accelerate profitable growth in many of its core end markets, while streamlining operations and enhancing customer service. As part of its standard acquisition integration process and in conjunction with ongoing efforts to review its manufacturing footprint, H.B. Fuller identified several changes within its manufacturing and supply chain operations that will result in the closure of three manufacturing facilities and the redistribution of production across the network.
“We are executing our strategic plan to improve our business model, our portfolio, and our customer experience, augmented by our position as the acquirer of choice in the adhesives industry,” said Celeste Mastin, president and CEO. “Acquisitions enable us to expand our market share and network, bring in new talent and technology, and provide a new framework from which to optimize production efficiency.”