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To: richardred who wrote (2008)3/17/2008 11:51:11 AM
From: richardred  Read Replies (1) | Respond to of 6850
Griffon Names Kramer As Its New CEO
Monday March 17, 9:40 am ET
Griffon Names Ronald Kramer Chief Executive to Succeed Retiring Harvey Blau

JERICHO, N.Y. (AP) -- Engineering company Griffon Corp. said Monday it named Ronald J. Kramer chief executive, effective April 1.

Kramer, 49, will succeed the retiring Harvey R. Blau, who will remain as non-executive chairman of the board. Kramer has served as a Griffon board member since 1993 and is also vice chairman.

Kramer currently serves as president of Las Vegas-based casino operator Wynn Resorts Ltd., where he is also a director.

Griffon shares fell 23 cents, or 3 percent, to $7.55 in morning trading.

To: richardred who wrote (2008)4/1/2008 1:18:48 AM
From: richardred  Read Replies (1) | Respond to of 6850
Griffon Subsidiary Gets $100M Facility
Monday March 31, 5:03 pm ET
Griffon Unit Telephonics Corp. Gets $100 Million Revolving Credit Facility

JERICHO, N.Y. (AP) -- Engineering company Griffon Corp. on Monday said its subsidiary Telephonics Corp. entered into a $100 million revolving credit facility with JPMorgan Securities Inc.

The facility is for five years. Griffon ended its existing credit facility and repaid $62.5 million of outstanding debt, with $50 million under the new credit facility and internal cash.

Griffon said it is seeking a facility for its other subsidiary, Clopay Corp.

Shares of Griffon fell 26 cents, or 2.9 percent, to close at $8.60.