LISTEN: Adhesives Manufacturer to Ax 72 Facilities in Cost-Cutting Blitz

Minnesota-based H.B. Fuller Company provides adhesives, sealants and specialty chemicals to customers in a wide range of industries – everything from medical and hygiene products to transportation, energy and construction. 

Despite the diversity of its end markets, H.B. Fuller’s leaders recently expressed disappointment in its Q4 earnings statement, pointing to sluggish customer behavior, pricing volatility, high material costs and tight margins.

CEO Celeste Mastin said the company must now  in order to improve its profitability. She says it also plans to continue with an existing strategic plan that involves aggressively consolidating the company’s footprint.