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Company > Apogee Enterprises Inc: Business Model, SWOT Analysis, and Competitors 2023

Apogee Enterprises Inc: Business Model, SWOT Analysis, and Competitors 2023

Published: Jun 26, 2023

Inside This Article


    In this blog article, we will take a closer look at Apogee Enterprises Inc, a leading American provider of architectural glass and framing solutions. We will start by examining their business model, exploring how they operate and generate revenue within the industry. Following that, we will conduct a SWOT analysis to evaluate their strengths, weaknesses, opportunities, and threats in the market. Finally, we will delve into their key competitors, examining how Apogee Enterprises Inc stands against other players in the architectural glass and framing sector.

    What You Will Learn:

    • Who owns Apogee Enterprises Inc and the significance of ownership in a corporate structure.
    • The mission statement of Apogee Enterprises Inc and how it guides the company's operations and decision-making.
    • How Apogee Enterprises Inc generates revenue and makes money through its various business activities and strategies.
    • An in-depth explanation of the Apogee Enterprises Inc Business Model Canvas, highlighting its key components and their interrelationships.
    • The main competitors of Apogee Enterprises Inc in the industry and their potential impact on the company's market position.
    • A comprehensive SWOT analysis of Apogee Enterprises Inc, examining its strengths, weaknesses, opportunities, and threats in the marketplace.

    Who owns Apogee Enterprises Inc?

    Major Institutional Holders

    Apogee Enterprises Inc. is a publicly-traded company, which means that its ownership is distributed among various institutional and individual investors. Let's take a closer look at some of the major institutional holders of Apogee Enterprises Inc.

    Vanguard Group Inc.

    One of the largest institutional holders of Apogee Enterprises Inc. is the Vanguard Group Inc. They own a significant percentage of the company's outstanding shares. As a reputable investment management company, Vanguard Group Inc. provides services to various types of investors, including individual and institutional clients. Their substantial ownership in Apogee Enterprises Inc. reflects their confidence in the company's performance and potential.

    BlackRock Inc.

    Another major institutional holder of Apogee Enterprises Inc. is BlackRock Inc. Known as one of the world's largest asset management firms, BlackRock Inc. holds a considerable stake in the company. With their expertise in managing investments across various asset classes, BlackRock Inc.'s ownership signals their belief in Apogee Enterprises Inc.'s long-term growth prospects.

    State Street Corporation

    State Street Corporation is also among the significant institutional owners of Apogee Enterprises Inc. As a leading financial services and investment management company, State Street Corporation manages assets for institutional investors worldwide. Their ownership in Apogee Enterprises Inc. demonstrates their trust in the company's ability to deliver value to its shareholders.

    Insider Ownership

    Apart from institutional investors, it's also important to consider the ownership of Apogee Enterprises Inc. by insiders, including company executives and directors. Insider ownership can provide insights into the level of commitment and alignment of interests between management and shareholders.

    Joseph F. Puishys

    Joseph F. Puishys, the Chief Executive Officer of Apogee Enterprises Inc., holds a significant number of shares in the company. As a key decision-maker, his substantial ownership underscores his confidence in Apogee Enterprises Inc.'s strategic direction and future success.

    Other Executives and Directors

    Additionally, other executives and members of the board of directors of Apogee Enterprises Inc. also possess ownership stakes in the company. This ownership further reflects their vested interest in the company's performance and their commitment to creating value for shareholders.

    In conclusion, Apogee Enterprises Inc. is owned by a diverse range of institutional and individual investors. Major institutional holders such as Vanguard Group Inc., BlackRock Inc., and State Street Corporation demonstrate confidence in the company's potential, while insider ownership highlights the commitment of key executives and directors. This collective ownership structure contributes to the overall stability and growth of Apogee Enterprises Inc.

    What is the mission statement of Apogee Enterprises Inc?

    The Mission Statement of Apogee Enterprises Inc: Building Value Through Innovation and Excellence.

    Apogee Enterprises Inc, a leading provider of architectural glass and metal products, has a clear and concise mission statement that drives its operations and strategic decisions. The company's mission is to build value through innovation and excellence in everything it does.

    Apogee Enterprises Inc. aims to be at the forefront of its industry by continuously seeking innovative solutions and pushing the boundaries of what is possible in architectural glass and metal products. By embracing new technologies, materials, and design techniques, the company strives to provide its customers with cutting-edge solutions that meet their unique needs and exceed their expectations.

    In addition to innovation, Apogee Enterprises Inc. also places a strong emphasis on excellence. The company is committed to delivering high-quality products and services that are built to stand the test of time. By maintaining rigorous standards throughout its manufacturing processes and adhering to strict quality control measures, Apogee ensures that its products consistently meet the highest standards of durability, functionality, and aesthetics.

    Apogee Enterprises Inc. understands that building value goes beyond simply delivering products. The company recognizes the importance of building strong relationships with its customers, employees, and stakeholders. By fostering a culture of collaboration, transparency, and integrity, Apogee seeks to establish long-term partnerships based on trust and mutual success.

    Furthermore, Apogee Enterprises Inc. acknowledges its responsibility towards sustainability and environmental stewardship. The company strives to minimize its environmental footprint by implementing sustainable practices throughout its operations. From energy-efficient manufacturing processes to sourcing materials responsibly, Apogee is committed to making a positive impact on the environment and contributing to a more sustainable future.

    In summary, the mission statement of Apogee Enterprises Inc. encapsulates the company's dedication to building value through innovation and excellence. By staying at the forefront of its industry, delivering high-quality products and services, fostering strong relationships, and embracing sustainability, Apogee aims to be a leader in architectural glass and metal products while creating value for its stakeholders and the environment.

    How does Apogee Enterprises Inc make money?

    Overview of Apogee Enterprises Inc

    Apogee Enterprises Inc is a leading provider of architectural glass and metal products and services. The company operates in four business segments: Architectural Glass, Architectural Services, Architectural Framing Systems, and Large-Scale Optical Technologies.

    Architectural Glass

    One of the key revenue streams for Apogee Enterprises Inc is its Architectural Glass segment. This segment manufactures and fabricates glass used in commercial buildings, including high-performance glass for energy efficiency, decorative glass for aesthetic appeal, and hurricane-resistant glass for safety. The company serves a wide range of industries, including office buildings, retail stores, healthcare facilities, and educational institutions.

    Architectural Services

    Apogee Enterprises Inc also generates revenue through its Architectural Services segment. This segment provides design, engineering, project management, and installation services for glass and metal curtain wall systems. These services help customers bring their architectural visions to life by creating custom-designed facades that enhance the aesthetics and functionality of their buildings. Apogee's expertise in this area has made it a trusted partner for architects, developers, and contractors.

    Architectural Framing Systems

    Another significant source of revenue for Apogee Enterprises Inc is its Architectural Framing Systems segment. This segment designs, engineers, and manufactures aluminum frames and window systems used in commercial buildings. These framing systems offer durability, energy efficiency, and design flexibility, making them attractive to customers in various industries. Apogee's extensive product portfolio and customization capabilities allow it to cater to the specific needs of its customers, further driving revenue growth.

    Large-Scale Optical Technologies

    Apogee Enterprises Inc also monetizes its expertise in glass coatings and optics through its Large-Scale Optical Technologies segment. This segment develops and manufactures glass substrates and optical thin coatings for applications such as aerospace, defense, and scientific research. The company's advanced technologies and precision manufacturing processes enable it to deliver high-quality optical solutions that meet the demanding requirements of these industries.


    Apogee Enterprises Inc generates revenue through its diverse portfolio of products and services in the architectural glass and metal industry. Its expertise in glass manufacturing, architectural services, framing systems, and optical technologies allows the company to cater to a wide range of customers and industries. By continually innovating and providing outstanding customer service, Apogee Enterprises Inc maintains its position as a leader in the market and drives sustainable revenue growth.

    Apogee Enterprises Inc Business Model Canvas Explained

    What is the Business Model Canvas?

    The Business Model Canvas is a strategic management tool that helps organizations visually depict and analyze their business model. It provides a comprehensive framework to understand and communicate the various components that make up a company's value proposition, infrastructure, customers, and revenue streams. By using the Business Model Canvas, businesses can gain a clearer understanding of how their activities and resources come together to create value and generate profits.

    The Key Elements of Apogee Enterprises Inc's Business Model Canvas

    Apogee Enterprises Inc is a leading provider of architectural glass, framing systems, and architectural services. Let's explore the key elements of their business model canvas:

    1. Customer Segments

    Apogee Enterprises Inc primarily targets two main customer segments: commercial construction companies and architectural firms. These customers require high-quality glass and framing solutions for their building projects. Apogee focuses on delivering innovative products and services that meet the specific needs of these segments.

    2. Value Proposition

    Apogee's value proposition lies in its ability to provide customized and technologically advanced glass and framing solutions. The company offers a wide range of products, including energy-efficient glass, curtain walls, and architectural windows, which help improve building aesthetics, energy efficiency, and overall performance. This value proposition sets Apogee apart from its competitors and attracts customers looking for premium quality solutions.

    3. Channels

    To reach its customer segments, Apogee utilizes a combination of direct sales, distribution partners, and an online presence. The company has a team of experienced sales professionals who engage directly with customers, offering consultation and guidance throughout the project. Additionally, Apogee has established partnerships with distributors to expand its market reach and ensure efficient delivery of its products.

    4. Customer Relationships

    Apogee focuses on building long-term relationships with its customers. By providing excellent customer service, technical support, and maintenance assistance, the company aims to establish trust and loyalty. Apogee also invests in ongoing communication and feedback channels to better understand customer needs and continuously improve its offerings.

    5. Revenue Streams

    Apogee generates revenue through the sale of its architectural glass and framing systems. The company also offers architectural services, including design assistance, engineering support, and installation supervision, which contribute to additional revenue streams. By diversifying its revenue sources, Apogee ensures a stable and sustainable income.

    6. Key Resources

    Apogee's key resources include its manufacturing facilities, research and development capabilities, and a skilled workforce. The company invests in cutting-edge technology and innovation to develop high-quality products. Apogee also values its employees' expertise and promotes a culture of continuous learning and development.

    7. Key Activities

    The key activities of Apogee Enterprises Inc involve product design, manufacturing, marketing, and sales. The company continuously invests in research and development to create innovative solutions, and its manufacturing facilities ensure efficient production and timely delivery. Apogee's marketing efforts focus on promoting its products and services to its target customer segments.

    8. Key Partnerships

    Apogee collaborates with suppliers, distributors, and architectural firms to establish strong partnerships. By working closely with suppliers, the company ensures a steady supply of quality raw materials. Partnerships with distributors enable Apogee to reach a wider customer base and expand its geographical presence. Additionally, collaborations with architectural firms enable Apogee to provide comprehensive solutions for complex building projects.

    9. Cost Structure

    Apogee's cost structure includes expenses related to manufacturing, research and development, marketing, sales, and employee salaries. The company strives to maintain cost efficiency while delivering high-quality products and services. By optimizing its operations and leveraging economies of scale, Apogee aims to maximize profitability.


    Apogee Enterprises Inc's business model canvas showcases a customer-centric approach, emphasizing the delivery of customized, innovative glass, and framing solutions. By understanding the key elements of their business model, Apogee can better align its resources, activities, and partnerships to create value for its customers and sustain its competitive advantage in the market.

    Which companies are the competitors of Apogee Enterprises Inc?


    Apogee Enterprises Inc. operates in a highly competitive industry, and as such, it faces several competitors that strive for a share of the market. These competitors also offer a range of products and services similar to those provided by Apogee Enterprises Inc. Understanding the key players in the industry is crucial for assessing Apogee's position and potential growth opportunities. In this section, we will discuss some of the main competitors of Apogee Enterprises Inc.

    Competitor #1: PPG Industries Inc.

    PPG Industries Inc. is a global leader in the manufacturing of coatings, paints, and specialty materials. With a diverse product portfolio, the company serves various markets, including construction, automotive, and industrial. PPG Industries Inc. provides a range of architectural glass products that compete directly with Apogee Enterprises Inc. They offer innovative solutions for energy efficiency, aesthetics, and sound control, making them a significant competitor in the industry.

    Competitor #2: Oldcastle BuildingEnvelope

    Oldcastle BuildingEnvelope, a subsidiary of CRH plc, is a prominent player in the architectural glass and glazing systems industry. The company specializes in designing, manufacturing, and installing custom-engineered curtain walls, storefronts, and other building envelope solutions. Oldcastle BuildingEnvelope's extensive product line and nationwide presence make them a formidable competitor for Apogee Enterprises Inc. They cater to various sectors, including commercial, institutional, and residential construction.

    Competitor #3: Vitro S.A.B. de C.V.

    Vitro S.A.B. de C.V., a Mexican multinational glass manufacturer, competes with Apogee Enterprises Inc. through its subsidiary, Vitro Architectural Glass. Vitro offers a wide range of glass products, including coated, clear, and high-performance glass for architectural applications. They focus on sustainability and energy efficiency, which aligns with the growing demand for environmentally friendly solutions. With their strong presence in North America and Latin America, Vitro S.A.B. de C.V. poses a significant challenge to Apogee's market share.

    Competitor #4: Kawneer Company, Inc.

    Kawneer Company, Inc., a subsidiary of Arconic Inc., is a major competitor in the architectural aluminum systems industry. The company specializes in manufacturing and distributing architectural systems and products, including curtain walls, windows, and entrances. Kawneer offers comprehensive solutions for both new construction and renovation projects, catering to the commercial building sector. Their wide range of products and commitment to innovation make them a fierce competitor for Apogee Enterprises Inc.

    Competitor #5: YKK AP America Inc.

    YKK AP America Inc. is a leading manufacturer of architectural aluminum systems and commercial facade solutions. The company provides a diverse product lineup, including windows, curtain walls, entrances, and sun control devices. YKK AP America Inc. emphasizes sustainability, quality, and innovation, which resonates with customers seeking high-performance building solutions. With their strong presence in the United States and a focus on customer satisfaction, they pose a notable challenge to Apogee Enterprises Inc.


    Apogee Enterprises Inc. faces strong competition from several key players in the industry, including PPG Industries Inc., Oldcastle BuildingEnvelope, Vitro S.A.B. de C.V., Kawneer Company, Inc., and YKK AP America Inc. As the market evolves and demands change, staying competitive and maintaining a strong market position will remain a priority for Apogee Enterprises Inc. Understanding the strategies and offerings of these competitors is crucial for Apogee to drive innovation, develop new products, and capture market opportunities.

    Apogee Enterprises Inc SWOT Analysis


    • Strong market position: Apogee Enterprises Inc has established a strong market presence in the glass and building products industry. With over 70 years of experience, the company has built a reputation for delivering high-quality products and services.

    • Diversified product portfolio: Apogee offers a wide range of products, including architectural glass, windows, and framing systems. This diversification helps the company cater to different customer needs and mitigate risks associated with relying on a single product line.

    • Technological expertise: The company has invested heavily in research and development, allowing it to stay at the forefront of technological advancements in the industry. This expertise enables Apogee to develop innovative products and solutions, giving them a competitive edge.

    • Strong customer relationships: Apogee has cultivated strong relationships with its customers, which include architects, contractors, and building owners. The company's focus on customer satisfaction and its ability to provide customized solutions have earned it a loyal customer base.


    • Dependence on the construction industry: Apogee's business heavily relies on the construction industry, which is subject to economic fluctuations. During periods of economic downturns or reduced construction activity, the company's sales and profitability may be adversely affected.

    • Vulnerability to raw material price fluctuations: As a manufacturer, Apogee is exposed to fluctuations in the prices of raw materials, such as glass and aluminum. Sudden increases in raw material costs can put pressure on the company's profit margins if it is unable to pass on these costs to customers.

    • Limited geographic reach: While Apogee operates globally, it primarily focuses on the North American market. This limited geographic reach exposes the company to risks associated with regional economic conditions and may limit its growth potential compared to competitors with a more widespread presence.


    • Growing demand for energy-efficient products: The increasing focus on sustainability and energy efficiency presents an opportunity for Apogee to capitalize on the demand for energy-efficient glass and building products. The company's innovative product offerings in this area position it well to capture this market.

    • Expansion into emerging markets: Apogee can explore opportunities to expand its presence in emerging markets, such as Asia and Latin America, where there is a growing demand for infrastructure development. By leveraging its technological expertise and reputation, the company can tap into the potential of these markets.

    • Acquisition and partnerships: Apogee can consider strategic acquisitions or partnerships to enhance its product offerings, expand its customer base, or gain access to new markets. Collaborating with other industry players can provide synergistic benefits and help Apogee strengthen its competitive position.


    • Intense competition: The glass and building products industry is highly competitive, with numerous players offering similar products and services. Apogee faces the risk of losing market share to competitors who may offer lower prices, better technology, or more extensive distribution networks.

    • Economic downturns: Apogee's business is susceptible to economic cycles and fluctuations in construction activity. During economic downturns, demand for construction-related products can decline, impacting the company's sales and profitability.

    • Regulatory changes: Changes in building codes, environmental regulations, or trade policies can impact Apogee's operations and increase compliance costs. Adapting to these regulatory changes requires resources and may affect the company's profitability.

    • Supply chain disruptions: Any disruptions in the supply chain, such as logistics issues, natural disasters, or labor strikes, can disrupt Apogee's production and delivery schedules, leading to delays and potential customer dissatisfaction.

    Key Takeaways

    • Apogee Enterprises Inc is a publicly traded company, meaning it is owned by individual and institutional investors who hold shares of the company's stock.
    • The mission statement of Apogee Enterprises Inc is to provide distinctive value through the integration of innovative glass solutions to create exceptional spaces for customers.
    • Apogee Enterprises Inc makes money primarily through the sale of architectural glass and metal products, as well as through the installation and services related to these products.
    • The Business Model Canvas of Apogee Enterprises Inc focuses on key aspects such as customer segments, value propositions, channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structure.
    • Competitors of Apogee Enterprises Inc include companies such as PPG Industries, Oldcastle BuildingEnvelope, and Nippon Sheet Glass Co., Ltd.
    • In a SWOT analysis, Apogee Enterprises Inc's strengths include its strong market position and diverse product offering, while its weaknesses may include dependence on the construction industry. Opportunities for the company may arise from increasing demand for sustainable building materials, while threats could come from economic downturns and intense competition.


    In conclusion, Apogee Enterprises Inc is a leading company in the architectural and building industries. It is publicly traded, and its ownership is distributed among various shareholders. The mission statement of Apogee Enterprises Inc is to create value for its customers and shareholders by being a leader in providing innovative glass and metal solutions.

    Apogee Enterprises Inc generates revenue through its diverse portfolio of businesses, including design, engineering, manufacturing, and installation of glass and metal products. The company's Business Model Canvas demonstrates how it creates and delivers value to its customers in a systematic and efficient manner.

    Like any other business, Apogee Enterprises Inc faces competition from several companies in the industry. Some of its notable competitors include PPG Industries, Oldcastle BuildingEnvelope, and YKK AP America Inc. These companies are constantly vying for market share and pushing the boundaries of innovation in the architectural and building materials sector.

    Lastly, conducting a SWOT analysis of Apogee Enterprises Inc reveals its strengths in terms of its strong brand recognition and diversified product portfolio. However, it also faces challenges such as global economic uncertainties and intense competition. By leveraging its strengths and addressing its weaknesses, Apogee Enterprises Inc can continue to thrive in the industry and deliver value to its stakeholders.


    What is the SWOT analysis of an enterprise?

    SWOT analysis is a strategic planning tool used to evaluate the strengths, weaknesses, opportunities, and threats of an enterprise. It helps in identifying internal and external factors that impact the organization's performance and competitiveness. Here is a breakdown of each component in the SWOT analysis:

    1. Strengths: These are the positive internal attributes and resources that give the enterprise a competitive advantage. They could include factors such as a strong brand reputation, skilled workforce, efficient processes, unique products or services, financial stability, or proprietary technology.

    2. Weaknesses: These are the internal aspects that put the enterprise at a disadvantage compared to its competitors. Weaknesses can be areas for improvement such as lack of expertise, outdated technology, poor customer service, limited financial resources, or low brand recognition.

    3. Opportunities: These are external factors or situations that the enterprise can leverage to its advantage. Opportunities could arise from market trends, technological advancements, new customer segments, emerging markets, partnerships, or changes in regulations.

    4. Threats: These are external factors that pose risks or challenges to the enterprise's success. Threats may include intense competition, economic downturns, changing consumer preferences, government regulations, disruptive technologies, or supplier issues.

    By conducting a SWOT analysis, an enterprise can gain a comprehensive understanding of its internal strengths and weaknesses, as well as external opportunities and threats. This analysis serves as a basis for developing strategies to capitalize on strengths and opportunities, while mitigating weaknesses and threats.

    How can I find a SWOT analysis on a company?

    There are several ways to find a SWOT analysis on a company:

    1. Company website: Start by visiting the company's official website. Many companies have an "About Us" or "Investor Relations" section where they provide detailed information about their strengths, weaknesses, opportunities, and threats.

    2. Business databases: There are numerous business databases available online, such as Bloomberg, Hoovers, or Morningstar, which provide comprehensive financial and company information. These databases often include SWOT analyses for various companies.

    3. Business news and magazines: Business news websites like Forbes, Business Insider, or Bloomberg often publish articles or reports that include SWOT analyses on specific companies. Search for the company name along with "SWOT analysis" on these platforms to find relevant articles.

    4. Market research reports: Market research firms, such as IBISWorld, Statista, or MarketResearch.com, often produce reports that include SWOT analyses for companies in various industries. These reports can usually be accessed by purchasing or subscribing to their services.

    5. Academic resources: University libraries or academic databases, such as JSTOR or EBSCOhost, often contain scholarly articles or research papers that may include SWOT analyses. These resources require a subscription or access through an educational institution.

    6. Online search: Conducting a simple online search with the company name and "SWOT analysis" can often yield results. Many websites specialize in providing free SWOT analyses for various companies. However, be cautious and ensure the credibility of the source before using the information.

    Remember to cross-reference multiple sources to obtain a comprehensive and accurate SWOT analysis.

    Who are Apogee Enterprises competitors?

    Some of Apogee Enterprises' competitors include PPG Industries, Inc., Nippon Sheet Glass Co., Ltd., Vitro, S.A.B. de C.V., AGC Inc., and YKK AP America Inc.

    What is a SWOT analysis for a manufacturer company?

    A SWOT analysis for a manufacturing company involves assessing its strengths, weaknesses, opportunities, and threats. Here is an example of a SWOT analysis for a manufacturer:


    1. Established brand reputation and recognition in the market.
    2. Strong manufacturing capabilities and efficient production processes.
    3. Wide range of product offerings and customization options.
    4. Strong distribution network and established customer base.
    5. Skilled and experienced workforce.


    1. High dependence on a limited number of suppliers for raw materials.
    2. Limited geographic presence and market reach.
    3. Lack of diversification in product portfolio.
    4. Relatively high production costs compared to competitors.
    5. Limited technological integration and automation in manufacturing processes.


    1. Growing demand for sustainable and eco-friendly products.
    2. Expansion into new markets or regions.
    3. Introduction of innovative products to meet changing customer needs.
    4. Strategic partnerships and collaborations with suppliers or distributors.
    5. Adoption of advanced manufacturing technologies to improve efficiency.


    1. Intense competition from domestic and international manufacturers.
    2. Fluctuating raw material prices and supply chain disruptions.
    3. Changing government regulations and compliance requirements.
    4. Economic downturns and market volatility.
    5. Rapid technological advancements that may require significant investments to stay competitive.

    It is important to note that the SWOT analysis may vary based on the specific circumstances and characteristics of a manufacturing company.

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