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Carlisle Companies Reinforces its Commitment to Innovation Through its New Accelerator

1. Carlisle launches an innovation accelerator to drive R&D investment. 2. Focus on energy efficiency and labor-saving products aligns with Vision 2030. 3. CEO Chris Koch emphasizes progress in innovation initiatives. 4. Commitment to net-zero emissions by 2050 may enhance brand reputation. 5. Investment aims to deliver superior shareholder returns through innovation.

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FAQ

Why Bullish?

Increased R&D could lead to profitable products, enhancing CSL's market competitiveness.

How important is it?

The article indicates strategic developments that align with CSL's growth and innovation goals.

Why Long Term?

Sustained innovation can yield results over years, impacting future revenue streams.

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CSL
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) is reinforcing its commitment to innovation through the development and execution of its new innovation accelerator program. The innovation accelerator program builds on Carlisle’s track record of innovation success by engaging entrepreneurs and start-ups across the globe to identify, develop, and commercialize new products that deliver energy efficiency, labor savings and integrated solutions. Chris Koch, Chair, President and Chief Executive Officer, said, “As we stated in our Vision 2030 strategy, we are increasing investment in R&D to deliver new innovative products and solutions to our customers. Our innovation accelerator is just one of many R&D investments in our portfolio of innovation initiatives. I am pleased with our progress, and I look forward to periodically sharing updates on this exciting initiative.” About Carlisle Companies Incorporated Carlisle Companies Incorporated is a leading supplier of innovative building envelope products and solutions for more energy efficient buildings. Through its building products businesses – Carlisle Construction Materials (“CCM”) and Carlisle Weatherproofing Technologies (“CWT”) – and family of leading brands, Carlisle delivers innovative, labor reducing and environmentally responsible products and solutions to customers through the Carlisle Experience. Carlisle is committed to generating superior shareholder returns and maintaining a balanced capital deployment approach, including investments in our businesses, strategic acquisitions, share repurchases and continued dividend increases. Leveraging its culture of continuous improvement as embodied in the Carlisle Operating System (“COS”), Carlisle has committed to achieving net-zero greenhouse gas emissions by 2050.

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