H.B. Fuller Significantly Advances Project Quantum Leap with Announcement of Seven Site Closures

Detailed summary

ST. PAUL, Minn., November 11, 2026--H.B. Fuller Company ("H.B. Fuller" or "the Company") (NYSE: FUL), the world’s largest pureplay adhesives company, today announced significant advancements on Project Quantum Leap, its multi-year supply chain transformation initiative designed to streamline operations, enhance manufacturing and distribution capabilities, and unlock shareholder value.

On track to achieve approximately $25 million in run-rate cost savings in FY26, with $50 million in incremental savings expected by 2030

ST. PAUL, Minn., November 11, 2026--(BUSINESS WIRE)--H.B. Fuller Company ("H.B. Fuller" or "the Company") (NYSE: FUL), the world's largest pureplay adhesives company, today announced significant advancements on Project Quantum Leap, its multi-year supply chain transformation initiative designed to streamline operations, enhance manufacturing and distribution capabilities, and unlock shareholder value.

Since outlining this program at its 2025 Investor Day, the Company has made meaningful progress on several major workstreams, with tangible benefits including:

"Project Quantum Leap is central to our strategy to drive more profitable growth by modernizing our manufacturing and distribution networks," said Celeste Mastin, President and CEO of H.B. Fuller. "We have moved decisively from planning to execution, and these results validate the opportunity to increase efficiency, reduce operating costs, and better serve our customers. As we continue consolidating production into state-of-the-art facilities, we are building a simpler, more reliable supply chain to support the next phase of value creation for H.B. Fuller shareholders."

As the largest pureplay adhesives company in the world, H.B. Fuller's (NYSE: FUL) innovative, functional coatings, adhesives and sealants enhance the quality, safety and performance of products people use every day. Founded in 1887, with 2025 revenue of $3.5 billion, our mission to Connect What Matters is brought to life by more than 7,100 global team members who collaborate with customers across more than 30 market segments in 150 countries to develop highly specified solutions that enable customers to bring world-changing innovations to their end markets. Learn more at www.hbfuller.com.

Certain statements in this press release are forward-looking statements within the meaning of the federal securities laws…

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