General Electric Company (NYSE:GE) plans to report fourth-quarter and full-year financial results on Friday, January 17, 2014 at 08:30am EST. Afterwards, �Jeff Immelt, Chairman and CEO - GE; Jeff Bornstein - Senior Vice President & Chief Financial Officer; and Trevor Schauenberg, VP Investor Communications - GE will host a webcast to discuss 4th quarter and total year 2013 results.
Wall Street anticipates that the transitioning company will earn $0.53 per share for the quarter, which is 20.45% better than last year's $0.44 per share. iStock expects the Dow Jones member to beat Wall Street's consensus number. The iEstimate is $0.54; a penny better than the street's outlook.
[Related -General Electric Company (GE): GE Shares At An Inflection Point]
General Electric Company is getting back to his roots by focusing on diversified machinery and away from the finical business that hurt the company during the subprime meltdown.
Top Performing Companies To Own For 2015: Graco Inc (GGG)
Graco Inc. (Graco), incorporated in 1926, design, manufacture and sell equipment that pumps, meters, mixes, dispenses and sprays a variety of fluids and semi-solids. The Company operates in three segments: Industrial, Contractor and Lubrication. Primary users of its equipment include contractors and original equipment manufacturers, who uses its equipment in a variety of applications in the construction, manufacturing, processing and maintenance industries. Its equipment is used to paint, finish, fill, glue and seal a wide range of goods and materials. Graco sells its equipment through third-party distributors worldwide. The Company sells its products in geographic markets, such as the Americas (North and South America), Europe (including the Middle East and Africa) and Asia Pacific. In January 2014, the Company announced that it has completed the acquisition of QED Environmental Systems and EcoQuip.
Industrial Segment
The segment includes the Industrial Products and the Applied Fluid Technologies divisions. End users of its industrial equipment require solutions to their manufacturing and maintenance challenges and are driven to purchase its industrial equipment by the return on investment that its products provide. The Industrial Products division markets its equipment and services to customers who manufacture, assemble, maintain, repair and refinish products, such as appliances, vehicles, airplanes, electronics, cabinets and furniture, and other articles. In addition to marketing its equipment to customers in similar industries, the Applied Fluid Technology division also sells to contractors who use its plural component equipment to apply foam insulation and protective coatings to buildings and other structures. Most Industrial segment equipment is sold worldwide through general and specialized third-party distributors, integrators, design centers, original equipment manufacturers and material suppliers.
The Industrial Products division focuses its product de! velopment and sales on two main applications: equipment that applies paint and other coatings to products, such as motor vehicles, appliances, furniture and other industrial and consumer products (finishing), and process pump equipment that moves and dispenses chemicals and liquid and semi-solid foods (process pumps). It�� finishing equipment pumps, meters and applies liquids on all types of wood, metal and plastic. Manufacturers in the automotive, automotive feeder, truck/bus/recreational vehicle, military and utility vehicle, aerospace, farm and construction, wood and general metals industries use its liquid finishing products. Its liquid finishing equipment includes paint circulating and paint supply pumps, paint circulating advanced control systems, plural component coating proportioners, various accessories to filter, transport, agitate and regulate fluid, and spare parts, such as spray tips, seals and filter screens.
The Company�� process pumps move chemicals, petroleum, food and other fluids. Manufacturers and processors in the food and beverage, dairy, pharmaceutical, cosmetic, oil and gas, electronics, wastewater, mining and ceramics industries use its process pumps. It offers pumps for sanitary applications, including Food and Drug Administration (FDA )-compliant 3-A sanitary pumps, diaphragm pumps, transfer pumps and drum and bin unloaders. Its process pumps provide a mechanized solution to a manual process in a factory of moving fluids from large barrels into equipment that dispenses the fluid into jars or other containers. During the year ended December 31, 2011, the Company purchased certain peristaltic pumps assets of Eccentric Pumps, LLC, provided the Company with an entry into the industrial peristaltic pump industry.
The Applied Fluid Technologies division directs its engineering, sales and marketing efforts toward two types of applications: equipment to pump, meter, mix and dispense high performance protective coatings and polyurethane foam (protective c! oatings a! nd foam); and equipment to pump, meter, mix and dispense sealants, adhesives, molded polyurethane parts and composites (advanced fluid dispense). It offers sprayer systems and plural component proportioning equipment to apply protective coatings and foam to a wide variety of surfaces. Reactor plural component pumps are used to apply foam to insulate things, such as walls, water heaters, refrigeration, and hot tubs, create commercial roofing membranes and for packaging, architectural design and cavity filling. This equipment is also used to apply two-component polyurea coatings to tanks, pipes, roofs, truck beds and foundations.
Graco�� XM Plural-Component Sprayer series is and XP70 plural component sprayers are used for corrosion-control applications, such as tank and pipeline coatings, shipbuilding, marine and railcar maintenance, wind tower coating, bridge and infrastructure projects and coating structural steel. The XM sprayers provide precise and variable ratio control in a highly configurable system. The XP70 sprayers are fixed ratio units and intended for applications where variable ratio capability is not required. It offers pumps, meters, applicators and valves for the metering, mixing and dispensing of precision beads of sealant and adhesive to bond, mold, seal, vacuum encapsulate, pot, laminate and gasket parts and devices in a variety of industrial applications. The HFR Metering System is an in-plant, hydraulic, fixed-ratio metering system that applies a range of materials used for noise dampening, insulation and structural integrity. It also offers advanced composites equipment, which includes gel coat equipment, chop and wet-out systems, resin transfer molding systems and applicators , which are used for example in the manufacture of vehicles, aircraft, boats, wind turbines and bridge materials.
Contractor Segment
The Contractor segment directs its product development, sales and marketing of three applications: paint, texture, and pavement mainten! ance. The! Contractor segment markets airless paint and texture sprayers (air, gas, hydraulically- and electrically-powered), accessories, such as spray guns, hoses and filters and spare parts, such as tips and seals to professional painters in the construction and maintenance industries, tradesmen and do-it-yourselfers. The products are distributed primarily through distributor outlets whose main products are paint and other coatings. Contractor products are also sold through general equipment distributors. Certain sprayers and accessories are distributed globally through the home center channel.
Contractor equipment encompasses a variety of sprayers, including sprayers that apply markings on roads, parking lots, fields, bike paths, crosswalks and floors; texture to walls and ceilings; highly viscous coatings to roofs; and paint to walls and structures. Many of these sprayers and their accessories contain one or more technological features, such as micro-processor-based controls for consistent spray and protective shut-down, a pump that may be removed and re-installed without tools, an easy-clean feature, gas/electric convertibility, and a durable pump finish. The Company offers a line of professional grade handheld paint sprayers, and in 2011, it introduced a fine finish handheld paint sprayer that sprays lacquers, varnishes, urethanes, sealers, stains and enamels. Contractor equipment also includes pressure washers, and scarifiers that remove markings on roads and other surfaces.
Lubrication Segment
The Lubrication segment focuses its engineering, marketing and sales of two lubrication applications: vehicle services and industrial. The Lubrication segment markets and sells its lubrication equipment worldwide, although the bulk of its sales come from North America. Its lubrication products are sold through independent third party distributors and oil jobbers, and directly to original equipment manufacturers. The Company supplies pumps, hose reels, meters, valves and accessorie! s to the ! motor vehicle lubrication industry. Its customers include fast oil change facilities, service garages, fleet service centers, automobile dealerships and auto parts stores.
In industrial lubrication, the Company offers systems, components, and accessories for the automatic lubrication of industrial and commercial equipment, compressors, turbines, and on- and off-road vehicles. Industries served include gas transmission and petrochemical, pulp and paper, mining and construction, agricultural equipment, food and beverage, material handling, metal manufacturing and wind energy. It offers products that automatically lubricate bearings, gears and generators, and products that evacuate and dispense oil, grease, anti-freeze and hydraulic fluids, from wind power components.
Advisors' Opinion:- [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, fluid handling solutions specialist Graco (NYSE: GGG ) has earned a respected four-star ranking.
- [By Seth Jayson]
Graco (NYSE: GGG ) is expected to report Q1 earnings on April 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Graco's revenues will increase 16.1% and EPS will expand 25.9%.
Best Machinery Companies To Buy For 2014: Mueller Industries Inc (MLI)
Mueller Industries, Inc., incorporated on October 03, 1990, is a manufacturer of copper, brass, plastic, and aluminum products. The Company�� products include copper tube and fittings; brass and copper alloy rod, bar, and shapes; aluminum and brass forgings; aluminum and copper impact extrusions; plastic pipe, fittings and valves; refrigeration valves and fittings; fabricated tubular products; and steel nipples. The Company also resells imported brass and plastic plumbing valves, malleable iron fittings, faucets and plumbing specialty products. Mueller�� operations are located throughout the United States and in Canada, Mexico, Great Britain, and China. The Company has two segments: the Plumbing & Refrigeration segment and the Original Equipment Manufacturers (OEM) segment. The Plumbing & Refrigeration segment is composed of the Standard Products Division (SPD), European Operations, and Mexican Operations. The OEM segment is composed of the Industrial Products Division (IPD), Engineered Products Division (EPD), and Jiangsu Mueller-Xingrong Copper Industries Limited (Mueller-Xingrong), the Company�� Chinese joint venture. On August 16, 2012, the Company acquired 100% of the stock of Westermeyer Industries, Inc. (Westermeyer), located in Bluffs, Illinois. Westermeyer designs, manufactures, and distributes high-pressure components and accessories for the air-conditioning and refrigeration markets. In October 2013, Commercial Metals Company completed the sale of Howell Metal Company, to Mueller Copper Tube Products, Inc., a subsidiary of Mueller Industries, Inc.
Plumbing & Refrigeration segment
SPD manufactures and sells copper tube, copper and plastic fittings, plastic pipe, and valves in North America and sources products for import distribution in North America. European Operations manufacture copper tube in Europe, which is sold in Europe and the Middle East; activities also include import distribution in the United Kingdom and Ireland. Mexican Operations consist of pi! pe nipple manufacturing and import distribution businesses, including product lines of malleable iron fittings and other plumbing specialties. The Plumbing & Refrigeration segment sells products to wholesalers in the heating, ventilation, and air-conditioning (HVAC), plumbing, and refrigeration markets, to distributors to the manufactured housing and recreational vehicle industries, and to building material retailers.
Mueller�� Plumbing & Refrigeration segment includes SPD, which manufactures a line of copper tube, in sizes ranging from 1/8 inch to eight inch diameter, which are sold in various straight lengths and coils. Mueller is in the air-conditioning and refrigeration service tube markets. In addition, Mueller supplies a variety of water tube in straight lengths and coils used for plumbing applications in virtually every type of construction project. SPD also manufactures copper and plastic fittings and related components for the plumbing and heating industry that are used in water distribution systems, heating systems, air-conditioning, and refrigeration applications, and drainage, waste, and vent systems. SPD�� products are used in the domestic residential and commercial construction markets. The Plumbing & Refrigeration segment also fabricates steel pipe nipples and resells imported brass and plastic plumbing valves, malleable iron fittings, faucets, and plumbing specialty products to plumbing wholesalers, distributors to the manufactured housing and recreational vehicle industries and building materials retailers.
The Company competes with Cerro Flow Products, Inc., Cambridge-Lee Industries LLC , Wolverine Tube, Inc., KobeWieland Copper Products LLC, Howell Metal Company, Elkhart Products Company, NIBCO, Inc. and Charlotte Pipe & Foundry.
OEM segment
The OEM segment manufactures and sells brass and copper alloy rod, bar, and shapes; aluminum and brass forgings; aluminum and copper impact extrusions; refrigeration valves and fittings; fabr! icated tu! bular products, and gas valves and assemblies. Mueller-Xingrong manufactures engineered copper tube primarily for air-conditioning applications. The products are sold primarily to OEMs located in China. The OEM segment sells its products primarily to original equipment manufacturers, many of which are in the HVAC, plumbing, and refrigeration markets.
Mueller�� OEM segment includes IPD, which manufactures brass rod, nonferrous forgings, and impact extrusions that are sold primarily to OEMs in the plumbing, refrigeration, fluid power, and automotive industries, as well as to other manufacturers and distributors. The Company extrudes brass, bronze and copper alloy rod in sizes ranging from 3/8 inches to four inches in diameter. These alloys are used in applications that require a high degree of machinability, wear and corrosion resistance, as well as electrical conductivity. IPD also manufactures brass and aluminum forgings, which are used in a variety of products, including automotive components, brass fittings, industrial machinery, valve bodies, gear blanks, and computer hardware. IPD also serves the automotive, military ordnance, aerospace, and general manufacturing industries with cold-formed aluminum and copper impact extrusions. The OEM segment also includes EPD, which manufactures and fabricates valves and custom OEM products for refrigeration and air-conditioning, gas appliance, and barbecue grill applications. In addition, EPD manufactures shaped and formed tube, produced to tight tolerances, for baseboard heating, appliances, and medical instruments.
The Company competes with Chase Brass and Copper Company.
Advisors' Opinion:- [By Neil Macneale]
Among the potential addition to our portfolio, Mueller Industries (MLI) may seem among the least likely. It�� a very small-cap company ($1.8B) and it�� not very well known (covered by only two analysts).
- [By Ben Levisohn]
The iShares Russell 2000 ETF (IWM) has dropped 5.2% so far this year, while Mueller Industries (MLI), which has plunged 55%, Medidata Solutions (MDSO), which has plummeted 44%, Financial Engines (FNGN), which has slid 42%, and Isis Pharmaceuticals (ISIS), which has tumbled 42%, are the index’s biggest losers.
- [By Seth Jayson]
Mueller Industries (NYSE: MLI ) reported earnings on July 23. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 29 (Q2), Mueller Industries met expectations on revenues and beat expectations on earnings per share.
Best Machinery Companies To Buy For 2014: Danieli & C Officine Meccaniche SpA (DAS)
Danieli & C Officine Meccaniche SpA is an Italy-based company primarily engaged in industrial sector. The Company designs, manufactures, sales and makes installation of machines and plants for the metallurgical industry. The Company's portfolio includes mines; pellet production plants; blast furnaces; direct reduction equipment; machinery for the treatment of scrap metal; steelworks for production of liquid steel; continuous casting machinery for blooms, billets and slabs; rolling mills for long products, seamless tubes and flat products; production lines for welded tubes and flat products; plants for secondary processing, such as peeling, rolling and drawing; forging presses and manipulators; extrusion presses for ferrous and non-ferrous metals; plants for longitudinal and transversal cutting; automation and control systems, and cranes and lifting equipment. It is also active in the production and sale of special steel for automotive, machine tools and railway industry, among others. Advisors' Opinion:- [By Damian Illia]
Crown Castle has acquired recently the privately held company NextG Networks Inc., largest provider of outdoor Distributed Antenna Systems (DAS), with more than 7,000 DAS plus another 1,500 nodes in the pipeline, and over 4,600 miles fiber-optic cable�� transmission rights. Through this addition, the company has improved greatly its DAS network across 26 United States metropolitan areas. As NextG has only 1.7 tenants per network on an average and thus underutilizing its capacity, Crown Castle will increase customers with no integration and rearrangement costs. Another company�� big move was the acquisition of 9,700 wireless towers from AT&T Inc. (T) Located in the top 100 markets in the U. S. T-Mobile is likely to maintain its infrastructure in these towers for the next 10 years. On top of all, the recent conversion of business into a REIT has represented long term benefits for the company in terms of tax savings and enhancing shareholders��wealth.
Best Machinery Companies To Buy For 2014: Cleantech Transit Inc (CLNO)
Cleantech Transit, Inc., incorporated on June 28, 2006, is a development-stage company. The Company focuses to explore opportunities in the development and production of hybrid, electric, alternative fuel and diesel heavy duty transit buses, luxury motor coaches and tour buses. On July 11, 2011, the Company formed Cleantech Energy, Inc. as a wholly owned subsidiary. In February 2013, the Company announced that acquired from Crown Equity Holdings Inc., Crown Buy Rite.
On July 25, 2011, the Company formed Cleantech Exploration Corp. as a wholly owned subsidiary. On October 31, 2011, the Company acquired a 40% interest in Ortigalita Power Systems, LLC a waste power generating project in California.
Advisors' Opinion:- [By CRWE]
Cleantech Transit, Inc. (OTCMKTS:CLNO) (www.cleantechtransit.net) through its Discovery Carbon subsidiary, develops emissions offset strategies for companies, municipalities, and countries. CLNO currently has surged (+15.31%) up +0.020 at $.150 with 436,269 shares in play thus far (ref. google finance Delayed:� 1:18PM June 24, 2013).�Earlier this�morning (June 24, 2013), this company hit as low as $.13 and as high as $15. The fact that their is�under a million shares in play thus far only ignites the excitement that CLNO brings to the table.
Today�(June 24) CLNO�� daily range was at ($.15 – $.13) currently at $.150 would be considered a (+13536.36%) gain above the 52 wk low of $.0011. Eventhough CLNO has surged (+15.31%) up +0.020 at $.150 with 436,269 shares in play� thus far (ref. google finance Delayed:� 1:18PM June 24, 2013), the stock is up +9833.33% since the concerning dates of December 26, 2013 ��June 24, 2013. +9833.33% is the 6 month high and rightly so.
Earlier this month (June 3), CLNO acquired control of Discovery Carbon Environmental Securities Corporation (��iscovery��. The acquisition advances the strategy of developing significant market share in the alternative clean energy sector. Discovery�� proprietary GreenTrees��for renewable energy, and EvoCert��environmental credits for offsetting business and individual carbon foot prints are some of the exciting products Discovery provides to clients throughout the world.
CLNO reported last Friday (June 21), that it has acquired 81% of the issued and outstanding shares of Discovery Carbon Environmental Securities Corporation (��iscovery��, a Nevada corporation. The acquisition advances the strategy of developing significant market share in the alternative clean energy sector. Discovery�� proprietary GreenTrees��for renewable energy, and EvoCert��environmental credits for offsetting business and individual carbon foot prints are some of the exciti
Best Machinery Companies To Buy For 2014: Energy Recovery Inc (ERII)
Energy Recovery, Inc. incorporated in April 1992, is engaged in developing, manufacturing and selling of energy recovery devices and circulation pumps primarily for uses in seawater desalination plants that use reverse osmosis technology. The Company's products are sold under the trademarks AquaBold, AquaSpire, ERITM, PXT, Pressure Exchanger, PX Pressure Exchanger, PEIT, Pump Engineering and Quadribaric. The Company develops and sells two main lines of energy recovery devices: PX pressures Exchanger devices and turbochargers. Each line includes a range of models and sizes to address the breadth of required process flow rates, plant designs and sizes. The company has two wholly owned subsidiaries: Energy Recovery Iberia, S.L. and ERI Energy Recovery Ireland Ltd. During the year ended December 2011, the Company merged three subsidiaries including, Osmotic Power, Inc.; Energy Recovery, Inc. International and Pump Engineering, Inc. into the parent company, Energy Recovery, Inc.
Energy recovery devices
The Company's PX offering includes: the PX-300 and PX-Q300; the 65 series (the PX-260, PX-220 and PX-180); the 4S series (PX-140S, PX-90S, PX-70S, PX-45S and PX-30S) and brackish PX devices (for the desalination of water with a lower concentration of salt than seawater). The Company's turbocharger offering includes: the HTCAT series (HTCAT-1800, HTCAT-2400, HTCAT-3600, HTCAT-4800, HTCAT-7200 and HTCAT-9600); the HALO line (HALO-50, HALO-75, HALO-100, HALO-150, HALO-225, HALO-300, HALO-450, HALO-500, HALO-600, HALO-900 and HALO-1200) and the LPT series for brackish water desalination applications (LPT-63, LPT-125, LPT-250, LPT-500, LPT-1000, LPT-2000 and LPT-3200).
High-pressure and Circulation pumps.
The Company manufactures and sells high-pressure feed, circulation and booster pumps for uses with its energy recovery devices in reverse osmosis desalination plants. The Company's line of pumps includes the AquaBold series (AquaBold 2x3x5, AquaBold 3x4x7 and ! AquaBold 4x6x9); the AquaSpire series (AquaSpire-300, AquaSpire-450, AquaSpire-600, AquaSpire-900, AquaSpire-1200, AquaSpire-1800, AaquaSpire-2400, AquaSpire-3600, AquaSpire-4800, AquaSpire-7200 and AquaSpire-9600) and a line of small circulation pumps.
Technical support and Replacement parts
The Company provides engineering and technical support to customers during product installation and plants commissioning. The Company also offers replacement parts and services for its PX devices and turbochargers. The Company's PX devices and turbochargers are also used to retrofit or replace older energy recovery devices in existing desalination plants.
The Company Competes with Flowserve Corporation (Flowserve) based in Irving, Texas and Fluid Equipment Development Company, Clyde Union Ltd., Duchting Pumpen Maschinenfabrik GmbH & Co KG, KSB Aktiengesellschaft, Torishima Pump Mfg. Co., Ltd. and Sulzer Pumps, Ltd.
Advisors' Opinion:- [By Ant贸nio Costa]
Energy Recovery, Inc. (NASDAQ: ERII) broke out of a small consolidation area with heavy volume and will likely have the attention of the swing-traders in the next days.
Best Machinery Companies To Buy For 2014: Flowserve Corp (FLS)
Flowserve Corporation, incorporated on May 1, 1912, is a manufacturer and aftermarket service provider of flow control systems. The Company develops and manufacture precision-engineered flows control equipment integral to the movement, control and protection of the flow of materials in its customers' critical processes. The Company operates in three segments: Engineered Product Division (EPD), which includes long leads time, custom and other engineered pumps and pump systems, mechanical seals, auxiliary systems and replacement parts and related services, Industrial Product Division (IPD), which includes pre-configured engineered pumps and pump systems and related products and services, and Flow Control Division (FCD), which includes engineered and industrial valves, control valves, actuators and controls and related services. Effective December 10, 2013, Flowserve Corp acquired Innovative Mag-Drive LLC.
Through the Company's manufacturing platform and global network of Quick Response Centers (QRCs), the Company offers an array of aftermarket equipment services, such as installation, advanced diagnostics, repair and retrofitting. The Company's product portfolio of pumps, valves, seals, automation and aftermarket services supports global infrastructure industries, including oil and gas, chemical, power generation and water management, as well as certain general industrial markets where the Company's products and services add value. The Company sells its products and services to more than 10,000 companies, including some of the engineering, procurement and construction firms (EPC), original equipment manufacturers, distributors and end users.
Engineered Product Division
The Company designs, manufactures, distributes and services engineered pumps and pumps systems, mechanical seals, auxiliary systems, replacement parts and related equipment. The business primarily consists of long lead time, engineered, configured products, which require extensive test requirements a! nd project management skills. EPD products and services are primarily used by companies that operate in the oil and gas, power generation, chemical, water management and general industries. The Company markets its pump and mechanical seals products through its global sales force and its regional QRCs and service and repair centers or through independent distributors and sales representatives. A portion of the Company's mechanical seal products are sold directly to original equipment manufacturers for incorporation into rotating equipment requiring mechanical seals. The Company's pump products are manufactured in a range of metal alloys and with a variety of configurations to meet the critical operating demands of the Company's customers.
The Company also manufactures a gas-lubricated mechanical seal that is used in high-speed compressors for gases pipelines and in the oil and gas production and process markets. The Company's products are manufactured at 29 plants worldwide, nine of which are located in Europe, 11 in North America, four in Asia Pacific and five in Latin America. The Company also conducts business through strategic foreign joint ventures. The Company has six unconsolidated joint ventures that are located in China, India, Japan, Saudi Arabia, South Korea and the United Arab Emirates, where a portion of its products are manufactured, assembled or serviced in these territories. The Company manufactures more than 40 different active types of pumps and approximately 185 different models of mechanical seals and sealing systems.
The Company's EPD products include between bearings pumps, which include single case- axially split, single case- radially split, double case; overhung pumps, which includes api process; positive displacement pumps, which includes multiphase, reciprocating and screw; mechanical seals and seal support systems, which includes gas barrier seals and dry-running seals, and specialty products, which includes nuclear pumps, nuclear seals, cryogenic p! umps, cry! ogenic liquid expander, hydraulic decoking systems, and API slurry pumps. The Company�� EPD Brand Names include BW Seals, Byron Jackson, Calder Energy Recovery Devices, Cameron, Durametallic, Five Star Seal, Jeumont-Schneider, and Interseal. EPD Services includes provision of engineered aftermarket services through its global network of 128 QRCs, some of which are co-located in manufacturing facilities, in 41 countries. Its EPD service personnel provide a comprehensive set of equipment services for flow management control systems, including installation, commissioning, repair, advanced diagnostics, re-rate and retrofit programs, machining and comprehensive asset management solutions. The Company provides asset management services and condition monitoring for rotating equipment through special contracts with many of its customers that reduce maintenance costs.
Industrial Product Division
The Company designs , manufactures, distributes and services pre-configured engineered pumps and pumps systems, including submersible motors, for industrial markets. IPD's standardized, general purpose pump products are primarily utilized by the oil and gas, chemical, water management, power generation and general industries. The Company's products are manufactured in 12 manufacturing facilities, three of which are located in the United States and six in Europe. IPD operates 20 QRCs worldwide, including 11 sites in Europe, three in the United States , five in Asia Pacific and one in Latin America. The Company manufactures approximately 40 different active types of pumps available in a wide range of metal alloys and non-metallics with a variety of configurations. The products includes Overhung, which includes Chemical Process ANSI and ISO, Industrial Process , and Slurry and Solids Handling ; Specialty Products, which includes Molten Salt VTP Pump, Submersible Pump, Thruster, Geothermal Deepwell, and Barge Pump; Between Bearings, which includes Single Case- Axially Split and Single Case- Radia! lly Split! ; Vertical, which includes Wet Pit, Deep Well Submersible Motor, Slurry and Solids Handling, and Sump; Positive Displacement, which includes Gear. The Company�� brands include Aldrich, Durco, IDP, Pacific, Pleuger, Scienco, Sier Bath, Western Land Roller, TKL, Worthington, and Worthington-Simpson. The Company markets its pump products through its worldwide sales force and its regional service and repair centers or through independent distributors and sales representatives. The Company provide an array of aftermarket services including product installation and commissioning services, spare parts, repairs, re-rate and upgrade solutions, advanced diagnostics and maintenance solutions through its global network of QRCs.
Flow Control Division
The Company�� FCD designs, manufactures, distributes and services a portfolio of industrial valve and automation solutions, including isolation and control valves, actuation, controls and related equipment. In addition, FCD offers energy management products, such as steam traps, boiler controls and condensate and energy recovery systems. FCD products are used to control, direct and manage the flow of liquids and gases and are an integral part of any flow control system. The Company's valve products are often customized and engineered to perform specific functions within each customer's unique flow control environment. The Company's flow control products are primarily used by companies operating in the chemical (including pharmaceutical), power generation (nuclear, fossil and renewable), oil and gas, water management and general industries (including aerospace, pulp and paper and mining). FCD has 58 sites worldwide, including 25 principal manufacturing facilities ( five of which are located in the United States and 13 of which are located in Europe) and 33 QRCs, including three consolidated joint ventures. A small portion of the Company's valves are also produced through an unconsolidated joint venture in India.
The Company's pr! oducts ar! e used in a variety of applications, from general service to the severe and demanding services, including those involving high levels of corrosion, extreme temperatures and/or pressures, zero fugitive emissions and emergency shutdown. The Company's smart valve and diagnostic technologies integrate sensors, microprocessor controls and software into high performance integrated control valves, digital positioners and switchboxes for automated on/off valve assemblies and electric actuators. These technologies permit real-time system analysis, system warnings and remote indication of asset health. These technologies have been developed in response to the growing demand for reduced maintenance, improved process control efficiency and digital communications at the plant level. The Company's valve automation products encompass a range of pneumatic, electric, hydraulic and stored energy actuation designs to take advantage of whatever power source the customer has available.
The Company�� products includes valve automation systems, control valves, ball valves, gate valves, globe valves, check valves, lined plug valves, lubricated plug valves, diagnostic software, digital positioners, pneumatic positioners, intelligent positioners, pneumatic actuators, hydraulic actuators, diaphragm actuators, direct gas and gas-over-oil actuators. steam traps, boiler controls, digital communications, and valve and automation repair services. The Company�� brands include Accord, Anchor/Darling, Argus, Atomac, Durco, Edward, Flowserve, Gestra, Kammer, Limitorque, McCANNA/MARPAC, NAF, NAVAL, Noble Alloy, Norbro, Nordstrom, PMV, Serck Audco, Schmidt Armaturen, Valbart, Valtek, Vogt, and Worcester Controls. The Company provides equipment maintenance services for flow control systems, including advanced diagnostics, repair, installation, commissioning, retrofit programs and field machining capabilities.
The Company competes with Sulzer Pumps, Ebara Corp., SPX Corp., Eagle Burgmann, A. W. Chesterton Co. an! d AES Cor! p, John Crane Inc., and Weir Group Plc, ITT Industries, KSB Inc., Sulzer Pumps, Pentair Ltd., Cameron International Corp., Emerson Electric Co., General Electric Co. and Crane Co.
Advisors' Opinion:- [By Jim Jubak]
Some individual stocks are already close to, or slightly over, that 3% dip benchmark. Cummins (CMI), for example, is down 2.9% from December 2 through the December 4 close. Flowserve (FLS) is down 3.4% from November 25 through December 4.
- [By Ben Levisohn]
Xylem’s big day has also boosted other water-infrastructure stocks. Flowserve (FLS) has gained 1.2% to $70.59, Idex Corp. (IEX) has risen 0.5% to $68.69 and Thermo Fisher Scientific (TMO) has advanced 0.4% t0 $98.22.
- [By Jim Jubak]
So, why did shares of Flowserve (FLS) soar 5.7%, yesterday?
Sure, the maker of all things that move water and other fluids beat Wall Street earnings projections for the fourth quarter by 6 cents a share (after excluding one-time charges) and revenue climbed 4.6% year over year, matching analyst estimates.
- [By Charles Carlson]
If you are new to DRIP investing, treat yourself to a few DRIPs this holiday season. Trust me��t'll change your life.
American Water Works (AWK)��ielding 2.7% with a DRIP minimum of $100
Cincinnati Financial (CINF)��ielding 3.2% with a DRIP minimum of $25
CVS Caremark (CVS)��ielding 1.4% with a DRIP minimum of $100
Dominion Resources (D)��ielding 3.4% with a DRIP minimum of $40
Domino's Pizza (DPZ)��ielding 1.2% with a DRIP minimum of $65
Eaton (ETN)��ielding 2.3% with a DRIP minimum of $100
Flowserve (FLS)��ielding 0.8% with a DRIP minimum of $100
Kellogg (K)��ielding 3.0% with a DRIP minimum of $50
New Jersey Resources (NJR)��ielding 3.7% with a DRIP minimum of $100
Quest Diagnostics (DGX)��ielding 2.0% with a DRIP minimum of $100
Tim Hortons (THI)��ielding 1.7% with a DRIP minimum of $25
Subscribe to Dow Theory Forecasts here��/p>
Best Machinery Companies To Buy For 2014: Blount International Inc (BLT)
Blount International, Inc. (Blount) is a global industrial company. The Company designs, manufactures, and markets equipment, replacement and component parts, and accessories for professionals and consumers. The Company operates in two segments: Forestry, Lawn, and Garden (FLAG) segment and Farm, Ranch, and Agriculture (FRAG). It also manufactures and markets such items to original equipment manufacturers (OEMs) under private label brand names. The Company specializes in manufacturing cutting parts and equipment used in forestry, lawn and garden; farming, ranching, and agricultural, and construction applications. Blount also purchases products manufactured by other suppliers that are aligned with the markets it serves and markets them, under one of its brands, through its global sales and distribution network. Its products are sold in over 115 countries and approximately 63% of the Company�� sales were made outside of the United States during the year ended December 31, 2011. It has manufacturing operations in the United States, Brazil, Canada, China, France, and Mexico. In addition, it operates marketing, sales, and distribution centers in Asia, Europe, North America, and South America.
On March 1, 2011, through its indirect wholly owned subsidiary Blount Netherlands B.V. (Blount B.V.), the Company acquired KOX GmbH and related companies (collectively KOX), a Germany-based direct-to-customer distributor of forestry-related replacement parts and accessories, primarily serving professional loggers and consumers in Europe. On August 5, 2011, through Blount Holdings France SAS, it acquired Finalame SA, which included PBL SAS and related companies (collectively PBL). On September 7, 2011, through its indirect wholly owned subsidiary SP Companies, Inc., the Company acquired GenWoods HoldCo, LLC and its wholly owned subsidiary, Woods Equipment Company (collectively Woods/TISCO). Woods/TISCO is a manufacturer and marketer of tractor attachments, implements, and replacement parts, primarily for! the agriculture, ground maintenance, and construction end markets.
Forestry, Lawn, and Garden Segment
The FLAG segment, manufactures and markets cutting chain, guide bars, and drive sprockets for chain saw use, and lawnmower and edger blades for outdoor power equipment. The FLAG segment also purchases replacement parts and accessories from other manufacturers and markets them, primarily under its brands, to its FLAG customers through the Company�� global sales and distribution network. The FLAG segment includes the operations of the Company that has served the forestry, lawn, and garden markets, as well as Carlton, KOX, and a portion of the PBL business. Its Forestry Products are sold under the Oregon, Carlton, KOX, Tiger, and Windsor brands, as well as under private labels for some of its OEM customers. Manufactured product lines include a range of cutting chain, chain saw guide bars, and cutting chain drive sprockets used on portable gasoline and electric chain saws and on mechanical timber harvesting equipment. The Company also purchases and markets replacement parts and other accessories for the forestry market, including small chain saw engine replacement parts, safety equipment and clothing, lubricants, maintenance tools, hand tools, and other accessories used in forestry applications. In 2011, the Company marketed a line of cordless electric chain saws under the Oregon PowerNow brand.
Blount�� lawn and garden products are sold under the Oregon and PBL brand names, as well as private labels for some of its OEM customers. Manufactured product lines include lawnmower and edger cutting blades designed to fit a variety of machines and cutting conditions. It also purchases and markets various cutting attachments, replacement parts, and accessories for the lawn and garden market, such as cutting line for line trimmers, air filters, spark plugs, lubricants, wheels, belts, grass bags, maintenance tools, hand tools, and accessories to service the lawn and garde! n equipme! nt industry. Its FLAG products are sold under both its own brands and private labels to OEMs for use on new chain saws and lawn and garden equipment, and to professionals and consumers as replacement parts through distributors, dealers, direct sales companies, and mass merchants. During 2011, approximately 21% of the FLAG segment�� sales were to OEMs, with the remainder sold into the replacement market.
The Company competes with Ariens, Briggs & Stratton, Fisher Barton, Husqvarna, Jaekel, John Deere, MTD, Northern Tool, Rotary, Stens, Stihl and TriLink.
Farm, Ranch, and Agriculture Segment
The Company�� FRAG segment manufactures and markets attachments and implements for tractors in a variety of mowing, cutting, clearing, material handling, landscaping and grounds maintenance applications, as well as log splitters, post-hole diggers, self-propelled lawnmowers, attachments for off-highway construction equipment applications, and other general purpose tractor attachments. In addition, the FRAG segment manufactures a variety of attachment cutting blade parts. The FRAG segment also purchases replacement parts and accessories from other manufacturers that the Company markets to its FRAG customers through its sales and distribution network. The FRAG segment includes the operations of SpeeCo, Woods/TISCO, and a portion of the PBL business.
Its equipment and tractor attachment products are sold under the Alitec, CF, Gannon, Oregon, PowerPro, SpeeCo, WainRoy, and Woods brand names, as well as under private labels for some of its OEM and retail customers. Product lines include attachments for tractors in a variety of mowing, cutting, clearing, material handling, landscaping and grounds maintenance applications, as well as log splitters, post-hole diggers, self-propelled lawnmowers, snow blowers, attachments for off-highway construction equipment applications, and other general purpose tractor attachments. OEM and aftermarket parts are sold under the PBL, Sp! eeCo, TIS! CO, Tru-Power, Vintage Iron, and WoodsCare brand names, as well as under private labels for some of its OEM customers. The FRAG segment manufactures a variety of attachment cutting blade component parts sold to OEM customers for inclusion in original equipment, and as replacement parts. The FRAG segment also markets replacement parts and accessories purchased from other manufacturers, including tractor linkage, electrical, engine and hydraulic replacement parts, and other accessories used in the agriculture and construction equipment markets.
The Company competes with Alamo Group, Champion, Doosan, Dover, Great Plains, Hope Haven, John Deere, Koch Industries, MTD, Swisher, A&I, Herschel, Kondex, Rasspe, SMA and Sparex.
Concrete Cutting and Finishing Products
The Company operates a business in the specialized concrete cutting and finishing market. These products are sold primarily under the ICS brand. The principal product is a diamond-segmented chain, which is used on gasoline and hydraulic powered concrete cutting saws and equipment. It also markets and distributes gasoline and hydraulic powered concrete cutting chain saws to its customers, which include contactors, rental equipment companies, and construction equipment dealers primarily in the United States and Europe. The power heads for these saws are manufactured by a third party.
The Company competes with Husqvarna and Stihl.
Advisors' Opinion:- [By Tom Stoukas]
A gauge of basic-resources shares was the second-worst performer on the Stoxx 600. Rio Tinto and BHP Billiton Ltd. (BLT), the world�� largest mining companies, lost 4.5 percent to 2,674.5 pence and 4.6 percent to 1,728.5 pence, respectively.
- [By Corinne Gretler]
BHP Billiton Ltd. (BLT) rose 4.1 percent to 1,950.5 pence after the world�� largest mining company upgraded its projection for full-year iron-ore production to 212 million tons from its earlier forecast of 207 million tons.
- [By Corinne Gretler]
BHP Billiton (BLT) dropped 3.4 percent to 1,779 pence. Output of iron ore, its biggest earner, was 40.2 million metric tons in the three months to March 31, missing the median estimate of 42.3 million tons in a Bloomberg survey.
- [By Caroline Bennett]
Blount (NYSE: BLT ) took a few hits in this quarter's earnings report, which was released today. Sales were down 1% compared to Q3 2012, to $230.6 million, and the replacement parts manufacturer also took a $5.1 million restructuring charge for consolidating two facilities in Portland, Ore.
No comments:
Post a Comment