This week, three machinery stocks are improving their overall rating on Portfolio Grader. Each of these rates an “A” (“strong buy”) or “B” overall (“buy”).
Top Defense Stocks To Own Right Now: EMS Seven Seas ASA (EMS)
EMS Seven Seas ASA, formerly known as Eitzen Maritime Services ASA, is a Norway-based company active in the shipping industry. It is operational through two divisions: Ship Management and Ship Supply, servicing clients within the military, merchant, fisheries, offshore and cruise market segments. The Ship Management (and Insurance) unit provides technical management, crewing, newbuilding and project consultancy services, ship agency services and marine insurance brokering. It has its main operations in the Baltic, Russia, India and Singapore. Ship Supply provides provisions, duty free products, stores, spares and marine products and equipment to the merchant marine, offshore, fishing fleet, military and cruise market. This segment operates in Norway, Germany, the Netherlands, Spain, the United Arab Emirates (UAE), Djibouti and Singapore. Eitzen Maritime Services ASA is active internationally through its subsidiaries. Advisors' Opinion:- [By victorselva]
In a macro view, revenues in the electronic equipment and instrument sub-industry will remain strong due to the rise in equipment and instrument manufacturers. Distributors, electronic manufacturing service (EMS) companies and original equipment manufacturers (OEM) are going to increase orders as the economy improves in the future. With this promising outlook, let's take a look at Gabelli麓s last trade and try to explain to investors the reasons of this appealing investment opportunity.
Hot Machinery Companies To Own For 2014: Emak SpA (EM)
Emak SpA is an Italy-based company primarily engaged in the manufacture of outdoor power equipment for gardening, forestry, agriculture and industry. The Company�� portfolio includes chainsaws, brush cutters, lawnmowers, garden tractors, water pumps, high pressure washers, transporters, rotary cultivators, motor hoes and power cutters, among others. It also manufactures spare parts, accessories and protective clothing. The Company sells its products under various brand names, such as Oleo-Mac, Efco, Bertolini, Nibbi and Staub. Emak SpA directly manages distribution in the Italian market and it sells products, through its commercial subsidiaries, in France, Germany, the United Kingdom, Spain, the countries of Benelux, Poland, Ukraine, among others.The Company is controlled by Yama SpA, which is an industrial holding company. Advisors' Opinion:- [By Canadian Value]
For 20+ years there has been a coherent growth story around Emerging Markets (EM), where the label "Emerging Market" had real meaning within a common knowledge perspective. Today ��not so much. Today the story is that it was easy money from the Fed that drove global growth, EM or otherwise. Today the story is that Emerging Markets are just the levered beneficiaries or victims of Fed monetary policy, no different than anyone else��
Hot Machinery Companies To Own For 2014: Robogroup TEK Ltd (ROBO)
RoboGroup T.E.K Ltd. is a global, diversified enterprise with proprietary technologies on the forefront of robotics, motion control and technology education. RoboGroup's activities are organized in two related business operations: Yaskawa Eshed Technology (YET) and Intelitek.
YET, a joint venture with Japan's Yaskawa Electric Corp., which provides industrial motion controls, particularly those based on its algorithms. Intelitek, which develops, manufactures and markets training products and e-learning systems. Intelitek�� broad educational product line covers subjects such as computer-aided design, computer-aided manufacturing, configurable network computing, robotics, machine vision, hydraulics, pneumatics, sensors, process control and data acquisition. Intelitek also designs and produces integrated and customized manufacturing workcells, ranging from small-scale flexible manufacturing systems to complete computer integrated manufacturing systems.
Advisors' Opinion:- [By John Udovich]
Spruce Point Capital Management, LLC has released a research report about small cap robotics stock iRobot Corporation (NASDAQ: IRBT) entitled ��bout to Short Circuit,��meaning investors should take a closer look at the report, the�stock�and the performance of�robotics peer Adept Technology Inc (NASDAQ: ADEP) and�the Robo-Stox Global Robotics & Automation ETF (NASDAQ: ROBO). I should mention that we used to have both Adept Technology and iRobot Corporation in our SmallCap Network Elite Opportunity (SCN EO) portfolio�because we see the�robotics subsector improving as companies aim to reduce overhead and improve efficiencies through machine to machine (M2M) automation.
- [By Matt Krantz]
Another way for investors to play the robotics industry is a new exchange traded fund, Robo-Stox Robotics & Automation (symbol: ROBO). The ETF owns a basket of robotics and automation stocks. One major caution, though, is that not all the stocks in the ETF are those investors traditionally think of when it comes to robotics. The largest weighting is in 3D Systems, a maker of a 3D printer, and Faro Technologies, which makes measurement devices. But none of the stocks in the ETF account for more than 4% of the total value, so the diversification helps give investors a way to play the speculative industry.
Hot Machinery Companies To Own For 2014: IDEX Corp (IEX)
IDEX Corporation (IDEX), incorporated on September 24, 1987, is an applied solutions business that sells an array of pumps, flow meters and other fluidics systems and components and engineered products to customers in a variety of markets worldwide. All of the Company�� business activities are carried out through wholly owned subsidiaries. IDEX operates in three business segments: Fluid & Metering Technologies, Health & Science Technologies and Fire & Safety/Diversified Products. Reporting units in the Fluid & Metering Technologies segment consist of Banjo; Energy and Fuels (Energy); Chemical, Food & Process (CFP) and Water & Waste Water (Water). Reporting units in the Health & Science Technologies segment consist of IDEX Health & Science (IH&S); IDEX Optics and Photonics (IOP); Precision Polymer Engineering (PPE); Gast; Micropump and Materials Process Technologies (MPT). Reporting units in the Fire & Safety/Diversified Products segment consist of Fire Suppression; Rescue Tools and Band-It. In July 20, 2012, it acquired Matcon Group Limited. In March 2013, it announced the acquisition of FTL Seals Technology, Ltd. On April 11, 2012, the Company acquired the stock of PPC. On April 30, 2012, the Company acquired the stock of ERC.
Fluid & Metering Technologies Segment
The Fluid & Metering Technologies Segment designs, produces and distributes displacement pumps, flow meters, injectors, and other fluid-handling pump modules and systems and provides flow monitoring and other services for the water and wastewater industries. Fluid & Metering Technologies pump and metering solutions serve a range of end markets, including industrial infrastructure (fossil fuels, refined and alternative fuels, and water and wastewater), chemical processing, agricultural, food and beverage, pulp and paper, transportation, plastics and resins, electronics and electrical, construction and mining, pharmaceutical and bio-pharmaceutical, machinery and other markets. Fluid & Metering Technologies accounte! d for 43% of IDEX�� sales and 82% of IDEX�� operating income, with approximately 46% of its sales to customers outside the United States as of December 31, 2012, with approximately 46% of its sales to customers outside the United States. Banjo is a provider of pumps, valves, fittings and systems used in liquid handling. Banjo is based in Crawfordsville, Indiana and its products are used in agricultural and industrial applications. Approximately 11% of Banjo�� sales during 2012 were to customers outside the United States.
Energy consists of the Company�� Corken, Faure Herman, Liquid Controls, S.A.M.P.I. and Toptech businesses. Energy is a supplier of flow meters, electronic registration and control products, rotary vane and turbine pumps, reciprocating piston compressors, and terminal automation control systems. Energy has facilities in Longwood, Florida and Zwijndrech, Belgium (Toptech products), Oklahoma City, Oklahoma (Corken products), La Ferte Bernard, France (Faure Herman products), Vadodara, Gujarat, India (Liquid Controls products), and Altopascio, Italy (S.A.M.P.I. products). Applications for Liquid Controls and S.A.M.P.I. positive displacement flow meters, electronic, registration and control products include mobile and stationary metering installations for wholesale and retail distribution of petroleum and liquefied petroleum gas, aviation refueling, and industrial metering and dispensing of liquids and gases. Corken products consist of rotary vane pumps, single and multistage regenerative turbine pumps, and small horsepower reciprocating piston compressors. Toptech supplies terminal automation hardware and software to control and manage inventories, as well as transactional data and invoicing, to customers in the oil, gas and refined-fuels markets. Faure Herman is a supplier of ultrasonic and helical turbine flow meters used in the custody transfer and control of fluids and gases. Approximately 53% of Energy�� sales during 2012 were to customers outside the United State! s.
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CFP consists of the Company�� Richter, Viking and Warren Rupp businesses. CFP is a producer of air-operated and motor-driven double-diaphragm pumps and replacement parts, lined pumps, valves and control equipment for the chemical, fine chemical and pharmaceutical industries, and external gear pumps. Richter�� corrosion resistant fluoroplastic lined products offer solutions for applications in the process industry. Viking�� products consist of external gear pumps, strainers and reducers, and related controls used for transferring and metering thin and viscous liquids sold under the Viking and Wright Flow brands and air-operated double-diaphragm pumps sold under the Blagdon brand. Markets served by Viking products include chemical, petroleum, pulp and paper, plastics, paints, inks, tanker trucks, compressor, construction, food and beverage, personal care, pharmaceutical and biotech. Warren Rupp products (which also include Pumper Parts and Versa-Matic products) are used for abrasive and semisolid materials, as well as for applications where product degradation is a concern or where electricity is not available or should not be used. Markets served by Warren Rupp products include chemical, paint, food processing, electronics, construction, utilities, mining and industrial maintenance. CFP maintains operations in Kampen, Germany (Richter products), Cedar Falls, Iowa (Richter and Viking products), Eastbourne, East Sussex, England, Shannon, Ireland (Viking products) and Mansfield, Ohio (Warren Rupp products). CFP primarily uses independent distributors to market and sell its products. Approximately 54% of CFP�� sales during 2012 were to customers outside the United States.
Water consists of the Company�� ADS, IETG, iPEK, Knight and Pulsafeeder businesses. Water is a provider of metering technology and flow monitoring products and underground surveillance services for water and wastewater markets, as well as a manufacturer of pumps and dispensing equipment for industrial laundries! , commerc! ial dishwashing and chemical metering, and a provider of metering pumps, special-purpose rotary pumps, peristaltic pumps, fully integrated pump and metering systems, custom chemical-feed systems, electronic controls and dispensing equipment. ADS�� products and services provide integrated solutions that enable industry, municipalities and government agencies to analyze and measure the capacity, quality and integrity of wastewater collection systems, including the maintenance and construction of such systems. IETG�� products and services enable water companies to manage their water distribution and sewerage networks, while its surveillance service specializes in underground asset detection and mapping for utilities and other private companies. iPEK supplies remote controlled systems used for infrastructure inspection. Knight is a manufacturer of pumps and dispensing equipment for industrial laundries, commercial dishwashing and chemical metering. Pulsafeeder products are used to introduce precise amounts of fluids into processes to manage water quality and chemical composition, as well as peristaltic pumps. Its markets include water and wastewater treatment, oil and gas, power generation, pulp and paper, chemical and hydrocarbon processing, and swimming pools. Water maintains operations in Huntsville, Alabama and various other locations in the United States, Sydney, New South Wales, Australia and Melbourne, Victoria, Australia (ADS products), Leeds, England (IETG products and services), Hirschegg, Austria, and Sulzberg, Germany (iPEK products), Lake Forest, California, Mississauga, Ontario, Canada, Eastbourne, East Sussex, England, Unanderra, Australia, and Ciudad Juarez, Chihuahua, Mexico (Knight products), Rochester, New York, Punta Gorda, Florida and Milan, Italy (Pulsafeeder products). Approximately 47% of Water�� sales during 2012 were to customers outside the United States.
Water Services & Technology (WST) consists of the Company�� ADS, IETG and iPEK businesses. WST is a provi! der of me! tering technology and flow monitoring products and underground surveillance services for wastewater markets. ADS�� products and services provide integrated solutions that enable industry, municipalities and government agencies to analyze and measure the capacity, quality and integrity of wastewater collection systems, including the maintenance and construction of such systems. IETG�� products and services enable water companies to manage their water distribution and sewerage networks, while its surveillance service specializes in underground asset detection and mapping for utilities and other private companies. iPEK supplies remote controlled systems used for infrastructure inspection. WST maintains operations in Huntsville, Alabama and various other locations in the United States and Australia (ADS products and services); Leeds, England (IETG products and services); and Hirschegg, Austria, and Sulzberg, Germany (iPEK products). Approximately 40% of WST�� 2012 sales were to customers outside the United States.
The Company competes with Pump Solutions Group, Dover Corporation, Milton Roy and Tuthill Corporation.
Health & Science Technologies Segment
The Health & Science Technologies Segment designs, produces and distributes a range of precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems used in beverage, food processing, pharmaceutical and cosmetics, pneumatic components and sealing solutions, including pumping solutions required in analytical instrumentation, clinical diagnostics and drug discovery, molded and extruded, biocompatible medical devices and implantables, air compressors used in medical, dental and industrial applications, optical components and coatings for applications in the fields of scientific research, defense, aerospace, telecommunications and electronics manufacturing, laboratory and commercial equipment used in the production of micro and nano scale materials, precision pho! tonic sol! utions used in life sciences, research and defense markets, and precision gear and peristaltic pump technologies. The segment accounted for 35% of IDEX�� sales and 35% of operating income in 2012, with approximately 54% of its sales to customers outside the United States.
IH&S consists of Eastern Plastics, Rheodyne, Ismatec, Sapphire Engineering, Upchurch Scientific and ERC, which was acquired in April 2012. IH&S has facilities in Rohnert Park, California (Rheodyne products); Bristol, Connecticut (Eastern Plastics products); Wertheim-Mondfeld, Germany (Ismatec products); Middleboro, Massachusetts (Sapphire Engineering products); Oak Harbor, Washington (Ismatec and Upchurch Scientific products); and Kawaguchi, Japan (ERC products). Eastern Plastics products, which consist of high- precision integrated fluidics and associated engineered plastics solutions, are used in a set of end markets including medical diagnostics, analytical instrumentation, and laboratory automation. Rheodyne products consist of injectors, valves, fittings and accessories for the analytical instrumentation market. Rheodyne products are used by manufacturers of high pressure liquid chromatography equipment servicing the pharmaceutical, biotech, life science, food & beverage, and chemical markets. Ismatec products include peristaltic metering pumps, analytical process controllers, and sample preparation systems. Sapphire Engineering and Upchurch Scientific products consist of fluidic components and systems for the analytical, biotech and diagnostic instrumentation markets, such as fittings, precision-dispensing pumps and valves, tubing and integrated tubing assemblies, filter sensors and other micro-fluidic and nano-fluidic components, as well as advanced column hardware and accessories for the high performance liquid chromatography (HPLC) market. Sapphire Engineering and Upchurch Scientific products primarily serve the pharmaceutical, drug discovery, chemical, biochemical processing, genomics/proteomics research, envir! onmental ! labs, food/agriculture, medical lab, personal care, and plastics/polymer/rubber production markets. ERC manufactures gas liquid separations and detection solutions for the life science, analytical instrumentation and clinical chemistry markets. ERC�� products consist of in-line membrane vacuum degassing solutions, refractive index detectors and ozone generation systems. Approximately 52% of IH&S�� 2012 sales were to customers outside the United States.
IOP consists of CVI Melles Griot (CVI MG), Semrock and AT Films (the Precision Photonics portion of the AT Films business was acquired in April 2012). CVI MG is a into design and manufacture of precision photonic solutions used in the life sciences, research, semiconductor, security and defense markets. CVI MG�� products are focused on the generation, control and productive use of light for a variety of key science and industrial applications. Products consist of specialty lasers and light sources, electro-optical components, specialty shutters, opto-mechanical assemblies and components. In addition, CVI MG produces critical components for life science research, electronics manufacturing, military and other industrial applications including lenses, mirrors, filters and polarizers. These components are utilized in a number of applications such as spectroscopy, cytometry (cell counting), guidance systems for target designation, remote sensing, menology and optical lithography.
CVI MG is headquartered in Albuquerque, New Mexico, with additional manufacturing sites located in Carlsbad, California; Rochester, New York; Isle of Man, British Isles; Leicester, England; Kyongki-Do, Korea; Tokyo, Japan; Didam, The Netherlands; and Singapore. Semrock is a provider of optical filters for biotech and analytical instrumentation in the life sciences markets. Semrock�� optical filters are produced using state-of-the-art manufacturing processes which enable it to offer its customers improvements in instrument performance and reliability.! Semrock ! is located in Rochester, New York. AT Films specializes in optical components and coatings for applications in the fields of scientific research, defense, aerospace, telecommunications and electronics manufacturing. The Precision Photonics portion of its business specializes in optical components and coatings for applications in the fields of scientific research, aerospace, telecommunications and electronics manufacturing. AT Films is headquartered in Boulder, Colorado. Approximately 57% of IOP�� 2012 sales were to customers outside the United Sates.
Containment consists of Precision Polymer Engineering (PPE). PPE, which is located in Blackburn, England, is a provider of high performance seals and advanced sealing solutions for a diverse range of global industries and applications, including hazardous duty, analytical instrumentation, semiconductor/solar, process technologies, pharmaceutical, electronics, and food applications. Approximately 79% of PPE�� 2012 sales were to customers outside the United States.
Gast consists of the Company�� Gast and Jun-Air businesses. The Gast business is a manufacturer of air-moving products, including air motors, low-range and medium-range vacuum pumps, vacuum generators, regenerative blowers and fractional horsepower compressors. Gast products are used in a variety of long-life applications requiring a quiet, clean source of moderate vacuum or pressure. Gast products primarily serve the medical equipment, environmental equipment, computers and electronics, printing machinery, paint mixing machinery, packaging machinery, graphic arts, and industrial manufacturing markets. The Jun-Air business is a provider of low-decibel, ultra-quiet vacuum compressors suitable for medical, dental and laboratory applications. Based in Benton Harbor, Michigan, Gast also has a logistics and commercial center in Redditch, England. Approximately 27% of Gast�� 2012 sales were to customers outside the United States.
Micropump, headquartered i! n Vancouv! er, Washington, produces, precision-engineered, magnetically and electromagnetically driven rotary gear, piston and centrifugal pumps. Micropump products are used in low-flow abrasive and corrosive applications. Micropump products primarily serve the printing machinery, medical equipment, paints and inks, chemical processing, pharmaceutical, refining, laboratory, electronics, pulp and paper, water treatment, textiles, peristaltic metering pumps, analytical process controllers and sample preparation systems markets. Approximately 77% of Micropump�� 2012 sales were to customers outside the United States.
MPT consists of Quadro, Fitzpatrick, Microfluidics and Matcon Group Limited (Matcon), which was acquired in July 2012. Quadro is a provider of particle control solutions for the pharmaceutical and bio-pharmaceutical markets. Based in Waterloo, Ontario, Canada, Quadro�� activities include fine milling, emulsification and special handling of liquid and solid particulates for laboratory, pilot phase and production scale processing within the pharmaceutical and bio-pharmaceutical markets. Fitzpatrick is into the design and manufacture of process technologies for the pharmaceutical, food and personal care markets. Fitzpatrick designs and manufactures customized size reduction, roll compaction and drying systems to support their customers��product development and manufacturing processes. Fitzpatrick is headquartered in Elmhurst, Illinois. Microfluidics is into designing and manufacturing of laboratory and commercial equipment used in the production of micro and nano scale materials for the pharmaceutical and chemical markets. Microfluidics is the producer of the Microfluidizer family of high shear fluid processors for uniform particle size reduction, robust cell disruption and nanoparticle creation. Microfluidics has offices in Newton, Massachusetts. Matcon is into material processing solutions for high value powders used in the manufacture of pharmaceuticals, food, plastics, and fine chemic! als.
!Matcon�� products consist of the original cone valve powder discharge system and filling, mixing and packaging systems, all of which support its customers��automation and process requirements. Matcon is located in Evesham, Worcestershire, England. Approximately 61% of MPT�� 2012 sales were to customers outside the United States.
The Company competes with Gardner Denver, Inc., Thermo Scientific Dionex, Gooch & Housego PLC, Parker Hannifin and Valco Instruments Co., Inc.
Fire & Safety/Diversified Products Segment
The Fire & Safety/Diversified Products segment produces firefighting pumps and controls, rescue tools, lifting bags and other components and systems for the fire and rescue industry, engineered stainless steel banding and clamping devices used in a variety of industrial and commercial applications, and precision equipment for dispensing, metering and mixing colorants and paints used in a variety of retail and commercial businesses around the world. The segment accounted for 22% of IDEX�� sales and 53% of IDEX�� operating income in 2012, with approximately 56% of its sales to customers outside the United States.
Fire Suppression consists of the Company�� Class I, Hale and Godiva businesses, which produce truck-mounted and portable fire pumps, stainless steel valves, foam and compressed air foam systems, pump modules and pump kits, electronic controls and information systems, conventional and networked electrical systems, and mechanical components for the fire, rescue and specialty vehicle markets. Fire Suppression�� customers are primarily OEMs. Fire Suppression is headquartered in Ocala, Florida (Class 1 and Hale products), with additional facilities located in Warwick, England (Godiva products). Approximately 41% of Fire Suppression�� 2012 sales were to customers outside the United States.
Rescue consists of the Company�� Dinglee, Hurst Jaws of Life, Lukas and Vetter businesses, which produce hydraulic! , battery! , gas and electric-operated rescue equipment, hydraulic re-railing equipment, hydraulic tools for industrial applications, recycling cutters, pneumatic lifting and sealing bags for vehicle and aircraft rescue, environmental protection and disaster control, and shoring equipment for vehicular or structural collapse. Rescue Tool�� customers are primarily public and private fire and rescue organizations. Rescue has facilities in Shelby, North Carolina (Hurst Jaws of Life products); Tianjin, China (Dinglee products); Erlangen, Germany (Lukas products); and Zulpich, Germany (Vetter products). Approximately 75% of Rescue�� 2012 sales were to customers outside the United States.
Band-It is a producer of stainless steel banding, buckles and clamping systems. Band-It products are used for securing exhaust system heat and sound shields, industrial hose fittings, traffic signs and signals, electrical cable shielding, identification and bundling, and in numerous other industrial and commercial applications. Band-It products primarily serve the automotive, transportation equipment, oil and gas, general industrial maintenance, electronics, electrical, communications, aerospace, utility, municipal and subsea marine markets. Band-It is based in Denver, Colorado, with additional operations in Staveley, Derbyshire, England, and a IDEX shared manufacturing facility in China. Approximately 39% of Band-It�� 2012 sales were to customers outside the United States.
Dispensing Equipment produces precision equipment for dispensing, metering and mixing colorants and paints used in a variety of retail and commercial businesses worldwide. Dispensing Equipment is a global supplier of precision-designed tinting, mixing, dispensing and measuring equipment for auto refinishing and architectural paints. Dispensing Equipment products are used in retail and commercial stores, hardware stores, home centers, department stores, automotive body shops as well as point-of-purchase dispensers. Dispensing Equipmen! t is head! quartered in Wheeling, Illinois with additional facilities in Sassenheim, The Netherlands; Unanderra, Australia; and Milan, Italy, as well as IDEX shared manufacturing facilities in India and China. Approximately 59% of Dispensing Equipment�� 2012 sales were to customers outside the United States.
The Company competes with American Cast Iron Pipe Company, Holmatro, Inc., Nordic Capital and Panduit Corporation.
Advisors' Opinion:- [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.
Hot Machinery Companies To Own For 2014: Xylem Inc (XYL)
Xylem Inc. (Xylem), formerly ITT WCO, Inc., incorporated on May 4, 2011, is a provider of equipment and service for water and wastewater applications with a portfolio of products and services addressing the full cycle of water, from collection, distribution and use to the return of water to the environment. It operates in two segments: Water Infrastructure and Applied Water. The Water Infrastructure segment focuses on the transportation, treatment and testing of water, offering a range of products, including water and wastewater pumps, treatment and testing equipment, and controls and systems. Key brands in this segment include Flygt, Wedeco, Godwin Pumps, WTW, Sanitaire, AADI and Leopold. The Applied Water segment encompasses the uses of water and focuses on the residential, commercial, industrial and agricultural markets. The segment�� products include pumps, valves, heat exchangers, controls and dispensing equipment. Key brands in this segment include Goulds Water Technology (Goulds), Bell & Gossett, AC Fire, Standard, Flojet, Lowara, Jabsco and Flowtronex. The Company sells its products in more than 150 countries through a distribution network consisting of its direct sales force and independent channel partners. On October 31, 2011, ITT Corporation completed Spin-off of Xylem, formerly ITT�� water equipment and services businesses. The Spin-off was completed pursuant to the Distribution Agreement, dated as of October 25, 2011, among ITT, Exelis Inc. (Exelis) and Xylem. In July 2012, it acquired MJK Automation A/S. In March 2013, it acquired MultiTrode Pty Ltd.
Water Infrastructure
Water Infrastructure involves the process that collects water from a source and distributes it to users, and then returns the wastewater to the environment. Water Infrastructure serves three applications: transport, treatment and test of water and wastewater for two types of customers: public utilities and industrial facilities. The Transport application includes all of the equipment and s! ervices involved in the movement of water from sources, such as oceans, lakes, rivers and ground water, to treatment facilities, and then to users. It also includes the movement of wastewater from the point of use to a treatment facility and then back into the environment. The Company serves the equipment markets, such as water and wastewater submersible pumps, monitoring controls, and application solutions. With operations on six continents, it also has dewatering rental fleet, serviced with the Company�� Flygt and Godwin brands. In its Water Infrastructure Segment, Transport accounted for approximately 73% of its consolidated revenue during the year ended December 31, 2011. Flygt is the manufacturer of submersible pumps, mixers, and aeration equipment for use in environments, such as water and wastewater treatment, raw water supply, abrasive or contaminated industrial processes, mining and crop irrigation. Flygt products have applications in various markets, including wastewater lift stations, water and wastewater treatment facilities, pressurized sewage systems, oil and gas, steel, mining and leisure markets. Customers include public utility wastewater and clean water treatment facilities, oil and gas platforms, and steel manufacturing companies.
Godwin Pumps is engaged in pump manufacturing. It manufactures, sells, rents and services products that are customized to the specific needs of its clients. Godwin Pumps��products include the fully automatic self-priming Dri-Prime pump, a range of Sub-Prime electric and Heidra hydraulic submersible pumps, Wet-Prime gasoline-powered contractor pumps and a line of generators and portable light towers. Godwin products are primarily used in construction, disaster recovery, flooding, heavy industry, marine use, mining, oil, gas and chemical extraction, refineries, temporary fire protection and water and wastewater transport. Customers include industrial plants, construction contractors, public utility wastewaters and clean water treatment and tr! ansportat! ion facilities, oil, gas and chemical drilling outfits, and refineries. Godwin�� fleet of equipment is rented through 33 United States branches and a global network of distributors. The Treatment application includes equipment and services that treat both water for consumption and wastewater to be returned to the environment. Leopold is the Company�� filtration brand. Disinfection systems, both ultraviolet (UV) and ozone oxidation, treat both public utility drinking water and wastewater, as well as industrial process water, and are provided through its WEDECO brand. Biological treatment systems are key to the treatment of solids in wastewater plants, which is provided through its Sanitaire brand. In its Water Infrastructure Segment, Treatment accounted for approximately 18% of its consolidated net sales in 2011.
The Company�� Sanitaire brand provides biological wastewater treatment solutions for public utility and industrial applications. Sanitaire�� offering includes diffused aeration, sequencing batch reactors, drum filters and state-of-the-art controls. Sanitaire is a brand in diffused aeration, which is a process that introduces air into a liquid, providing an aerobic environment for degradation of organic matter. Principal Sanitaire customers are public utility and industrial wastewater treatment facilities. WEDECO develops chemical-free and environmentally friendly water treatment technologies, including ultraviolet light and ozone systems. There are over 250,000 installed WEDECO systems for UV disinfection and ozone oxidation globally in private, public utility and industrial locations. Customers include public utility wastewater and clean water treatment facilities, power plants, pulp and paper mills, food products manufacturers and aquaculture facilities. Leopold is a gravity media filtration and clarification solutions for the water and wastewater industry. Nova Analytics, its served market is focused on water and the environment for quality levels throughout the water in! frastruct! ure loop.. Analytical systems are applied in three primary ways: in the field, in a facility laboratory, or real time, online monitoring in a treatment facility process. In its Water Infrastructure Segment, Test accounted for approximately 9% of its consolidated net sales in 2011.
In wastewater treatment facilities, WTW-branded systems monitor parameters, such as dissolved oxygen, pH, and turbidity throughout the water process. WTW�� product offering includes meters, sensors, data-loggers, photometers and software. Aanderaa Data Instruments AS (AADI) offers sensors, instruments and systems for measuring and monitoring in environments, such as rivers, oceans and the polar regions through networked systems using wireless technology that monitors temperature, salinity, oxygen, turbidity, current and waves for ecosystem health. The main market areas are marine transportation, environmental and ocean research, oil and gas, aquaculture, road and traffic, and construction. Oceanography International Corporation (OI Analytical) provides products used for chemical analysis. The Company develops, manufactures, sells, and services analytical instruments that detect, measure, analyze, and monitor chemicals in liquids, solids, and gases. Yellow Springs Instrument Company (YSI) develops and manufactures sensors, instruments, software and data collection platforms for environmental and coastal water quality monitoring and testing. YSI also offers life sciences products, including biochemical analyzers for bioprocess monitoring, food and beverage processing, and sports physiology. The main market areas are marine transportation, environmental and ocean research, oil and gas, aquaculture, road and traffic, and construction.
Applied Water
Applied Water encompasses all the uses of water. Its served market consists of the main uses of global water: Building Services, Industrial Water and Irrigation. The Building Services is defined by four main uses of water in building services ! applicatio! ns, such as in residential homes and commercial buildings, including offices, hotels, restaurants and malls. The first is the supply of potable water for consumption, such as for drinking and hygiene. The Goulds brand offers pumps and boosting systems utilized within buildings, sourcing water from distribution networks or from wells. The second application is wastewater removal with sump and sewage pumps. The third application is in heating, ventilation and air conditioning (HVAC), where Bell & Gossett specializes in pumps and valves that are used in water-based heating and cooling systems. The fourth water-related building service area is fire protection, where its AC Fire brand supplies full pump systems for emergency fire suppression. In Europe, Lowara is a brand in the commercial and residential water market with applications in the four main uses of water. In its Applied Water Segment, Building Services accounted for approximately 51% of its consolidated net sales in 2011.
The Company�� Goulds brand supplies vertical multistage pumps to boost pressure for purposes , such as circulating water through a manufacturing facility to cool machine tools. Its Lowara brand focuses on water treatment, industrial washing equipment and machine tool cooling. The Standard brand delivers heat exchangers for combined heat and power (CHP) applications within power generation plants. It also provides applications, such as flexible impeller pumps for wine processing facilities served by its Jabsco brand, and water-based detergent dispensing and water circulation within car washes served by Flojet and Goulds air-operated diaphragm and end suction pumps. In its Applied Water Segment, Industrial Water accounted for approximately 42% of its consolidated net sales in 2011. The irrigation business consists of irrigation-related equipment and services associated with bringing water from a source to the plant or livestock need, including hoses, sprinklers, center pivot and drip irrigation. The Company focuses ! on the pu! mps and boosting systems that supply this ancillary equipment with water. Its Goulds brand brings mixed flow pumps, and its Flowtronex group specializes in equipment solutions, such as the Hydrovar boosting system, which incorporates monitoring and controls. Its Lowara brand also produces pumps for agriculture applications and irrigation of gardens and parks. In its Applied Water Segment, Irrigation accounted for approximately 7% of the Company�� consolidated net sales in 2011.
Advisors' Opinion:- [By Marc Bastow]
Water and waste-water systems provider Xylem (XYL) raised its quarterly dividend 10% to 12.8 cents per share, payable on Mar. 19 to shareholders of record as of Feb. 19.
XYL Dividend Yield: 1.39% - [By Aaron Levitt]
Spun-off from industrial giant ITT (ITT) a few years ago, Xylem (XYL) could be a great starting point for investors looking at water stocks. Aside from its cool and appropriate name, XYL provides host of equipment — pumps, controllers and filtration devices — for wastewater treatment plants across the globe.
Hot Machinery Companies To Own For 2014: AB SKF (SKFRY.PK)
AB SKF, formerly SKF AB, is a global supplier of products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems. The services provided by the Company include technical support, maintenance services, condition monitoring and training. The Company operates in three divisions: Industrial Division and Service Division, servicing industrial original equipment manufacturers (OEMs) and aftermarket customers respectively, and Automotive Division, servicing automotive OEMs and aftermarket customers. SKF operates in around 40 customer segments, including cars and light trucks, wind energy, railway, machine tool, medical, food and beverage and paper industries. In April 2009, the Company acquired the remaining 49% interest in SKF Polyseal.
In February 2008, the Company acquired QPMAerospaces�� metallic rods business. In October 2008, the Company acquired Cirval S.A Argentina. In November 2008, the Company acquired GLO s.r.l. Italy. In December 2008, the Company acquired the remaining 30% of the operations of SKF Automotive Bearings Company. In September 2008, the Company acquired PEER Bearing Company and its manufacturing units in the People�� Republic of China and Thailand.
Industrial Division
The Industrial Division serves industrial OEMs customers in some 30 global industry customer segments with a range of energy-efficient offerings. The solutions and know-how are based on the manufacturing of a wide range of bearings, such as spherical and cylindrical roller bearings, angular contact ball bearings, medium deep groove ball bearings and superprecision bearings, as well as lubrication systems, linear motion products, magnetic bearings, by-wire systems and couplings.
Service Division
The Service Division serves the global industrial aftermarket providing products and knowledge-based services for customers��plant asset efficiency. The solutions are based on SKF�� knowledge of bearings, sea! ls, lubrication systems, mechatronics and services, and customers are served by SKF and its network of over 7,000 authorized distributors. The division runs a network of Condition Monitoring Centres, which designs and produces global hardware and software. Service Division is also responsible for all SKF�� sales in certain markets.
Automotive Division
The Automotive Division serves manufacturers of cars, light trucks, heavy trucks, buses, two-wheelers and the vehicle service market, supporting them in bringing solutions to global markets. In addition, the division provides energy-saving solutions for home appliances, power tools and electric motors. Within the Automotive Division, SKF develops and manufactures bearings, seals and related products and services. Products include wheel hub bearing units, tapered roller bearings, small deep groove ball bearings, seals, and automotive specialty products for engine, steering and driveline applications. For the vehicle service market, the division provides complete repair kits, including a range of drive shafts and constant velocity joints.
Logistics Services
SKF�� business is supported by its logistics processes and systems, which involve all parts of the logistics needs in the supply chain. SKF Logistics Services provides warehousing, transportation, packaging and inventory management based on seamless information and communication technology for the SKF Group globally.
Advisors' Opinion:- [By Stephen Simpson, CFA]
I wrote on bearings and velocity control products company Kaydon (KDN) in early March of this year, and I didn't see a lot of value at the time. As the year went on, that call looked worse and worse, as the stock climbed about 18% - well above the S&P 500, and well above industry peers/competitors like Timken (TKR) and SKF (SKFRY.PK). To top it all off, Kaydon announced this morning (September 5) that it had received and accepted a buyout offer from SKF valuing the company at $35.50 - some 45% higher than the price when I thought it looked only about 10% undervalued. So what did I get wrong here, and what can investors do to avoid a similar mistake?
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