U.S. Capital Goods Solid Balance Sheet and Fundamentals

W.W. Grainger

Market Cap: US$52.6b

Distributes maintenance, repair, and operating products and services primarily in North America, Japan, and the United Kingdom.

Trane Technologies

Market Cap: US$95.7b

Designs, manufactures, sells, and services of solutions for heating, ventilation, air conditioning, and custom and transport refrigeration.

Comfort Systems USA

Market Cap: US$18.0b

Provides mechanical and electrical installation, renovation, maintenance, repair, and replacement services for the mechanical and electrical services industry in the United States.

AECOM

Market Cap: US$14.7b

Provides professional infrastructure consulting services for governments, businesses, and organizations worldwide.

Eaton

Market Cap: US$129.7b

Operates as a power management company worldwide.

Hubbell

Market Cap: US$21.1b

Designs, manufactures, and sells electrical and utility solutions in the United States and internationally.

Applied Industrial Technologies

Market Cap: US$8.8b

Distributes industrial motion, power, control, and automation technology solutions in the United States, Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica.

Watsco

Market Cap: US$16.9b

Engages in the distribution of air conditioning, heating, and refrigeration equipment, and related parts and supplies in the United States, Canada, Latin America, and the Caribbean.

Nextracker

Market Cap: US$8.6b

Provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally.

Fluor

Market Cap: US$7.3b

Provides engineering, procurement, and construction (EPC); fabrication and modularization; and project management services worldwide.

Enerpac Tool Group

Market Cap: US$2.3b

Manufactures and sells a range of industrial products and solutions in the United States, the United Kingdom, Germany, Australia, Canada, China, Saudi Arabia, Brazil, France, and internationally.

Butler National

Market Cap: US$103.4m

Designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems in North America, Europe, the Middle East, Asia, and internationally.

Argan

Market Cap: US$3.3b

Through its subsidiaries, provides engineering, procurement, construction, commissioning, maintenance, project development, and technical consulting services to the power generation market in the United States, Republic of Ireland, and the United Kingdom.

EMCOR Group

Market Cap: US$21.9b

Provides electrical and mechanical construction and facilities, building, and industrial services in the United States and the United Kingdom.

Limbach Holdings

Market Cap: US$1.6b

Operates as a building systems solution company in the United States.

Douglas Dynamics

Market Cap: US$645.5m

Operates as a manufacturer and upfitter of commercial work truck attachments and equipment in North America.

Blue Bird

Market Cap: US$1.3b

Designs, engineers, manufactures, and sells school buses in the United States, Canada, and internationally.

Toro

Market Cap: US$6.8b

Designs, manufactures, markets, and sells professional turf maintenance equipment and services.

Sterling Infrastructure

Market Cap: US$6.3b

Engages in the provision of e-infrastructure, transportation, and building solutions in the United States.

IES Holdings

Market Cap: US$5.6b

Designs and installs integrated electrical and technology systems, and provides infrastructure products and services in the United States.

Heliogen

Market Cap: US$10.1m

Develops and commercializes concentrated solar energy in the United States.

New Horizon Aircraft

Market Cap: US$29.3m

An aerospace original equipment manufacturer company, focuses on designing and developing hybrid electric vertical takeoff and landing (eVTOL) aircraft for the regional air mobility market in the Uinted States.

Optex Systems Holdings

Market Cap: US$65.8m

Manufactures and sells optical sighting systems and assemblies primarily for the U.S.

Paul Mueller

Market Cap: US$293.9m

Provides manufactured equipment and components in the United States, North America, Asia, the Far East, the Netherlands, EU countries, Europe, and internationally.

Tecnoglass

Market Cap: US$4.2b

Manufactures, supplies, and installs architectural glass, windows, and associated aluminum and vinyl products for commercial and residential construction markets in Colombia, the United States, Panama, and internationally.

Powell Industries

Market Cap: US$2.3b

Designs, develops, manufactures, sells, and services custom-engineered equipment and systems.

Mueller Industries

Market Cap: US$8.6b

Manufactures and sells copper, brass, and aluminum products in the United States, the United Kingdom, Canada, Asia and the Middle East, and Mexico.

Valmont Industries

Market Cap: US$6.5b

Operates as a manufacturer of products and services for infrastructure and agriculture markets in the United States, Australia, Brazil, and internationally.