U.S. Capital Goods Solid Balance Sheet and Fundamentals

W.W. Grainger

Market Cap: US$48.2b

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

Trane Technologies

Market Cap: US$77.1b

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

Eaton

Market Cap: US$108.6b

Operates as a power management company worldwide.

Donaldson Company

Market Cap: US$7.6b

Manufactures and sells filtration systems and replacement parts worldwide.

Comfort Systems USA

Market Cap: US$12.6b

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

Sterling Infrastructure

Market Cap: US$4.3b

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

Hubbell

Market Cap: US$18.6b

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

Dover

Market Cap: US$22.4b

Provides equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services worldwide.

Nextracker

Market Cap: US$5.9b

An energy solutions company, provides solar tracker and software solutions for utility-scale and distributed generation solar projects in the United States and internationally.

Fluor

Market Cap: US$5.7b

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

L.B. Foster

Market Cap: US$211.9m

Provides engineered and manufactured products and services for building and supporting infrastructure in the United States, Canada, the United Kingdom, and internationally.

Toro

Market Cap: US$6.7b

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

Limbach Holdings

Market Cap: US$906.9m

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

Blue Bird

Market Cap: US$1.1b

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

Enerpac Tool Group

Market Cap: US$2.1b

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$101.4m

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.

Applied Industrial Technologies

Market Cap: US$8.7b

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

EMCOR Group

Market Cap: US$17.7b

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

Argan

Market Cap: US$2.0b

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.

New Horizon Aircraft

Market Cap: US$13.4m

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.

Perma-Pipe International Holdings

Market Cap: US$92.6m

Perma-Pipe International Holdings, Inc., together with its subsidiaries, engineers, designs, manufactures, and sells specialty piping and leak detection systems.

ZJK Industrial

Market Cap: US$305.1m

Through its subsidiaries, manufactures and sells precision fasteners, structural parts, and other precision metal parts products in the People’s Republic of China, Taiwan, the United States, and internationally.

Optex Systems Holdings

Market Cap: US$37.2m

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

Valmont Industries

Market Cap: US$5.7b

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

Powell Industries

Market Cap: US$2.1b

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

IES Holdings

Market Cap: US$3.8b

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

Heliogen

Market Cap: US$5.2m

Develops and commercializes concentrated solar energy in the United States.