Global Capital Goods Strong Balance Sheet Stocks

Federal Signal

Market Cap: US$7.5b

Designs, manufactures, and supplies a suite of products and integrated solutions for municipal, governmental, industrial, and commercial customers in the United States, Canada, Europe, and internationally.

Morgan Sindall Group

Market Cap: UK£2.0b

Operates as a construction and regeneration company in the United Kingdom.

Invicta Holdings

Market Cap: R3.5b

An investment holding company, engages in the distribution of engineering components and consumables in South Africa, the Rest of Africa, Europe, and Asia.

Nel

Market Cap: NOK 4.2b

A hydrogen company, provides solutions to produce, store, and distribute hydrogen from renewable energy in Norway and internationally.

Luxfer Holdings

Market Cap: US$368.8m

Provides high-performance materials, components, and high-pressure gas containment devices for defense, first response and healthcare, transportation, and general industrial applications.

Hudson Technologies

Market Cap: US$435.8m

Through its subsidiary, Hudson Technologies Company, provides solutions to recurring problems within the refrigeration industry in the United States.

Kiran Print-Pack

Market Cap: ₹115.1m

Engages in trading business in India.

Chemring Group

Market Cap: UK£1.5b

Provides countermeasures, sensors, information, and energetic products in the United States, the United Kingdom, Europe, the Asia pacific, and internationally.

Costain Group

Market Cap: UK£349.3m

Provides infrastructure solutions for the transportation, energy, water, and defense sectors in the United Kingdom.

Malmbergs Elektriska

Market Cap: SEK 277.6m

Supplies electrical equipment for installers, industrial, construction and rental companies, and retailers in Sweden and internationally.

Frequentis

Market Cap: €932.0m

Develops and markets communication and information systems for safety-critical control centers in Europe, North America, Asia, Australia, South America, Middle East, Africa, and worldwide.

technotrans

Market Cap: €201.0m

Operates as a technology and services company worldwide.

Minesto

Market Cap: SEK 394.1m

Operates as a marine energy developer in Sweden, Wales, the Faroe Islands, Northern Ireland, and Taiwan.

Bangun Karya Perkasa Jaya

Market Cap: Rp336.1b

A construction company, engages in the steel fabrication and general contracting business in Indonesia.

Vicor

Market Cap: US$2.3b

Designs, develops, manufactures, and markets modular power components and power systems for converting electrical power for use in electrically-powered devices.

Andrews Sykes Group

Market Cap: UK£225.0m

An investment holding company, engages in the hire, sale, and installation of environmental control equipment in the United Kingdom, Rest of Europe, the Middle East, Africa, and internationally.

NKT

Market Cap: DKK 32.7b

Designs, manufactures, and installs low, medium, and high voltage power cable solutions in Denmark.

Mueller Water Products

Market Cap: US$3.9b

Manufactures and markets products and services for the transmission, distribution, and measurement of water used by municipalities, and the residential and non-residential construction industries in the United States, Israel, and internationally.

Pratama Widya

Market Cap: Rp816.7b

Provides construction services focusing on geotechnical engineering for private and government sectors in Indonesia.

Plejd

Market Cap: €10.3b

A technology company, develops products and services for smart lighting control in Sweden, Norway, Finland, the Netherlands, Germany, and internationally.

Jensen-Group

Market Cap: €564.9m

Designs, produces, and supplies single machines, systems, turnkey solutions, and laundry process automation for the heavy-duty laundry industry.

LMG

Market Cap: ₱638.7m

Does not have significant operations.

Gencor Industries

Market Cap: US$211.8m

Designs, manufactures, and sells heavy machinery used in the production of highway construction materials and environmental control equipment.

Alpha Pro Tech

Market Cap: US$50.4m

Develops, manufactures, and markets a range of disposable protective apparel and infection control products in the United States and internationally.

FuelCell Energy

Market Cap: US$254.5m

Manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen.

Concivia SA (Braila)

Market Cap: RON 61.8m

Engages in the construction activities in Romania.

Nekkar

Market Cap: NOK 993.6m

Operates as an industrial company builder in Europe, Turkey, Asia, Australia, New Zealand, North America, the United Arab Emirates, Africa, the United States, South America, India, Norway, and internationally.

Grupo Empresarial San José

Market Cap: €428.5m

Engages in construction business in Spain and internationally.

Systemair

Market Cap: SEK 16.3b

Manufactures and sells of ventilation, heating and cooling products, and systems in Europe, North America, the Middle East, Asia, Australia, and Africa.

MSC Industrial Direct

Market Cap: US$5.0b

Engages in the distribution of metalworking and maintenance, repair, and operations (MRO) products and services in the United States, Canada, Mexico, the United Kingdom, and internationally.

Gelion

Market Cap: UK£38.0m

Together with its subsidiary, engages in the research and development, manufacture, and sale of battery systems in the United Kingdom and internationally.

Atlas Copco

Market Cap: SEK 735.2b

Provides compressed air and gas, vacuum, energy, dewatering and industrial pumps, industrial power tools, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania.

Lubawa

Market Cap: zł1.5b

Manufactures and sells army, police, municipal police, border patrol, fire brigade, and special force products in Poland and internationally.

Nucletron Electronic

Market Cap: €20.5m

Together with its subsidiaries sells technology components, subsystems, and systems in Germany.

ZECO Holdings

Market Cap: US$8.3k

Engages in the steel fabrication and installation business.

Jantsa Jant Sanayi ve Ticaret

Market Cap: ₺15.7b

Manufactures and sells steel wheels for commercial, industrial, and agricultural machinery primarily in Turkey.