U.S. Capital Goods Strong Balance Sheet Stocks

Enerpac Tool Group

Market Cap: US$2.2b

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.

Highway Holdings

Market Cap: US$7.6m

Manufactures and sells metal, plastic, electric, and electronic parts and components, subassemblies, and finished products in Hong Kong, China, Europe, and North America.

Argan

Market Cap: US$3.6b

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.

Comfort Systems USA

Market Cap: US$27.9b

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

Byrna Technologies

Market Cap: US$462.9m

A less-lethal self-defense technology company, develops, manufactures, and sells less-lethal personal security solutions in the United States, South Africa, Europe, South America, Asia, and Canada.

EMCOR Group

Market Cap: US$28.0b

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

NANO Nuclear Energy

Market Cap: US$1.8b

Operates as a nuclear energy company.

Tutor Perini

Market Cap: US$3.4b

A construction company, provides diversified general contracting, construction management, and design-build services to private customers and public agencies worldwide.

Albany International

Market Cap: US$1.6b

Engages in the machine clothing and engineered composites businesses.

Thermon Group Holdings

Market Cap: US$901.0m

Provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific.

Watts Water Technologies

Market Cap: US$9.2b

Supplies systems, products and solutions that manage and conserve the flow of fluids and energy into, though, and out of buildings in the commercial, industrial, and residential markets in the Americas, Europe, the Asia-Pacific, the Middle East, and Africa.

Global Industrial

Market Cap: US$1.4b

Through its subsidiaries, operates as an industrial distributor of various industrial and maintenance, repair, and operation (MRO) products in the United States and Canada.

Phoenix Asia Holdings

Market Cap: US$184.9m

Provides substructure works services in Hong Kong.

A. O. Smith

Market Cap: US$10.1b

Manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products in North America, China, Europe, and India.

Transcat

Market Cap: US$674.7m

Provides calibration and laboratory instrument services in the United States, Canada, and internationally.

Westinghouse Air Brake Technologies

Market Cap: US$32.9b

Provides technology-based locomotives, equipment, systems, and services for the freight rail and passenger transit industries worldwide.

SES AI

Market Cap: US$693.1m

Develops and produces AI enhanced lithium metal and lithium ion rechargeable battery technologies for electric vehicles, urban air mobility, drones, robotics, battery energy storage systems, and other applications.

Sterling Infrastructure

Market Cap: US$10.5b

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

Dewey Electronics

Market Cap: US$2.4m

Designs, develops, and manufactures military electronics.

Alpha Pro Tech

Market Cap: US$50.7m

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

Lindsay

Market Cap: US$1.5b

Provides water management and road infrastructure products and services in the United States and internationally.

Federal Signal

Market Cap: US$7.4b

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.

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.

Luxfer Holdings

Market Cap: US$372.0m

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

Proto Labs

Market Cap: US$1.2b

Operates as a digital manufacturer of custom parts in the United States and Europe.

Gencor Industries

Market Cap: US$217.2m

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

Crane

Market Cap: US$10.3b

Manufactures and sells engineered industrial products in the United States, Canada, the United Kingdom, Continental Europe, and internationally.

FuelCell Energy

Market Cap: US$280.0m

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

Hudson Technologies

Market Cap: US$432.8m

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

American Superconductor

Market Cap: US$2.7b

Provides megawatt-scale power resiliency solutions worldwide.

Power Solutions International

Market Cap: US$2.6b

Designs, engineers, manufactures, markets, and sells engines and power systems in the United States, North America, the Pacific Rim, Europe, and internationally.

General Dynamics

Market Cap: US$86.9b

Operates as an aerospace and defense company worldwide.

Vicor

Market Cap: US$2.4b

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

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.

Woodward

Market Cap: US$14.2b

Designs, manufactures, and services control solutions for the aerospace and industrial markets worldwide.

Primoris Services

Market Cap: US$7.0b

Provides infrastructure services primarily in the United States and Canada.