Cliff Note #60 - Park-Ohio Holdings | $PKOH
BigCapMicro with Restructuring Twist
Themes:
BigCapMicro; Restructuring; Margin Expansion; Strong Earning Power Ranking
Revenue: $1.6 Billion
What they do:
PKOH has three segments:
Supply chain management outsourcing services.
Manufactures components used to assemble their products geared towards fuel efficiency, reduced emission standards and vehicle electrification.
Their Engineered segment manufactures specialized/customized industrial products (induction heating and melting systems for ferrous and non-ferrous metals, silicon, coatings, forging, foundry, automotive and construction equipment industries; pipe threading business serving the oil and gas industry; crankshafts and camshafts, used primarily in locomotives).