A O Smith Corp V.AOS

Primary Symbol: AOS

Industrials

A. O. Smith Corporation applies technologies and solutions to products manufactured and marketed worldwide. The Company operates through two segments: North America and Rest of World. Both the segments manufacture and market a comprehensive line of residential and commercial gas and electric water heaters, boilers, tanks, and water treatment products. Its Rest of World segment is primarily comprised of China, Europe, and India. The North America segment serves residential and commercial end markets with a range of products, including water heaters, boilers, water treatment products, and other. The Company also manufactures expansion tanks, commercial solar water heating systems, swimming pool and spa heaters, related products and parts. Its Lochinvar brand is a residential and commercial boiler brand in the United States. Its water softener branded products and problem well water solutions include the Hague, Impact Water, Water-Right, Master Water, Atlantic Filter and Water Tec brands.

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A O Smith Corp

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Post by Saskatoonboyon Jul 12, 2007 1:08pm

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Post# 13078284

They bought more land!!!

AOS has acquired more land, that news release will not be coming out for awhile. When all land acquisitions are complete there will be further news releases regarding specifics of land locations. Corporate team official announcements are forthcoming. Seismic will be done by end of August probably. Some drilling may occur before freeze up. Swamp and Muskeg is hard to work in. Don't dismiss idea that a merger between smaller Oilsands players may happen. Think about it STP, AOS, Excelsior merger to form mid-tier Oilsands player. If you were a company with deep pockets, would want to buy a small company like AOS with 1-2 major projects to develop or a much larger one and have maybe 3 -4 major projects to develop?

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