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 MrBidAskon Aug 30, 2011 8:08am

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Post# 18992281

Corporate Update

Been gone from here for the summer but back now for the I told you so. Ok, so where's the news on the Hangingstone Sale. Bids closed 6 weeks ago and with little to no progress being reported I'm getting the feeling that Connacher & AOS are thinking the bids just aren't substantive enough. Also, what's going on at Clearwater, Algar and Grand Rapids? If they miss this year's drilling season, there will be little to no value created over the next 12 months. Mind you, no one is giving them value for what they currently have. Must have something to do with current management or lack thereof. Where are all the high fivers and back slappers? What happened to the proxy battle?

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