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 > Compensation Money

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Comment by ok2buyon Jan 07, 2015 7:27pm

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Post# 23296281

RE:RE:Compensation Money

I believe any issues with the paperwork are long resolved. In fact AOS put out a news release quite awhile back indicating the government had requested additional paperwork to support the claim. This is a bureaucracy problem. Alberta reclaimed the land and now the price of oil is in the dumper. Alberta is stuck between a rock and a hard place in my opinion. I don't feel bad for the government. They cancelled the leases, reclaimed around 55,000 acres for Fort Mac growth. Time to pay up!/ok2

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