The Company and its subsidiaries are engaged in the design, manufacture and supply of vacuum and heat transfer equipment used in the chemical, petrochemical, petroleum refining and electric power generating industries.
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This is another microcap pick for me. I really like this company. Based on current earnings (which are conservative because they have been consistently trouncing projections) the stock is undervalued by 9%. This company is extemely well run and has produced earnings growth in all but 2008. In addition, the company cares about its tangible book value which has grown every year for the last ten years.