The Company is a manufacturer of vehicle towing and recovery equipment, with executive offices in Ooltewah, Tennessee, domestic manufacturing operations in Tennessee and Pennsylvania and foreign manufacturing operations in France and the United Kingdom.
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I think $15 represents good value. The company is an industry leader with solid management. EPS estimates for FY 2013 are $0.84 and $1.40 - I'm guessing that earnings end up on the lower end of that range. But the company has about $4 in cash per share, which easily supports the 3.5% yield. If the company has another year like 2011, this quickly becomes a $30 stock.