Like many businesses and other industrial manufacturers, we are navigating a more uncertain environment in 2025. Market and economic conditions are dynamic, and challenges remain but thanks to the strength of our teams across our companies in the field, in our offices, and on the shop floor, we remain focused on achieving our goals for 2025.
Highlights from our first half include:
- MLC’s groundbreaking operational expansion project at Bonne Terre, MO. This vertical kiln build will facilitate manufacturing dolomitic lime to support steel and glass markets.
- Schafer’s commercial pipeline development of new projects to seed the future for ground support, construction, aerospace, and other markets.
- HarperLove’s continued product innovation and expansion into new markets such as Brazil.
- Control Devices’ pursuit of numerous acquisition opportunities to strengthen portfolio breadth and expand the addressable market.
- Calcium Products’ announcement of the Blair, Nebraska expansion facility to supply 98G to new markets and create 50+ new jobs.
Our priorities for the year remain clear:
- Operate safely – Safety is always a top focus across the entire portfolio
- Execute consistently – Teams deliver plans, even with more complexity.
• Invest in talent – We continue to invest in people and build future capabilities.
• Balance risk and discipline – Growth continues with a clear and steady approach.
We remain committed to our mission of building businesses and empowering people. Our focus shows up every day in the way our teams engage, drive results, and solve problems.
This year has brought its share of challenges, but also meaningful opportunities to accelerate our growth. We are grateful for the resilience, focus, and collaboration our teams have shown in response.
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