24 unchanged sentences
The high-precision capabilities are part of our zero-defect design process, which seeks to eliminate variability and manufacturing defects throughout the entire product lifecycle.
−Removed: We believe our production capabilities provide a competitive advantage as few other manufacturers are capable of meeting tolerance demands at any volume level requested by our customers.
+Added: We believe our production capabilities provide a competitive advantage as few other manufacturers are capable of meeting tolerance demands the volume level requested by our customers.
As the need for tight-tolerance precision parts, subassemblies, and devices continues to increase, we believe that our production capabilities will place us at the forefront of the industry.
48 unchanged sentences
and fluid power and diesel engines.
−Removed: Sales to each of our top ten customers are made to multiple customer locations and divisions throughout the world.
+Added: Sales to each of our to p ten customers are made to multiple customer locations and divisions throughout the world.
In 2025, our top ten customers accounted for approximately 49% of our net sales.
17 unchanged sentences
and freedom of association.
−Removed: As of December 31, 2024, we employed approximately 2,600 full and part-time employees and 300 temporary workers, which includes approximately 1,000 employees in the U.S.
+Added: As of December 31, 2025, we employed approximate ly 2,300 full and part-time employees and 250 temporary workers, which includes approximately 900 employees in the U.S.
and 1,650 employees in other countries employed by our international subsidiaries.
Of our total employment, approximately 12% are management/staff employees and 88% are production employees.
−Removed: Our employees in the France, Brazil, and Mexico City plants are subject to labor council relationships that vary due to the diverse countries in which we operate.
−Removed: We believe we have a good working relationship with our employees and the labor council that represent them.
+Added: Our employees in the France, Brazil, and Mexico City plants are subject to labor council or union relationships that vary due to the diverse countries in which we operate.
+Added: We believe we have a good working relationship with our employees and the labor council or unions that represent them.
Compensation, Benefits, and Employee Health and Safety
23 unchanged sentences
CIE Automotive, S.A.;
−Removed: IMS Companies;
+Added: IMS Gear SE & Co.
and MacLean-Fogg Component Solutions.
11 unchanged sentences
Owens Industries, Inc.;
−Removed: and Precinmac Precision Machining.
+Added: Composidie, Inc., and Eaton Corporation.
We believe that competition within the electrical end market is based principally on quality, price, design capabilities, and speed of responsiveness and delivery.
4 unchanged sentences
Mobile Solutions produces products from a wide variety of metals in various forms from various sources located in North America, Europe, South America, and Asia.
−Removed: Basic types include hot rolled steel, cold rolled steel (both carbon and alloy), stainless steel, steel alloys, copper alloys, extruded aluminum, die cast aluminum, aluminum alloy bar, gray and ductile iron castings, hot and cold forgings, titanium alloys, plastics, and mechanical tubing.
−Removed: Some material is purchased directly under contracts, some is consigned by the customer, and some is purchased directly from the steel mills.
+Added: Basic types include hot rolled steel, cold rolled steel (both carbon and alloy), stainless steel, steel alloys, copper alloys, extruded aluminum, aluminum alloy bar, gray and ductile iron castings, hot and cold forgings, titanium alloys, plastics, and mechanical tubing.
+Added: Material is purchased directly from the raw material suppliers, some of which may be directed by customers.
Power Solutions
−Removed: Power Solutions uses a wide variety of metals in various forms, including precious metals like gold, silver, palladium, and platinum, as well as copper, copper alloys, brass, brass alloys, and plastics.
+Added: Power Solutions uses a wide variety of metals in various forms, including precious metals like gold, silver, palladium, and platinum, as well as copper, copper alloys, brass, brass alloys, inconel, steel alloys and plastics.
Through our diverse network of suppliers, we minimize supplier concentration risk and provide a stable supply of raw materials at competitive pricing.
8 unchanged sentences
Supply chain disruptions, resulting in supply shortages and higher shipping charges, have impacted our suppliers and could continue to impact our ability to maintain supplies of products and the costs associated with obtaining raw materials and key components.
+Added: In addition, geopolitical conflicts, tariffs, inflation and other factors have made the price of metals more volatile.
We continue to monitor impacts on our supply chain in order to maintain regular and timely supply of raw materials to our business segments.
Patents, Trademarks and Licenses
−Removed: We have several U.S.
−Removed: patents, patent applications and trademarks for various trade names.
+Added: We have one U.S.
+Added: patent and numerous trademarks for various trade names throughout the world.
However, we cannot be certain that we would be able to protect and enforce our intellectual property rights against third parties, and if we cannot do so, we may face increased competition and diminished net sales.
18 unchanged sentences
As of the date hereof, compliance with these laws and regulations has not had a material effect on our capital expenditures, results of operations, and competitive position.
−Removed: For additional information, see “Item 1A - Risk Factors.”
+Added: For additional information, see “Item 1A.
+Added: Risk Factors.”
The potential impact of climate change on our operations is unclear.
20 unchanged sentences
Bevis served as President and Chief Executive Officer of Commercial Vehicle Group, Inc.
−Removed: (“CVGI”), from
−Removed: March 2020 to May 2023, and as a Director from June 2014 to May 2023.
+Added: (“CVGI”), from March 2020 to May 2023, and as a Director from June 2014 to May 2023.
Bevis served as Chief Executive Officer of Boxlight Corporation from January 2020 to March 2020 and as a Director from March 2018 to March 2020.
25 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.