6 unchanged sentences
As of December 31, 2025, we employed approximately 6,300 people.
−Removed: On December 29, 2023, the Company completed the sale to Angstrom Automotive Group of its Aluminum Products business, which has been classified as a discontinued operation for all periods presented.
The following table summarizes the key attributes of each of our business segments:
14 unchanged sentences
• Forged steel and machined products
+Added: • Generators and transformers
+Added: • Forming machines
SELECTED INDUSTRIES SERVED • Heavy-duty truck
7 unchanged sentences
• Lawn and garden
−Removed: • Medical devices
−Removed: • Automotive and light vehicle
+Added: • Medical devices • Automotive and light vehicle
• Agricultural equipment
1 unchanged sentence
• Heavy-duty truck
−Removed: • Ferrous and non-ferrous metals
+Added: • Bus • Ferrous and non-ferrous metals
• Heavy-duty truck
12 unchanged sentences
In addition, Supply Technologies delivers an increasingly broad range of higher-value production components including valves, fuel hose assemblies, electro-mechanical hardware, labels, fittings, steering components and many others.
−Removed: Applications engineering specialists and the direct sales force work closely with the engineering staff of OEM customers to recommend the appropriate production components for a new product or to suggest alternative components that reduce overall production costs, streamline assembly or enhance the appearance or performance of the end product.
+Added: Applications engineering specialists and the direct sales force work closely with the engineering staff of original equipment manufacturer (“OEM”) customers to recommend the appropriate production components for a new product or to suggest alternative components that reduce overall production costs, streamline assembly or enhance the appearance or performance of the end product.
Supply Technologies also provides spare parts and aftermarket products to end users of its customers’ products.
20 unchanged sentences
A limited number of companies compete with Supply Technologies to provide supply management services for production parts and materials.
−Removed: Supply Technologies competes primarily on the basis of its Total Supply Management ™ approach, including engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing services and ongoing technical support, and its geographic reach, extensive product selection, price and reputation for high service levels.
+Added: Supply Technologies competes primarily on the basis of its Total Supply
+Added: Management ™ approach, including engineering and design support, part usage and cost analysis, supplier selection, quality assurance, bar coding, product packaging and tracking, just-in-time and point-of-use delivery, electronic billing services and ongoing technical support, and its geographic reach, extensive product selection, price and reputation for high service levels.
Numerous U.S.
20 unchanged sentences
and (3) retain the manufacturing flexibility necessary to quickly adjust to the needs of its customers.
−Removed: There are few domestic companies with the capabilities to meet customers’ stringent quality and service standards and lean manufacturing techniques.
+Added: There are few domestic suppliers with the capabilities to meet customers’ stringent quality and service standards and lean manufacturing techniques.
As one of these suppliers, Assembly Components is well-positioned to benefit as customers continue to consolidate their supplier base.
11 unchanged sentences
For the year ended December 31, 2025, approximately 57% of Engineered Products’ net sales were to domestic customers.
−Removed: We sell induction heating and other capital equipment to component manufacturers and OEMs in the ferrous and non-ferrous metals, silicon, coatings, forging, foundry, automotive, truck, construction equipment and oil and gas industries.
+Added: We sell induction heating and other capital equipment to component manufacturers and OEMs in
+Added: the ferrous and non-ferrous metals, silicon, coatings, forging, foundry, automotive, truck, construction equipment and oil and gas industries.
We sell forged and machined products to locomotive manufacturers, machining companies and sub-assemblers who finish aerospace and defense products for OEMs, and railcar builders and maintenance providers.
15 unchanged sentences
Management believes that raw materials and component parts other than certain specialty products are available from alternative sources.
−Removed: Our suppliers of raw materials and component parts may significantly and quickly increase their prices in response to increases in the cost of the raw materials, such as steel, that they use to manufacture our raw materials and component parts.
+Added: Our suppliers of raw materials and component parts may significantly and quickly increase their prices in response to increases in the cost of the raw materials, such as steel, that they supply to us or use to manufacture our component parts.
While we generally attempt to pass along increased raw material prices to our customers in the form of price increases, there may be a time delay between the increased raw material prices and our ability to increase the price of our products, or we may be unable to increase the prices of our products due to various factors.
4 unchanged sentences
Pursuant to certain environmental laws, owners or operators of facilities may be liable for the costs of response or other corrective actions for contamination identified at or emanating from current or former locations, without regard to whether the owner or operator knew of, or was responsible for, the presence of any such contamination, and for related damages to natural resources.
−Removed: Additionally, persons who arrange for the disposal or treatment of hazardous substances or materials may be liable for costs of response at sites where they are located, whether or not the site is owned or operated by such person.
−Removed: From time to time, we have incurred, and are presently incurring, costs and obligations for correcting environmental noncompliance and remediating environmental conditions at certain of our properties.
−Removed: In general, we have not experienced difficulty in complying with environmental laws in the past, and compliance with environmental laws has not had a material adverse effect on our financial condition, liquidity and results of operations.
+Added: Additionally, persons who arrange for the disposal or treatment of hazardous substances or materials may be liable for costs of response at sites where such substances or materials are located, whether or not the site is owned or operated by such person.
+Added: We have incurred from time to time, and are presently incurring, costs and obligations for correcting environmental noncompliance and remediating environmental conditions at certain of our properties.
+Added: In general, we have not experienced difficulty in complying with environmental laws in the past, and compliance with environmental laws has not had a material
+Added: adverse effect on our financial condition, liquidity and results of operations.
Our capital expenditures on environmental control facilities were not material during the past five years and such expenditures are not expected to be material to us in the foreseeable future.
31 unchanged sentences
Examples of benefits offered in the U.S.
−Removed: include a 401(k) plan, defined benefit - cash balance plan, comprehensive health benefits, employee assistance programs, business travel, life/disability insurance and supplemental voluntary insurance.
+Added: include a 401(k) plan, defined benefit - cash balance plan,
+Added: comprehensive health benefits, employee assistance programs, business travel, life/disability insurance and supplemental voluntary insurance.
Training & Talent Development :
21 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.