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Monday, June 25, 2018

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NPK National Presto Industries, Inc. gains 27% Jun 25, 2018

National Presto Industries, Inc. provides housewares and small appliances, and defense products primarily in North America. The company operates through two segments, Housewares/Small Appliance and Defense. The Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control single thermostatic control line of skillets, griddles, woks, and multi-purpose cookers under the Presto Control Master brand; deep fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; kitchen gadgets; and timers. This segment sells its products directly to retailers, as well as through independent distributors. The Defense segment manufactures and sells 40mm ammunition, precision mechanical and electro-mechanical assemblies, and medium caliber cartridge cases; less lethal products and support accessories; and detonators, booster pellets, release cartridges, lead azide, and other military energetic devices and materials. This segment also performs load, assemble, and pack operations on ordnance-related products primarily for the United States Department of Defense (DOD) and DOD prime contractors; and provides training for the use of less lethal products. National Presto Industries, Inc. was founded in 1905 and is based in Eau Claire, Wisconsin.http://www.priceseries.com/trade/NPK-National-Presto-Industries-Inc-stock-gains-27-percent-a-Trade-Record-by-priceSeries-2018051120180625.html

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