IMCO - IMPCO Technologies Inc. (IMCO) is a stock in my alternative energy mutual fund (PBW) that is making 52-week highs. IMCO is my mutal fund's largest holding by far at over 5%. Something might be up with this company, perhaps a buyout or merger coming.
Summary
IMPCO Technologies, Inc. engages in the design, manufacture, and supply of alternative fuel products and systems to the transportation, industrial, and power generation industries. Its components and systems control the pressure and flow of gaseous alternative fuels, such as propane and natural gas used in internal combustion engines. The company’s products include gaseous fuel regulators, fuel shut-off valves, fuel delivery systems, engine systems, and electronic controls for use in internal combustion engines. In addition, IMPCO Technologies designs, assembles, and markets ancillary components required for systems operation on alternative fuels. The company sells products through a network of distributors and dealers, and through a sales force that develops sales with original equipment manufacturers and end-users worldwide. Its customers primarily comprise automobile manufacturers, taxi companies, transit and shuttle bus companies, and delivery fleets. The company, formerly known as Imperial Machine Products Company, was founded by Herbert V. Hills and Richard Baverstock in 1958 and changed its name to IMPCO Technologies, Inc. IMPCO is headquartered in Cerritos, California. |
