Park-Ohio Holdings Corp. - Common Stock (PKOH)
Frequently Asked Questions About Park-Ohio Holdings Corp. - Common Stock (PKOH)
Does Park-Ohio engage in research and development?
Yes, Park-Ohio actively engages in research and development to drive innovation in its products and processes. The company allocates resources towards R&D initiatives that aim to enhance product performance, increase efficiency, and respond to emerging market trends. This dedication to continuous improvement ensures that Park-Ohio remains competitive in the evolving industrial landscape.
How can investors get information about Park-Ohio?
Investors can access information about Park-Ohio Holdings Corp. through the company’s official website, where they can find financial reports, press releases, and investor presentations. Additionally, the company provides details about upcoming earnings calls and shareholder meetings. For direct inquiries, investors can also reach out to the investor relations department for personalized assistance.
How does Park-Ohio approach sustainability?
Park-Ohio is committed to sustainability through its practices and products. The company actively seeks to minimize its environmental footprint by implementing energy-efficient processes, reducing waste, and recycling materials whenever possible. Furthermore, Park-Ohio collaborates with customers to develop sustainable products that meet the growing demand for eco-friendly solutions in various industries.
How does Park-Ohio compete in the market?
Park-Ohio competes in the market through a combination of quality, innovation, and customer service. By continuously improving its product offerings and refining its manufacturing processes, the company maintains a competitive edge. Furthermore, Park-Ohio's focus on understanding customer needs and providing tailored solutions distinguishes it from competitors in the industrial and supply chain sectors.
How does Park-Ohio stay innovative?
Park-Ohio stays innovative by investing in new technologies, embracing digital transformation, and fostering a culture of creativity within the organization. The company encourages collaboration and idea-sharing among employees, which often leads to improvements in processes and products. Park-Ohio also stays attuned to industry trends and customer feedback, ensuring that its innovations align with market needs.
Is Park-Ohio involved in any community initiatives?
Yes, Park-Ohio is actively involved in community initiatives, supporting various local organizations and charities. The company's commitment to corporate social responsibility includes promoting education, workforce development, and community engagement. By giving back to the community, Park-Ohio aims to foster positive relationships and contribute to societal well-being.
On which stock exchange is Park-Ohio Holdings Corp. listed?
Park-Ohio Holdings Corp. is listed on the Nasdaq stock exchange under the ticker symbol PKOH. Being a publicly traded company allows Park-Ohio to raise capital through the sale of shares, providing resources for expansion and operational improvements while offering investors an opportunity to participate in the company’s growth.
What are the key products offered by Park-Ohio?
Park-Ohio offers a variety of products focused primarily on engineered components, fabricated metal products, and value-added logistics services. These include fasteners, hydraulic components, and complex assemblies that cater to various industrial needs. Additionally, the company provides comprehensive supply chain management services, enhancing distribution and logistics efficiencies for its clients.
What are the main segments of Park-Ohio's business?
Park-Ohio operates through two primary segments: the industrial segment and the supply chain management segment. The industrial segment focuses on manufacturing engineered components that serve various industries, whereas the supply chain segment provides logistics and supply chain solutions, helping businesses optimize their operations and enhance efficiency. This dual approach enables Park-Ohio to serve its customers comprehensively.
What challenges does Park-Ohio currently face?
Like many companies in the industrial sector, Park-Ohio faces challenges including fluctuating raw material costs, supply chain disruptions, and increased competition. The company is actively working to address these challenges through strategic planning, operational improvements, and maintaining strong supplier relationships. Navigating these obstacles is crucial for sustaining growth and profitability in a changing market landscape.
What does Park-Ohio Holdings Corp. do?
Park-Ohio Holdings Corp. is a diversified international company that provides a wide range of products and services, primarily in the manufacturing and supply chain sectors. The company operates through two main segments: the Industrial segment, which includes products such as engineered components, and the supply chain management segment that focuses on logistics services. By leveraging its expertise in various industries, Park-Ohio addresses the specific needs of its customers while enhancing operational efficiency.
What future goals does Park-Ohio have?
Park-Ohio's future goals revolve around sustainable growth, innovation, and market expansion. The company aims to enhance its product offerings, improve operational efficiency, and explore new markets both domestically and internationally. By prioritizing these objectives, Park-Ohio seeks to strengthen its competitive position and contribute to long-term shareholder value.
What is Park-Ohio's dividend policy?
Park-Ohio has a history of paying dividends to its shareholders, reflecting its commitment to returning value to investors. The company regularly evaluates its dividend policy based on financial performance, cash flow, and market conditions. Shareholders can stay informed about changes in dividend rates through official announcements and company communications.
What is Park-Ohio's financial performance like?
Park-Ohio's financial performance has shown resilience over the years, characterized by steady revenue growth and profitability. The company's diversified portfolio allows for consistent cash flow generation, which supports ongoing investments in innovation and expansion. Stakeholders can review the company's financial reports and earnings announcements for a detailed analysis of its fiscal health.
What is Park-Ohio's strategy for growth?
Park-Ohio’s growth strategy focuses on expanding its product offerings and services, enhancing operational efficiencies, and pursuing strategic acquisitions. By investing in innovation and technology, the company aims to improve its competitiveness and responsiveness to market demands. Additionally, strengthening customer relationships and entering new markets are integral to its long-term growth objectives.
What is the company’s approach to employee development?
Park-Ohio emphasizes employee development through comprehensive training programs, career advancement opportunities, and a supportive work environment. The company invests in its workforce, recognizing that skilled and motivated employees are crucial to achieving operational excellence and innovation. This focus on professional growth helps retain talent while enhancing overall company performance.
What recent developments have occurred at Park-Ohio?
Park-Ohio has made several recent developments, including strategic acquisitions aimed at expanding its market reach and enhancing product offerings. The company also continues to invest in technological advancements to improve manufacturing capabilities and operational efficiency. These initiatives reflect Park-Ohio’s commitment to evolving with market demands and positioning itself for future growth.
When was Park-Ohio Holdings Corp. founded?
Park-Ohio Holdings Corp. was founded in 1965. Over the years, the company has evolved from its initial operations and expanded into various sectors, adapting to market changes and customer needs while maintaining a focus on innovation and quality. This long-standing history has established Park-Ohio as a reputable player in the manufacturing and supply chain industries.
Where is Park-Ohio Holdings Corp. headquartered?
Park-Ohio Holdings Corp. is headquartered in Cleveland, Ohio, USA. This central location allows the company to effectively serve a diverse clientele across multiple industries while maintaining accessibility to key markets. The headquarters also serves as the base for management and operational functions, facilitating strategic decision-making and corporate governance.
Who are the primary customers of Park-Ohio Holdings Corp.?
Park-Ohio's primary customers include a diverse range of industries such as automotive, aerospace, industrial equipment, and consumer goods. The company serves both domestic and international markets, providing customized solutions to meet the unique needs of each sector. By catering to a broad customer base, Park-Ohio mitigates risks associated with dependence on a single market.
What is the current price of Park-Ohio Holdings Corp. - Common Stock?
The current price of Park-Ohio Holdings Corp. - Common Stock is 22.10
When was Park-Ohio Holdings Corp. - Common Stock last traded?
The last trade of Park-Ohio Holdings Corp. - Common Stock was at 4:00 pm EDT on April 2nd, 2025
What is the market capitalization of Park-Ohio Holdings Corp. - Common Stock?
The market capitalization of Park-Ohio Holdings Corp. - Common Stock is 280.54M
How many shares of Park-Ohio Holdings Corp. - Common Stock are outstanding?
Park-Ohio Holdings Corp. - Common Stock has 12.69M shares outstanding.