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November 9, 2007

Turbotec Products:We Will Proceed with Caution

Analysis of: Turbotec Cautions on Second Half | www.ft.com
This analysis is solely the work of the author. It has not been edited or endorsed by GLG.
Analysis By:
Gene Plavnik, PresidentGene Plavnik
President, Heat Technologies Inc
Implications: Deteriorating situation with subprime rate and loans that are based on it created a precedent when both segments of residential real estate market (new and existing sales) are deteriorating. That, in turns affect markets of HVAC and major appliances. However, when company products are marketed to the crosscut of the industry ( t hat is residential and commercial HVAC), total performance is still in good shape.

Analysis: Turbotec Products ois one of the HVAC components type of  company that manufactures and sells its products (heat exchangers) to both new and existing installations. Additionally, it manufactures heat exchangers for commercial and light industrial HVAC. Since commmercial market is still in good conditions, total performance of the company is in good shape. As it is sometimes in the world of manufacturing, careful versatility and appropriate focusing on the market pays off.


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