Network Expansion: Supply Technologies' new 375,000-square-foot distribution center in Union, Ohio, will serve as its flagship facility, enhancing distribution capabilities across the U.S., Canada, and Mexico, thereby improving customer service efficiency and meeting global OEM demands.
Job Creation: The new facility is expected to create over 60 full-time positions, contributing approximately $3 million in annual payroll, significantly boosting local economic development and enhancing community employment levels.
Capital Investment: The total capital investment for this project exceeds $20 million, reflecting the company's strong confidence in future growth and enhancing operational efficiency through advanced automation and warehouse systems.
Strategic Importance: The construction of the new center will support a more efficient hub-and-spoke distribution network, ensuring supply continuity that helps global OEM customers improve production efficiency, further solidifying Supply Technologies' leadership position in the industry.
PKOH
$22.63+Infinity%1D
Analyst Views on PKOH
Wall Street analysts forecast PKOH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PKOH is USD with a low forecast of 22.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
Wall Street analysts forecast PKOH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PKOH is USD with a low forecast of 22.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
1 Hold
0 Sell
Hold
Current: 22.660
Low
22.00
Averages
High
22.00
Current: 22.660
Low
22.00
Averages
High
22.00
No data
About PKOH
Park-Ohio Holdings Corp. is a diversified international company that provides customers with a supply chain management outsourcing service, capital equipment used on their production lines, and manufactured components used to assemble their products. Its segments include Supply Technologies, Assembly Components and Engineered Products. Supply Technologies segment provides its customers with Total Supply Management, a proactive solutions approach that manages all aspects of supplying production parts and materials to its customers manufacturing floors, from strategic planning to program implementation. Assembly Components segment designs, develops and manufactures high pressure direct fuel injection fuel rails and pipes, fuel filler pipes and flexible multi-layer plastic and rubber assemblies. Its Engineered Products segment designs and manufactures a range of engineered products, including induction heating and melting systems, pipe threading systems, and forged and machined products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
