NYSE:AOS

AO Smith Corporation is a global water technology company. It manufactures residential and commercial water heaters, boilers, and water treatment products. It is the largest manufacturer and marketer of water heaters in North America with a leading share in both the residential and commercial markets, and major product lines. AO Smith sells a comprehensive product line in varying sizes in more than 60 countries worldwide. The company offers electric, natural gas, gas tankless, liquid propane as well as solar tank units. The products are typically used in residences, restaurants, hospitals, schools, hotels, office buildings, laundries, car washes, and other large commercial buildings. AO Smith is comprised of two reporting segments: North America (64% of 2018 revenues) and Rest of the World (36% - China, Europe, and India). The company has operations in the U.S., Canada, China, India, Mexico, the Netherlands, Turkey, the UK and Vietnam. The company has a strong wholesale distribution channel including more than 1,200 independent distributors. It also has long-standing customer relationships with four of the six largest national hardware and home center chains, including Lowe’s.