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About
National Presto Industries, Inc. engages in the manufacturing of housewares, small appliances, defense and absorbent products. It operates through the following segments: Housewares/Small Appliance, Defense, and Absorbent Products. The Housewares/Small Appliance segment involves in designing, marketing, and distributing house wares and small electrical appliances, including pressure cookers and canners, kitchen electrics, and comfort appliances. The Defense segment offers manufacturing ammunition, precision mechanical, and electro-mechanical products. The Absorbent Products segment includes manufacturing and selling private label adult incontinence products and diapers. The company was founded in 1905 and is headquartered in Eau Claire, WI. | |||
Description
National Presto Industries, Inc. provides housewares and small appliances, and defense products primarily in North America. The company operates through two segments, Housewares/Small Appliance and Defense. The Housewares/Small Appliance segment designs, markets, and distributes housewares and small electrical appliances, including pressure cookers and canners; heat control single thermostatic control line of skillets, griddles, woks, and multi-purpose cookers under the Presto Control Master brand; deep fryers; waffle makers; pizza ovens; slicer/shredders; electric heaters; hot air, oil, and microwave corn poppers; dehydrators; rice cookers; microwave bacon cookers; coffeemakers and coffeemaker accessories; electric tea kettles; electric knife sharpeners; kitchen gadgets; and timers. This segment sells its products directly to retailers, as well as through independent distributors. The Defense segment manufactures and sells 40mm ammunition, precision mechanical and electro-mechanical assemblies, and medium caliber cartridge cases; less lethal products and support accessories; and detonators, booster pellets, release cartridges, lead azide, and other military energetic devices and materials. This segment also performs load, assemble, and pack operations on ordnance-related products primarily for the United States Department of Defense (DOD) and DOD prime contractors; and provides training for the use of less lethal products. National Presto Industries, Inc. was founded in 1905 and is based in Eau Claire, Wisconsin. |