This group of companies manufactures a wide range of systems and components for the industrial and automotive markets through five main business units:
Power Transmission
Fluid Power
Fluid Systems
Other Industrial & Automotive
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Strong industrial growth, particularly in oil and gas
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Record OE awards in 2007, including Chery, Hyundai, Nissan and Tata, rebalancing geographic profile of group
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Expansion of operations in India and China
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Acquisition of Swindon Silicon Systems and their ASIC technology
Building Products
This group of companies manufactures components for the
commercial, infrastructure and residential construction markets
through two business units:
Air Systems Components Group
Other Building Products
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Continued focus in product development on the green building code
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Expanded in India by forming a joint venture with Caryaire in HVAC systems and acquiring a controlling stake in Rolastar, a duct profile manufacturer
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Infrastructure wins in Dubai and Brisbane
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Managed cost base for lower demand in residential businesses
