Management at this construction materials manufacturer has divested the company's underperforming businesses; and it holds the number one or number two market position in the majority of its remaining product lines, which include roofing systems, HVAC sealants, food service equipment, and specialty tires. The fact that 30% of its sales come from outside of the U.S. should give the company some buffer against a stagnant domestic economy. Carlisle is using its cash to pay down debt, and sales should grow if a national push for energy efficiency leads building owners to replace old roofs, HVAC systems, and insulation.
--K.B.
