The Group's principal activities are to manufacture and sell oil field pumping units, power transmission products and highway trailers. The Group operates through three segments: Oil field products and Power transmission. The Oil Field segment manufactures and services artificial reciprocating rod lift equipment, commonly referred to as pumping units, and related products. There are four basic types of Pumping Units manufactured: an air-balanced unit; a beam-balanced unit; a crank-balanced unit; and a Mark II Unitorque unit. The Power Transmission segment designs, manufactures and services speed increasing and reducing gearboxes for industrial applications. Speed increasers convert lower speed and higher torque input to higher speed and lower torque output while speed reducers convert higher speed and lower torque input to lower speed and higher torque output. The Group operates in the United States, Canada, Latin America and Europe.
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