Park-Ohio Holdings Corp. - Common Stock (PKOH)

Competitors to Park-Ohio Holdings Corp. - Common Stock (PKOH)

A. Schulman, Inc.

A. Schulman, specializes in producing high-performance plastic compounds and resins, which overlaps with some of Park-Ohio's offerings in product packaging and industrial materials. Their competitive strategy emphasizes R&D and premium product offerings, allowing them to serve higher-value markets. Despite this, Park-Ohio's diversified portfolio across different sectors could provide a buffer against volatility in specific markets, giving them a more balanced competitive stance in tough economic times.

Babcock & Wilcox Enterprises, Inc. 

Babcock & Wilcox operates primarily in the renewable energy and environmental solutions space, contrasting with Park-Ohio’s industrial parts and supply chain solutions. Their strong emphasis on sustainable energy and innovative technologies positions them favorably within the evolving energy markets. As demand grows for clean and renewable energy solutions, Babcock & Wilcox’s focus gives them a leading edge over Park-Ohio, especially in sectors prioritizing sustainability.

Brady Corporation 

Brady Corporation provides identification solutions and safety products similar to some of Park-Ohio's asset management solutions. Both companies emphasize quality and safety in their product lines, but Brady's focus on interactive technology and digital solutions provides them with an agile advantage in adapting to market demands. This positions Brady as a more versatile player, especially in fast-evolving safety protocols, giving them an advantage over Park-Ohio's more conventional offerings.

Gibraltar Industries, Inc. 

Gibraltar Industries focuses on providing innovative products and services across various sectors, including residential and commercial markets. While Park-Ohio Holdings offers a similar range in industrial and manufacturing sectors, Gibraltar has a strong reputation in home improvement and outdoor products. The companies compete through innovation in materials and circular economy practices, but Gibraltar's broader market presence and brand loyalty give it a competitive edge.

Modine Manufacturing Company 

Modine Manufacturing focuses on thermal management and energy-efficient solutions, which parallels Park-Ohio's offerings in manufacturing components. Both companies seek to provide cost-effective and sustainable solutions to their respective sectors. However, Modine's established reputation in the HVAC systems market and its extensive global reach provide a robust competitive advantage in this specialized niche, while Park-Ohio maintains a broader industrial presence.