Innovation Operating Model:
The company runs a decentralized structure where subsidiaries operate independently while corporate provides shared services and convenes leadership to 'encourage innovation,' enabling cross-company exchange. Feedback suggests this keeps development close to customers and supports domain-specific advances.
Product Innovation:
Portfolio examples include Ancra’s automated truck loading/decking systems, Coolcentric’s rack-level liquid cooling, Crafco’s new pavement-preservation materials, and Stenograph’s AI-enabled tools. These indicate frequent, unit-level product upgrades across logistics automation, thermal management, infrastructure materials, and software.
Emerging Technology Adoption:
Embedded software and AI appear in offerings like Stenograph’s legal transcription tools, and subsidiaries deploy advanced thermal IP such as IBM‑patented liquid cooling in data centers. Such adoption shows modern software, controls, and advanced thermal technologies being integrated into traditional equipment categories.