These statements can be identified by the use of forward-looking words, such as “anticipate,” “estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,” “will,” “would,” “should,” “could,” “can have,” “future,” “likely,” “target,” “possible,” “intend,” and other words and terms of similar meaning (including their negative counterparts or other various or comparable terminology). For example, all statements we make relating to our plans and objectives for future operations, growth results, or initiatives, including relating to the Kito Acquisition (as defined herein), strategies, plans for enhancing shareholder value, the amount of capital expenditures in fiscal 2026, pending acquisitions, the amount of future dividend payments in fiscal 2026 and beyond or the expected outcome or impact of pending or threatened litigation are forward-looking statements. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we…

These statements can be identified by the use of forward-looking words, such as “anticipate,” “estimate,” “expect,” “project,” “plan,” “intend,” “believe,” “may,” “will,” “would,” “should,” “could,” “can have,” “future,” “likely,” “target,” “possible,” and other words and terms of similar meaning (including their negative counterparts or other various or comparable terminology). For example, all statements we make relating to our plans and objectives for future operations, growth results, or initiatives, including relating to the Kito Crosby Acquisition (as defined herein), strategies, plans for enhancing shareholder value, the amount of capital expenditures in fiscal 2027, pending acquisitions, the amount of future dividend payments in fiscal 2027 and beyond or the expected outcome or impact of pending or threatened litigation are forward-looking statements. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we currently expect, including: • industrial economic and general macroeconomic conditions; • increased competition with respect to our business, including with respect to our material handling and precision conveyance products; • our ability to maintain positive perceptions of Columbus McKinnon and its brands; • our ability to successfully integrate our acquisitions, including the Kito Crosby Acquisition; • our ability to successfully transition operations of the divestiture of the legacy Columbus McKinnon U.S. power chain hoist and chain operations • price fluctuations and trade tariffs on steel, aluminum, and other raw materials, parts and goods purchased to manufacture our products and our ability to pass on price increases to our customers; • our ability to obtain sufficient pricing for our products and service to meet our profitability expectations; • the scarcity or unavailability of the raw materials and critical components we use to manufacture our products and the impact of such scarcity or unavailability on our ability to operate our business; • our ability to successfully manage our backlog; • our ability to maintain relationships with the independent distributors we use to sell our products; • our ability to continue to attract, develop, engage, and retain qualified employees; • our ability to understand our customers’ specific preferences and requirements, and to develop, manufacture and market products that meet customer demand as we expand into additional international markets; • our ability to manage our indebtedness, including compliance with debt covenant restrictions in our Debt Agreements (as defined herein); • our ability to raise capital in the future and manage the negative effects of inflation on our business; • our ability to manage the risks of conducting operations outside of the United States, including currency fluctuations, trade barriers, labor unrest, geopolitical conflicts, more stringent labor regulation, tariffs, political and economic instability and governmental expropriation; • a potential ratings downgrade or other negative action by a ratings organization adversely affecting the trading price of our common stock; • potential product liability, as our products involve risks of personal injury and property damage; • compliance with federal, state and local environmental protection laws, including regulatory measures meant to address climate change, which may be burdensome and lower our margins; • our ability to adequately protect our intellectual property and refrain from infringing on the intellectual property of others; • our ability to adequately manage and rely on our subcontractors and suppliers; • changes in general economic conditions and the geographic concentration of our locations, which may affect our business; • our ability to adequately protect our information technology systems from cyberattacks or other interruptions; • our ability to comply with the U.S.

For example, all statements we make relating to our plans and objectives for future operations, growth results, or initiatives, including relating to the Kito Acquisition (as defined herein), strategies, plans for enhancing shareholder value, the amount of capital expenditures in fiscal 2026, pending acquisitions, the amount of future dividend payments in fiscal 2026 and beyond or the expected outcome or impact of pending or threatened litigation are forward-looking statements. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we currently expect, including: • industrial economic and general macroeconomic conditions; • increased competition with respect to our business, including with respect to our material handling and precision conveyance products; • our ability to maintain positive perceptions of Columbus McKinnon and its brands; • our ability to successfully integrate our acquisitions,…

For example, all statements we make relating to our plans and objectives for future operations, growth results, or initiatives, including relating to the Kito Crosby Acquisition (as defined herein), strategies, plans for enhancing shareholder value, the amount of capital expenditures in fiscal 2027, pending acquisitions, the amount of future dividend payments in fiscal 2027 and beyond or the expected outcome or impact of pending or threatened litigation are forward-looking statements. All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we currently expect, including: • industrial economic and general macroeconomic conditions; • increased competition with respect to our business, including with respect to our material handling and precision conveyance products; • our ability to maintain positive perceptions of Columbus McKinnon and its brands; • our ability to successfully integrate our acquisitions, including the Kito Crosby Acquisition; • our ability to successfully transition operations of the divestiture of the legacy Columbus McKinnon U.S. power chain hoist and chain operations • price fluctuations and trade tariffs on steel, aluminum, and other raw materials, parts and goods purchased to manufacture our products and our ability to pass on price increases to our customers; • our ability to obtain sufficient pricing for our products and service to meet our profitability expectations; • the scarcity or unavailability of the raw materials and critical components we use to manufacture our products and the impact of such scarcity or unavailability on our ability to operate our business; • our ability to successfully manage our backlog; • our ability to maintain relationships with the independent distributors we use to sell our products; • our ability to continue to attract, develop, engage, and retain qualified employees; • our ability to understand our customers’ specific preferences and requirements, and to develop, manufacture and market products that meet customer demand as we expand into additional international markets; • our ability to manage our indebtedness, including compliance with debt covenant restrictions in our Debt Agreements (as defined herein); • our ability to raise capital in the future and manage the negative effects of inflation on our business; • our ability to manage the risks of conducting operations outside of the United States, including currency fluctuations, trade barriers, labor unrest, geopolitical conflicts, more stringent labor regulation, tariffs, political and economic instability and governmental expropriation; • a potential ratings downgrade or other negative action by a ratings organization adversely affecting the trading price of our common stock; • potential product liability, as our products involve risks of personal injury and property damage; • compliance with federal, state and local environmental protection laws, including regulatory measures meant to address climate change, which may be burdensome and lower our margins; • our ability to adequately protect our intellectual property and refrain from infringing on the intellectual property of others; • our ability to adequately manage and rely on our subcontractors and suppliers; • changes in general economic conditions and the geographic concentration of our locations, which may affect our business; • our ability to adequately protect our information technology systems from cyberattacks or other interruptions; • our ability to comply with the U.S. Foreign Corrupt Practices Act and other anti-corruption laws; • our ability to retain key members of our management team; and • the volatility of our common stock; and • the CD&R Investor’s interest in and influence over us may diverge from, or even conflict with, interests of the holders of our common stock, and the reduction in the relative voting power of holders of our common stock resulting from the issuance of Preferred Shares (as defined herein).

Our products are used for mission critical applications where we have established, trusted brands that are well known in the industry. Our targeted market verticals include manufacturing, transportation including EV production and aerospace, energy and utilities, process industries, industrial automation, construction and infrastructure, food and beverage, entertainment, life sciences, consumer packaged goods, e-commerce, supply chain and warehousing. In the United States, we are a market leader for hoists, material handling digital power control systems and precision conveyors, our principal lines of products, and have strong market positions with certain chain, forged fittings, and linear actuator products.

Our products are used for mission critical applications where we have established, trusted brands that are well known in the industry. Our targeted market verticals include manufacturing, transportation including electric vehicle (“EV”) production and aerospace, energy and utilities, process industries, industrial automation, construction and infrastructure, food and beverage, entertainment, life sciences, consumer packaged goods, e-commerce, supply chain and warehousing. In the United States, we are a leader for installed lifting solutions, lifting securement and consumables, material handling digital power control systems and precision conveyors, our principal lines of products and have a strong market position with actuator products.

Craft Pizza & Pub is designed to have a fun, pleasant atmosphere serving pizza and other related menu items, all made fresh using fresh ingredients in the view of the customers for inside dining and offers Pizza Valet service for a quick, easy and fun way to provide carry-out for those customers who want to dine elsewhere. These units operate under the trade name “Noble Roman’s Craft Pizza & Pub”. During the 12-month period ended December 31, 2024 there were no company-operated or franchised Craft Pizza & Pub restaurants opened or closed.

Craft Pizza & Pub is designed to have a fun, pleasant atmosphere serving pizza and other related menu items, all made fresh using fresh ingredients in the view of the customers for inside dining and offers Pizza Valet service for a quick, easy and fun way to provide carry-out for those customers who want to dine elsewhere. These units operate under the trade name “Noble Roman’s Craft Pizza & Pub.” The Company also sells and services foodservice programs to convenience stores where the owner of the convenience store becomes the franchisee for the operation under the trade names “Noble Roman’s Pizza” and “Noble Roman’s Take-N-Bake.” The non-traditional concepts’ hallmarks include high quality pizza along with other related menu items, simple operating systems, fast service times, labor-minimizing operations, attractive food costs and overall affordability. During the same 12-month period there were approximately 60 new non-traditional outlets opened and six non-traditional outlets closed.

During the 12-month period ended December 31, 2024 there were no company-operated or franchised Craft Pizza & Pub restaurants opened or closed. During the same 12-month period there were 68 new non-traditional outlets opened and 10 non-traditional outlets closed. The Company, at December 31, 2023 and December 31, 2024, reported deferred tax assets on its balance sheet totaling $3.5 million.

These units operate under the trade name “Noble Roman’s Craft Pizza & Pub.” The Company also sells and services foodservice programs to convenience stores where the owner of the convenience store becomes the franchisee for the operation under the trade names “Noble Roman’s Pizza” and “Noble Roman’s Take-N-Bake.” The non-traditional concepts’ hallmarks include high quality pizza along with other related menu items, simple operating systems, fast service times, labor-minimizing operations, attractive food costs and overall affordability. During the same 12-month period there were approximately 60 new non-traditional outlets opened and six non-traditional outlets closed. The Company, at December 31, 2024 and 2025, reported deferred tax assets on its balance sheet totaling $3.5 million and $3.1 million, respectively.

Activities of the Company’s competitors though could have an adverse effect on the Company’s ability to sell additional franchises or licenses or maintain and renew existing franchises or the operating results of the Company’s system. The Company’s growth strategy includes continuing to sell new franchises and continuing to open the backlog of sold but unopened non-traditional locations. The opening and success of new locations will depend upon various factors, which include: (1) the traffic generated by and viability of the underlying activity or business in non-traditional locations; (2) the continued viability of the Craft Pizza & Pub locations; (3) the ability of the franchisees of either venue to operate their locations effectively; (4) the franchisee’s ability to comply with applicable regulatory requirements; and (5) the effect of competition and general economic and business conditions including food and labor costs.

Activities of the Company’s competitors though could have an adverse effect on the Company’s ability to sell additional franchises or licenses or maintain and renew existing franchises or the operating results of the Company’s system. The Company’s growth strategy includes focusing on sales of new non-traditional franchises and continuing to open the backlog of sold but unopened non-traditional locations. The opening and success of new locations will depend upon various factors, which include: (1) the traffic generated by and viability of the underlying activity or business in non-traditional locations; (2) the continued viability of the Craft Pizza & Pub locations; (3) the ability of the franchisees of either venue to operate their locations effectively; (4) the franchisees’ ability to comply with applicable regulatory requirements; and (5) the effect of competition and general economic and business conditions including food and labor costs.

Ltd., a Singapore private company limited by shares (“AARK”) and its consolidated subsidiaries prior to the Business Combination (as defined below)(excluding the associated legacy financial technology and investing business activities) and to Aeries Technology, Inc. and its consolidated subsidiaries, following the consummation of the Business Combination. Overview Aeries Technology is a global provider of professional and technology consulting services, to portfolio companies of private equity firms and middle-market companies, specializing in the design, set-up and management of Global Capability Centers (“GCCs”) for our clients. Our offerings are designed to provide a mix of deep vertical specialty, functional expertise, and digital systems and solutions offering end-to-end coverage for the entire GCC lifecycle to scale, optimize and transform a client’s business operations.

Ltd., a Singapore private company limited by shares (“AARK”) and its consolidated subsidiaries prior to the Business Combination (as defined below)(excluding the associated legacy financial technology and investing business activities) and to Aeries Technology, Inc. and its consolidated subsidiaries, following the consummation of the Business Combination. Overview Aeries Technology is a global professional services and technology consulting firm that provides specialized expertise to private equity (“PE”) firms’ portfolio companies and middle-market, technology-enabled enterprises. We focus on the strategic planning, establishment, and operational management of Global Capability Centers (“GCCs”), which serve as offshore and nearshore operational hubs that extend and enhance our clients’ business capabilities.

Our model combines strategic consulting, functional operations, and AI-powered transformation — enabling clients to gain operational control, reduce costs, and accelerate digital maturity. Global Capability Centers (GCCs) Aeries designs, builds, and operates GCCs that function as seamless, high-impact extensions of our clients’ organizations. Our GCC model offers clients greater operational control, faster access to skilled global talent, significant cost savings, and the ability to scale flexibly based on strategic priorities.

Overview Aeries Technology is a global professional services and technology consulting firm that provides specialized expertise to private equity (“PE”) firms’ portfolio companies and middle-market, technology-enabled enterprises. We focus on the strategic planning, establishment, and operational management of Global Capability Centers (“GCCs”), which serve as offshore and nearshore operational hubs that extend and enhance our clients’ business capabilities. Our service portfolio combines industry-specific expertise, functional depth, and digital technology solutions to deliver comprehensive support throughout the GCC journey, from strategic planning and center establishment to continuous operational oversight.

Securities litigation, if instituted against us, could result in substantial costs and divert our management’s attention and resources from our business. Any of the factors listed above could materially and adversely affect your investment in our securities, and our securities may trade at prices significantly below the price you paid for them. In such circumstances, the trading price of our securities may not recover and may experience a further decline.

Therefore, the following risk factors should not be considered a complete list of potential risks that we may face. These disclosures also reflect the Company’s beliefs and opinions as to factors that could materially and adversely affect the Company and its securities in the future. References to past events are provided by way of example only and are not intended to be a complete listing or a representation as to whether or not such factors have occurred in the past or their likelihood of occurring in the future.

AI, on the other hand, excels at analyzing complex patterns and generating insights, but it lacks the ability to find and access specific information within vast data stores. Elastic’s Search AI Platform (“our platform”) combines the precision of search with the intelligence of AI to help our customers and community solve real-time business problems, unlock potential value, and achieve better outcomes. Our platform, available as either a cloud service or a self-managed software, allows our customers to find insights and drive AI and machine learning use cases from large amounts of data.

AI, on the other hand, excels at analyzing complex patterns and generating insights, but it lacks the ability to find and access specific information within vast data stores. The Elasticsearch Platform (“our platform”) combines the precision of search with the intelligence of AI to help our customers and community solve real-time business problems, unlock potential value, and achieve better outcomes. Our platform, available as either a cloud service or a self-managed software, allows our customers to find insights and drive AI and machine learning use cases from large amounts of data.

We help organizations, their employees, and their customers find what they need faster, while keeping mission-critical applications and infrastructure running smoothly and protecting against cyber threats. As digital transformation continues to drive mission-critical business functions to the cloud, we believe that every company must incorporate search AI capabilities across IT and line-of-business organizations to find the answers that matter from all of its data in real time and at scale. Our platform is able to ingest data from any source, in any format, and perform search, analysis, and visualization of that data.

We help organizations, their employees, and their customers find what they need faster, while keeping mission-critical applications and infrastructure running smoothly and protecting against cyber threats. As digital transformation continues to drive mission-critical business functions towards increasingly complex data landscapes, we believe that every company must incorporate search AI capabilities across IT and line-of-business organizations to find the answers that matter from all of its data in real time and at scale. Our platform is able to ingest data from any source, in any format, and perform search, analysis, and visualization of that data.

We may not actually achieve the plans, intentions, or expectations disclosed in our forward-looking statements. The summary below does not contain all of the information that may be important to you, and you should read this summary together with the more complete discussion of the risks and uncertainties we face, which are set forth in Part I, “Item 1A—Risk Factors” in this Annual Report on Form 10-K. • If we do not appropriately manage our future growth or are unable to improve our systems and processes, our business and results of operations may be adversely affected. • We have a history of losses and may not be able to achieve profitability on a consistent basis. • Information technology spending, sales cycles, and other factors affecting the demand for our offerings and our results of operations have been, and may continue…

We may not actually achieve the plans, intentions, or expectations disclosed in our forward-looking statements. The summary below does not contain all of the information that may be important to you, and you should read this summary together with the more complete discussion of the risks and uncertainties we face, which are set forth in Part I, “Item 1A—Risk Factors” in this Annual Report on Form 10-K. • If we do not appropriately manage our future growth or are unable to improve our systems and processes, our business and results of operations may be adversely affected. • We have a history of losses and may not be able to achieve profitability on a consistent basis. • IT spending, sales cycles, and other factors affecting the demand for our offerings and our results of operations have been, and may continue to be, negatively impacted by current macroeconomic conditions, including declining rates of economic growth, inflationary pressures, increased interest rates, changes in U.S. federal government spending, evolving international trade policies and environments, geopolitical turmoil, and other conditions discussed in this report. • Our business, reputation, or financial results may be adversely affected by any failure by us to be successful in our AI initiatives, by significant competition we face in the AI landscape, and by uncertain market understanding and valuation of AI and machine learning technologies, and ethical and regulatory issues relating to the use of AI in our offerings may result in new or enhanced governmental or regulatory scrutiny, reputational harm, damage to our competitive position, and liability. • The use of AI by our workforce may present risks to our business. • We and our third-party vendors are vulnerable to cybersecurity risks and incidents that may disrupt or damage our business. • Our future growth, business, and results of operations will be harmed if we are not able to keep pace with technological and competitive developments, increase sales of our subscriptions to new and existing customers, renew existing customers’ subscriptions, respond effectively to evolving markets, offer high-quality support services, or maintain and enhance our brand. • We may not be able to expand adoption of, or realize expected return on investments in, our cloud-based offerings. • Our operating results may fluctuate from quarter to quarter. • Our consumption-based arrangements for our Elastic Cloud offerings make it difficult to accurately predict the long-term rate of customer adoption or renewal, or the impact those arrangements will have on our near-term or long-term revenue and operating results. • Because we recognize the vast majority of our revenue from subscriptions, downturns or upturns in sales are not immediately reflected in full in our results of operations. • We expect our revenue mix to vary over time. • We may not be able to attract and retain key employees or effectively develop and expand our sales, marketing, and customer support capabilities. • We may not be able to realize the benefits of our marketing strategies, such as where we offer some of our product features free of charge and provide free trials to some of our paid features. • Our international business exposes us to a variety of risks, and if we are not successful in sustaining and expanding our international business, we may incur additional losses and our revenue growth could be harmed. • We are exposed to fluctuations in currency exchange rates. • We are subject to risks associated with our receipt of revenue from sales to government entities. • If our partners, including cloud providers, systems integrators, channel partners, referral partners, original equipment manufacturing (“OEM”) and managed service provider (“MSP”) partners, and technology partners fail to perform, or we are unable to maintain successful relationships with them, our ability to market, sell, and distribute our solution may be limited. • We could be negatively impacted if the source code licenses under which some of our software is licensed are not enforceable. Business Overview Elastic, the Search AI Company, enables its customers to transform data into answers, actions, and outcomes with Search AI.

These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by the forward-looking statements. Forward-looking statements are indicated by words such as "anticipate," "believe," "continue," "could," "estimate," "can," "may," "might," "intend," "expect," "plan," "goal," "predict," "project," "outlook," "encourage," "potential," "should," "will," “strive,” “future,” and similar words and expressions. Forward-looking statements are not a guarantee of future performance and involve risks and uncertainties, and there are certain important factors that could cause our actual results to differ, possibly materially, from expectations or estimates reflected in such forward-looking statements including those described in the "Risk Factors" and elsewhere in this Form 10-K.

These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by the forward-looking statements. Forward-looking statements are indicated by words such as "anticipate," "believe," "continue," "could," "estimate," "can," "may," "might," "intend," "expect," "plan," "goal," "predict," "project," "outlook," "encourage," "potential," "should," "will," “strive,” “future,” "focus," and similar words and expressions. Forward-looking statements are not a guarantee of future performance and involve risks and uncertainties, and there are certain important factors that could cause our actual results to differ, possibly materially, from expectations or estimates reflected in such forward-looking statements including those described in the "Risk Factors" and elsewhere in this Form 10-K.

Except as required by law, we undertake no obligation to update or announce any revisions to forward-looking statements contained in this Form 10-K, whether as a result of new information, future events or otherwise. 2 PAR T I (Dollar amounts in thousands except per share data) Item 1. Business Graham Corporation ("we," "us," "our" or the "Company") is a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy & Process, and Space industries.

Except as required by law, we undertake no obligation to update or announce any revisions to forward-looking statements contained in this Form 10-K, whether as a result of new information, future events or otherwise. 2 PAR T I (Dollar amounts in thousands except per share and square footage data) Item 1. Business Graham Corporation ("we," "us," "our" or the "Company") is a global leader in the design and manufacture of mission critical fluid, power, heat transfer, vacuum, and advanced mixing technologies for the Defense, Energy & Process, and Space industries.

Business Graham Corporation ("we," "us," "our" or the "Company") is a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the Defense, Energy & Process, and Space industries. We design and manufacture custom-engineered vacuum, heat transfer, cryogenic pump and turbomachinery technologies.

Business Graham Corporation ("we," "us," "our" or the "Company") is a global leader in the design and manufacture of mission critical fluid, power, heat transfer, vacuum, and advanced mixing technologies for the Defense, Energy & Process, and Space industries. For the Defense industry, our equipment is used in nuclear and non-nuclear propulsion, power, fluid transfer, thermal management, and advanced mixing systems.

Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] meets regularly with other members of our executive team to provide relevant updates on our cybersecurity program. 31, 2025 Summary of Significant Accounting Policies [Abstract] Recently Adopted Accounting Pronouncements and Accounting Pronouncements Not Yet Adopted Recently Adopted Accounting Pronouncements Reportable Segment Disclosures In November 2023, the FASB issued ASU 2023-07, Improvements to Reportable Segment Disclosures (Topic 280) . This standard requires the Company to disclose significant segment expenses that are regularly provided to the chief operating decision maker (“CODM”) and are included within each reported measure of segment operating results.

Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block] meets regularly with other members of our executive team to provide relevant updates on our cybersecurity program. 31, 2026 Summary of Significant Accounting Policies [Abstract] Recently Adopted Accounting Pronouncements and Accounting Pronouncements Not Yet Adopted Recently Adopted Accounting Pronouncements Improvements to Income Tax Disclosures In December 2023, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2023-09, Improvements to Income Tax Disclosures (Topic 740) . This standard requires the Company to provide further disaggregated income tax disclosures for specific categories on the effective tax rate reconciliation, as well as additional information about federal, state/local and foreign income taxes.

This guidance is effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024, with early adoption permitted. The adoption of this guidance as of March 31, 2025 increased the Company’s disclosures (see Note 20) but did not have any material effect on its consolidated financial statements. Accounting Pronouncements Not Yet Adopted Disclosure Improvements In October 2023, the FASB issued ASU 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative .

The standard is to be applied on a prospective basis, although optional retrospective application is permitted. The Company adopted this standard on a prospective basis as of March 31, 2026, which expanded the Company’s income tax disclosures (see Note 17). Accounting Pronouncements Not Yet Adopted Disclosure Improvements In October 2023, the FASB issued ASU 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative .

We operate in the $130 billion automotive aftermarket for replacement hard parts in North America. Our hard parts products include light-duty rotating electrical products, wheel hub products, brake-related products, and turbochargers. In addition, we sell test solutions and diagnostic equipment, which were added with our acquisitions of D&V Electronics Ltd. in July 2017 and Mechanical Power Conversion, LLC in December 2018 and heavy-duty rotating electrical products, which were added with our January 2019 acquisition of Dixie Electric, Ltd.

We operate in the $130 billion automotive aftermarket for replacement hard parts in North America. Our hard parts products include light-duty rotating electrical products and brake-related products. In addition, we sell test solutions and diagnostic equipment, which were added with our acquisitions of D&V Electronics Ltd. in July 2017 and Mechanical Power Conversion, LLC in December 2018 and heavy-duty rotating electrical products, which were added with our January 2019 acquisition of Dixie Electric, Ltd.