Risk Factors Update Summary
- Supply chain constraints may impact lower volume product lines more significantly, notably Defense and Off-Highway.
- Labor cost inflation and retention challenges could adversely affect operations, exacerbated by significant labor cost increases.
- Failure to retain key executives or plan succession adequately could harm business continuity and management stability.
- Geopolitical risks, including conflicts in Ukraine and the Middle East, may adversely affect operations.
- Cybersecurity threats pose a significant risk, potentially impacting production, reputation, and regulatory compliance.
- Changes in data protection laws and regulations could result in legal liability and reputational damage.
- Increased compliance burdens due to climate change regulations may affect raw material sourcing and operations.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1411207&owner=exclude
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