National Presto Industries, Inc. Overview
Pro stress-test →National Presto Industries operates an eclectic product portfolio consisting of household appliances, ammunition, and diapers across three segments: Defense, Housewares/Small Appliance, and Safety. Founded in 1905 in Eau Claire, Wisconsin, the company has evolved from its pressure cooker origins into a diversified manufacturer serving both consumer and defense markets.
Strategic Profile
Pro stress-test →The Housewares/Small Appliance segment designs and sells small household appliances and pressure cookers under the PRESTO® brand name and is recognized as an innovator of new products. The Defense segment manufactures 40mm ammunition, precision mechanical and electro-mechanical assemblies, and medium caliber cartridge cases. Management has revealed a change in strategy with respect to sourcing of Housewares/Small Electric appliances, focusing on the placement of new products in other jurisdictions rather than attempting to move all products from China.
Competitive Landscape
Pro stress-test →National Presto competes in the consumer small appliance market under the PRESTO® brand, facing competition from larger diversified appliance manufacturers. In defense, the company's AMTEC subsidiary manufactures ammunition and ordnance products, competing for U.S. Government contracts with specialized defense contractors. The Safety segment operates in niche markets for smoke detection and commercial fire suppression.
Industry Context
National Presto Industries, Inc. operates in Diversified Manufacturing.
Key facts
Founded: 1905 · Headquarters: Eau Claire, United States · Employees: 147 · Revenue: $504M · Market cap: $1.01B