Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Msa Hosts Investor Day to Share Accomplishments

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

Msa Hosts Investor Day to Share Accomplishments

Article excerpt

At an Investors Day on Friday, Cranberry safety products company MSA celebrated its 100th anniversary and shared its goals for the future - growth in the international marketplace; plans to target the oil, gas and petrochemical sector; and product development.

"Investors Day gives us the chance to look at the overall strategy and give that overreaching perspective. At times, on a quarterly basis, we can get focused. I think it's very important to get together every couple of years and level set," said CEO and President William M. Lambert.

MSA's products include harnesses, hard hats, breathing apparatus, fixed gas and flame detection devices, and portable gas detection devices. Its core product revenue has increased from 58 percent to 73 percent since 2009, according to CFO Stacy McMahan. The company hopes to reach a 15 percent operating margin by 2015.

One investor asked if a delay in federal approval for MSA's latest firefighter breathing apparatus, the G1 SCBA, might hinder that goal. …

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