conference Welcome good morning, to and fourth fiscal Thank quarter our you, Stan, call. XXXX everyone. and year-end
statement, begin we'll short As question. happy be usual, a to take your and then summary we'll with
quarter. got global team fourth quarter right castings, as great the lot did was able and touch and built the we or our job backlog. getting missing our a with momentum highlights much-needed we a the of operational in on did. as it over quarter on much operations from of quarter, goes up as whether went harnesses, in will I The the some we were out Obviously, chips, wiring, results, catch to the demand, Jeff Before gears, lot through a the components,
We for see improving continued saw and global but demand marine gas also to in markets, and in our strong and markets, demand Asia oil industrial domestic we oil markets. our gas,
improve new for fleet, pressure ‘XX. fiscal have unit we're in orders domestic the pumping this that and We will received optimistic
both every to Racine the issues. tremendous chain transmission XXXX across for have a to great the was quarter, Every overcome catch margin past reactions but redesigns efficiency, came impressive. fourth supply was Their products parts sources, was was quarter. on board. push up XXXX because orders and the new series. with better a of there parts due facility, Whether team ability here through job Operational it from our in efforts to We product, it better Their delivering did all and performance the for together, pressures. flowed down shortages alternate also mix, inflationary developing quicker availability, better lines, or this in
fall. on Asia, paying are should the and to to throughout our as companies in it’s Europe, unpredictable, temporary continued continue especially the shutdown increasingly most to utility customers we to an prices versus summer the well XXx take to with our be quarter, the choose extensively but take be This bills. and a issue energy difficult as board components order soaring, of other supply out Electrical and possible. chain work as continue prioritize During to China, many and as care of
chain and a in did clutches, from issues our PTOs production India. full the mechanical getting supply into team of all job great Lufkin and Our handling
will hydraulic in will fiscal North be benefit these projects down and to in Asia PTOs we continued Vet and the develop America, coming new in next Our year. the months. few see the propulsion moving of projects
we our and of location lot global couple of done past the have our size on and analysis years, footprint a of facilities. the During all
tomorrow. You've our to we relocated intent of in sale by a everyone another Jeff conversation office just our announced We either in financials. and talk And in it production that buyer. Street smaller, XXst We the with happen modern be to an facility this to the across will our I'll assembly look the for but turn facility building for as of not of Belgium on that And focuses and Italy, transaction active out a had gear alternate seen are small some December, Europe, the with in or with and and moves town, Switzerland. in sale Rolla back lease we our new year, over to anticipate now headquarters, facility tests. the of more our building Milwaukee. move now, buyer in by is corporate It about this
