A. O. Smith targets accelerated growth in key point-of-use water treatment markets

The water heater manufacturer is investing heavily to take its filtration systems to a wider audience, both in the US and in selected emerging markets. While the top line is growing rapidly, the margins will take some time to catch up with the rest of the business.

NYSE-listed water products manufacturer A. O. Smith is predicting 40% growth in its global water treatment business over the next five years, as it continues to penetrate high-growth markets in Asia, while leveraging its strong position in the US water heater segment.

“Our water treatment revenues last year were around $200 million, and this year, they’ll be around $280...

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