U.S. stocks mixed as rising yields pressure tech sector
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Pressure Technologies plc is a United Kingdom-based holding company. The Company’s segments include Cylinders and Precision Machined Components. Its Cylinders segment is engaged in the design manufacture and reconditioning of seamless high pressure gas cylinders. Its Precision Machined Components segment is engaged in the manufacture of specialized, precision-engineered valve wear parts used in the oil and gas industries. It serves a range of markets, which include oil and gas, defense, industrial gases, and hydrogen energy markets. The Company’s subsidiaries include Al-Met Limited, Chesterfield Special Cylinders Limited (CSC), CSC Deutschland GmbH, Chesterfield Special Cylinders Inc, Quadscot Precision Engineers Limited, Quadscot Holdings Limited, Martract Limited and PT Precision Machined Components Limited.