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Mairs & Power Small Cap Fund Comments on Gentherm
Posted by: Vera Yuan (IP Logged)
Date: July 31, 2014 02:57PM
Gentherm (THRM), a manufacturer of automobile seat heating and cooling equipment, contributed the most to outperformance for the six-month and second-quarter periods, through June 30, returning 65.80% and 28.02%, respectively. Gentherm continues to benefit from increased inclusion of its products on Original Equipment Manufacturer (OEM) auto platforms as well as from other applications of its proprietary technology (consider how welcome heated seats would have been during Minnesota’s brush with the Polar Vortex last winter).
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