Business: Badger Meter Inc. is a manufacturer and marketer of products incorporating liquid flow measurement and control technologies serving markets globally. The Company’s products are used in a variety of applications, including water, oil and lubricants. Its product lines fall into two categories: water applications and specialty applications. Water applications include water meters and related technologies and services used by water utilities as the basis for generating water and wastewater revenues. Specialty applications include the sale of meters and related technologies and services for measuring a range of fluids in industries, such as food and beverage, pharmaceutical production, petroleum, heating, ventilating and air conditioning (HVAC), and measuring and dispensing automotive fluids.