Balmoral Funds

R.H. Sheppard Co., Inc. specializes in designing and manufacturing engineered products primarily for the truck, bus, rail, construction, military, and recreational vehicle sectors. Established in 1937 and headquartered in Hanover, Pennsylvania, with an additional office in Wytheville, Virginia, the company produces a variety of products including heavy-duty power steering gears and assemblies, remanufactured power steering units, axle sway bars, and high-pressure hydraulic pumps. Additionally, R.H. Sheppard provides steering wheels, columns, intermediate shafts, gears, pitman arms, and draglinks. The company also offers services such as steering system design, foundry services, iron castings, and heat-treating of ferrous metal components. Its products are distributed through a network of dealers and service technicians, and as of June 2020, it operates as a subsidiary of Bendix Commercial Vehicle Systems LLC.

Xirgo Technologies is a provider of advanced wireless IoT communication devices and platforms. The company specializes in offering telematics modules that support various applications, including fleet management, asset tracking, and usage-based driving. Xirgo's solutions are designed to enhance operational efficiencies for clients in sectors such as transportation and heavy equipment. By delivering high-value M2M communication platforms, Xirgo enables its customers to rapidly develop and implement differentiated solutions that meet the needs of their markets and stakeholders. The company's innovative approach facilitates significant time-to-market advantages, allowing clients to concentrate on their core strengths while improving overall performance.

DWFritz Automation, Inc. specializes in manufacturing and marketing automation, metrology, and inspection solutions for advanced manufacturing sectors. Established in 1973 and based in Wilsonville, Oregon, with an additional facility in Shanghai, China, the company focuses on engineered-to-order automation systems tailored for various industries, including consumer electronics, medical devices, aerospace, precision manufacturing, energy storage, semiconductors, and automotive. DWFritz Automation offers a range of products, such as the AMP 3100 for small part inspections, a defect detection system for identifying surface imperfections, and the ZeroTouch solution for parts inspection. The company's expertise encompasses high-precision custom automation systems, non-contact metrology products, and assembly services, enabling clients to address complex manufacturing challenges efficiently while reducing costs and time.

Trecora Resources is engaged in the manufacturing of specialty petrochemical products and synthetic waxes, primarily serving the United States market. The company's specialty petrochemical segment includes high purity hydrocarbons and various petroleum-based products such as isopentane, normal pentane, isohexane, and hexane. Additionally, Trecora produces specialty synthetic waxes, which encompass specialty polyethylene and poly alpha olefin waxes. The company also offers customer processing services, further enhancing its product offerings. The majority of Trecora's revenue is generated from its specialty petrochemical segment, reflecting its focus on high-quality, specialized products in the petrochemical industry.

Resco Products, Inc. is a manufacturer of refractory products that serve various industries, including metal, hydrocarbon processing, cement, and lime production. Established in 1946 and headquartered in Pittsburgh, Pennsylvania, the company produces a wide range of products such as bricks, clay-alumina castables, gun mixes, magnesia-based specialties, and precast shapes. These offerings are designed to help clients minimize downtime and enhance yield volume. In addition to its manufacturing capabilities, Resco Products also provides services in private labeling and refractory engineering, as well as research and development. The company operates multiple plants across the United States and in the United Kingdom, further extending its reach in the refractory market.

Epsilyte LLC, founded in 2020 and headquartered in Peru, Illinois, specializes in manufacturing expandable polystyrene resins that serve a variety of applications, including building insulation, packaging, and safety equipment. The company's products are designed to enhance energy efficiency in construction, ensure the safe transport of food and pharmaceuticals through innovative packaging solutions, and provide protection in safety gear like helmets. Epsilyte also engages in infrastructure investments both domestically and internationally, focusing on delivering high-performance materials that meet the evolving needs of its clients. As a former subsidiary of Flint Hills Resources, LLC, Epsilyte is positioned to contribute to advancements in energy-efficient building practices and secure packaging technologies.

KP Aviation, Inc. is a supplier of commercial jet engine and aircraft components, catering to various sectors within the aviation industry, including airlines, maintenance, repair, and overhaul (MRO) providers, investment and leasing firms, and aftermarket suppliers. Established in 2001 and based in Reno, Nevada, the company maintains a substantial inventory of aviation parts and offers a diverse range of services. These include engine and aircraft sales and leasing, component exchange solutions, aviation asset management, quality control, technical evaluations, and AOG (Aircraft on Ground) services. By providing tailored solutions for different aircraft and engine platforms, KP Aviation aims to meet the specific needs of its clients in the fixed-wing aviation marketplace.

LifePort, Inc. specializes in the design and manufacture of customized interior solutions for fixed and rotary-wing aircraft, serving both military and commercial sectors globally. Founded in 1990 and based in Woodland, Washington, the company provides a range of products including stacking litters, stretchers, advanced life support systems, cabinetry, flooring, operator consoles, powered loading systems, seating, ballistic protection, transparent armor, and other essential components. LifePort caters to various segments such as air medical and executive aviation, offering lightweight ballistic protection systems, customized mission seating, command and control consoles, and other engineered components tailored for both civil and military applications.

VESTA provides general contractor services, delivering modular buildings from simple offices to multi-story developments. The compan focuses on providing modular building solutions that would change the way people thought about the building process. Developed by a management team that has years of experience and truly understands the modular building process, VESTA brings a professional approach and unique perspective to its projects utilizing a greener, faster, and smarter way of building.

MOOYAH Burgers, Fries & Shakes is a fast-casual restaurant chain based in Plano, Texas, specializing in made-to-order burgers, hand-cut fries from Idaho potatoes, and real ice cream shakes. The company prides itself on using fresh ingredients, including Certified Angus Beef® for its burgers, all-natural Jennie-O® turkey for healthier options, and black bean veggie burgers. Buns are baked in-house daily, and toppings feature garden-fresh vegetables. MOOYAH operates through a franchising model, with locations across several states, including California, Connecticut, Tennessee, and Texas. The brand has developed a loyalty program, the MOOYAH Rewards App, which enhances the customer experience with options for online ordering. MOOYAH has received recognition in the fast-casual dining sector, consistently ranking in various industry accolades for its service and franchise performance.

Silver Aero is an Aerospace aftermarket firm that sell and lease aircraft engines, air-frames and their associated parts.

Enesco is a prominent global company specializing in the giftware and home and garden décor sectors. The company designs, manufactures, markets, and distributes a diverse range of products, including contemporary gifts, home accessories, jewelry, and personalized merchandise. Enesco serves a wide array of customers, including large department store chains, mass market channels, online retailers, home décor boutiques, and specialty card and gift retailers. Its offerings cater to various occasions and recipients, making it a key player in the celebration of life's moments.

Concurrent Manufacturing Solutions, LLC, founded in 2006 and based in Doral, Florida, specializes in electronic contract manufacturing services, catering primarily to original equipment manufacturers. As a subsidiary of Cypress Holdings, Inc., the company has established long-term relationships with Fortune 500 clients, demonstrating the quality and reliability of its offerings. The firm provides a wide range of services, including the assembly and integration of cables, printed circuit board assemblies (PCBA), electro-mechanical assemblies, and metal fabrication. Their expertise extends to enclosure fabrication and complete box build solutions, enabling them to deliver integrated manufacturing services across various industries, including telecommunications, industrial, energy, defense, and aerospace markets. Concurrent Manufacturing Solutions emphasizes customer engagement and flexible manufacturing capabilities to optimize value-added services, aiming to support clients from prototype development through to end-of-life product support.

Dispatch Transportation Inc. is a transportation company based in Fontana, California, specializing in dump truck and dirt hauling services. Established in 1953, it operates primarily in California, serving regions including Los Angeles, Orange County, San Bernardino, Riverside, and Palm Springs. The company caters to the construction and aggregate industries, providing truck rental services, equipment leasing, site loading, heavy equipment operations, and logistics solutions. Its focus on quality service ensures that clients receive reliable transportation between load and dumpsites at competitive pricing.

Bennington Marine is a manufacturer of luxury pontoon boats located in Elkhart, Indiana. Established 15 years ago, the company specializes in producing family-friendly performance boats known for their superior fit, finish, comfort, and aesthetic appeal. Bennington Marine holds a dominant position in the middle- to high-end segments of the pontoon market, offering products that cater to fishing and boating enthusiasts. In addition to its flagship brand, Bennington, the company also produces boats under the brands Godfrey Pontoon Boats, Hurricane, and Rinker, serving customers across the United States and Canada.

Interstate Southwest is a manufacturer of large components for automobile, aerospace and oil field industries.

Tara Technologies is an aerospace component manufacturing firm that specializes in the design, testing, and production of precision components and sub-assemblies. The company offers a range of products, including chamber sub-systems such as heater pedestals, PVD electro-static chucks, process kit components, and RF matches and power supplies. Additionally, Tara Technologies manufactures precision components like welded metal bellows and assemblies. Its clientele spans various industries, including semiconductor, medical, military, energy, and aerospace, reflecting the company's versatility and commitment to high-quality manufacturing.