80420--12/8/2010--POWELL_INDUSTRIES_INC

related topics
{personnel, key, retain}
{acquisition, growth, future}
{loss, insurance, financial}
{financial, litigation, operation}
{stock, price, operating}
{operation, international, foreign}
{condition, economic, financial}
{interest, director, officer}
{competitive, industry, competition}
{customer, product, revenue}
Our operations could be adversely impacted by the Macondo well incident, the continuing effects from the U.S. government moratorium on offshore deepwater drilling projects and related new regulations. Our industry is highly competitive. International and political events may adversely affect our operations. Fluctuations in the price and supply of raw materials used to manufacture our products may reduce our profits. Our volume of fixed-price contracts and use of percentage-of-completion accounting could result in volatility in our results of operations. Our acquisition strategy involves a number of risks. Our backlog is subject to unexpected adjustments and cancellations and, therefore, may not be a reliable indicator of our future earnings. Our operating results may vary significantly from quarter to quarter. We may be unsuccessful at generating profitable internal growth. The departure of key personnel could disrupt our business. Our business requires skilled labor, and we may be unable to attract and retain qualified employees. Actual and potential claims, lawsuits and proceedings could ultimately reduce our profitability and liquidity and weaken our financial condition. We carry insurance against many potential liabilities, and our management of risk may leave us exposed to unidentified or unanticipated risks.

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