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And every one of our segments, including the higher-margin ones, such as Welding as well as Automotive, which is really dealing with some near-term pressures primarily related to price cost as well as just volume leverage.
It makes sense that Ford Europe wants to prioritize putting its future technologies — and those of its current partners — toward higher-margin vehicles with a wider consumer reach.
Source: https://jalopnik.com/ford-doesnt-want-to-rule-out-a-fiesta-ev-but-it-also-c-1850630938
It tends to be one of our higher-margin businesses as well and definitely an area for us that we're doubling on.
Still, there are considerable opportunities to grow the segment because most of the items sold are higher-margin general merchandise.
This has the virtuous cycle benefit of higher instrument sales and higher-margin consumable pull-through over time.