Founded in 1905 as a manufacturer of commercial canning equipment, National Presto Industries has evolved into a diversified business spanning military ordnance and consumer goods. The company's Defense segment, which accounts for the majority of its revenue, manufactures 40mm ammunition, precision mechanical assemblies, cartridge cases, and energetic devices for the U.S. military and allied forces. Its Housewares/Small Appliance segment designs and distributes a wide range of kitchen electrics, pressure cookers, and comfort appliances under the historic Presto brand. A smaller Safety segment focuses on early warning systems and fire extinguishers. Headquartered in Eau Claire, Wisconsin, the company leverages its long-standing government contracting relationships and consumer brand recognition to maintain a unique, dual-market business model.