The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M Co COM 88579Y101 32,224 294,690 SH   SOLE 0 294,690 0 0
Agrium Inc COM 008916108 34,629 398,222 SH   SOLE 0 398,222 0 0
Apple Inc COM 037833100 238 600 SH   SOLE 0 600 0 0
Briggs & Stratton Corp COM 109043109 15,724 794,121 SH   SOLE 0 794,121 0 0
Chicago Bridge & Iron Co N V N Y REGISTRY SH 167250109 46,779 784,085 SH   SOLE 0 784,085 0 0
Cisco Sys Inc COM 17275R102 47,121 1,936,358 SH   SOLE 0 1,936,358 0 0
Corning Inc COM 219350105 29,281 2,057,687 SH   SOLE 0 2,057,687 0 0
Du Pont E I De Nemours & Co COM 263534109 37,506 714,406 SH   SOLE 0 714,406 0 0
Emerson Elec Co COM 291011104 14,735 270,163 SH   SOLE 0 270,163 0 0
FedEx Corp COM 31428X106 30,575 310,151 SH   SOLE 0 310,151 0 0
Ingersoll-Rand PLC SHS G47791101 36,238 652,705 SH   SOLE 0 652,705 0 0
Intel Corp COM 458140100 30,295 1,250,305 SH   SOLE 0 1,250,305 0 0
Itron Inc COM 465741106 17,738 418,055 SH   SOLE 0 418,055 0 0
Johnson & Johnson COM 478160104 29,397 342,386 SH   SOLE 0 342,386 0 0
Liquidity Services Inc COM 53635B107 25,598 738,341 SH   SOLE 0 738,341 0 0
Materion Corp COM 576690101 20,209 745,988 SH   SOLE 0 745,988 0 0
NCR Corp New COM 62886E108 51,177 1,551,280 SH   SOLE 0 1,551,280 0 0
National Oilwell Varco Inc COM 637071101 37,214 540,118 SH   SOLE 0 540,118 0 0
Northstar Rlty Fin Corp COM 66704R100 91 10,000 SH   SOLE 0 10,000 0 0
Opko Health Inc COM 68375N103 71 10,000 SH   SOLE 0 10,000 0 0
Oracle Corp COM 68389X105 26,597 866,072 SH   SOLE 0 866,072 0 0
Scotts Miracle Gro Co CL A 810186106 17,157 355,147 SH   SOLE 0 355,147 0 0
Siemens A G SPONSORED ADR 826197501 33,205 327,755 SH   SOLE 0 327,755 0 0
Sony Corp ADR NEW 835699307 20,046 946,021 SH   SOLE 0 946,021 0 0
Stanley Black & Decker Inc COM 854502101 28,190 364,677 SH   SOLE 0 364,677 0 0
Terex Corp New COM 880779103 32,790 1,246,752 SH   SOLE 0 1,246,752 0 0
US Bancorp Del COM NEW 902973304 289 8,000 SH   SOLE 0 8,000 0 0
Wabtec Corp COM 929740108 24,540 459,290 SH   SOLE 0 459,290 0 0
Wells Fargo & Co New COM 949746101 494 11,970 SH   SOLE 0 11,970 0 0
Xylem Inc COM 98419M100 33,582 1,246,541 SH   SOLE 0 1,246,541 0 0