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Research and Development
12 Months Ended
Dec. 31, 2024
Research and Development [Abstract]  
Research and Development
Note 23 - Research and Development
The Company leverages its technical knowledge, research expertise, and production and engineering capabilities across all of its products and end markets to deliver high-performance products and services to its customers. Costs included in "Research and Development Expense" primarily relate to new product innovation. Costs included in "Engineering Expense" primarily relate to the technological enhancement of existing products and services as we align with our customers evolving needs. Expenditures may fluctuate from year-to-year depending on special projects and needs.
Year Ended December 31,
Expenditures as a percentage of sales202420232022
Research and Development Expense1.1 %0.8 %0.8 %
Engineering Expense2.1 %1.9 %1.5 %
Total3.2 %2.7 %2.3 %