GSE Holding (NYSE:GSE) manufactures and offers services associated with containment solutions for environmental protection and confinement reasons. In particular, the company makes liners and covers used in these industrial containments. These products and services are used in a wide variety of industries such as water reservoirs, agriculture, mining, oil and gas, and waste management. The company operates facilities and has customers across the globe.
For the first nine months in 2011, GSE reported a total sales of $354M. This resulted in a net income of $1.9M. For the same period in 2010, GSE reported a total sales of $253M and a net loss of $14.7M. 
The company's initial public offering of stock on the NYSE occurred on February 13, 2012. The company offered 7M shares each for $9. This was at the midpoint of the initial price range. The deal raised a total of $63M. The lead mangers of the deal were Oppenheimer Holdings (OPY), William Blair, and FBR Capital Markets Corp (FBCM).
GSE Holding's products are subject to government regulations. These regulations often dictate which covers and liners must be used to prevent the contained substance - be it waste, mining by products, or some other material - from seeping into the surrounding environment. In addition, the make up of the liners and covers themselves must not be harmful to the surrounding region. Thus, if new regulation may impact GSE's products both by supporting or hurting it.