LSB Industries makes a wide variety of chemicals (including nitric acid) and climate-control products. Its Chemical business segment makes nitrate fertilizers and acids for agricultural, mining, and industrial markets. The Climate Control division makes hydronic fan coils and a variety of heat pumps and other heating, ventilation, and air conditioning (HVAC) products. LSB Industries also sells industrial machinery and related parts to machine tool dealers and other customers in North America. The company's Chemical unit accounted for 62% of the company's 2014 revenues; geographically, most of its sales are in the US. In 2016 it retained Morgan Stanley as its financial advisor to explore strategic alternatives.