Actuant Corporation headquarted in Menomonee Falls

Menomonee Falls, Wisconsin

Menomonee Falls is a village in Waukesha County, Wisconsin, United States, and is part of the Greater Milwaukee area. The population was 35,626 at the 2010 census, making it the most populous village in Wisconsin. It is the fourth largest community in Waukesha County...

, Wisconsin

Wisconsin

Wisconsin is a U.S. state located in the north-central United States and is part of the Midwest. It is bordered by Minnesota to the west, Iowa to the southwest, Illinois to the south, Lake Michigan to the east, Michigan to the northeast, and Lake Superior to the north. Wisconsin's capital is...

, is a $1.5 billion multinational company with operations in more than 30 countries. Founded in 1910, the company was an integral part of the early industrialization period in the United States

United States

The United States of America is a federal constitutional republic comprising fifty states and a federal district...

. In its early years, the company produced water pumps for the legendary Ford Model T

Ford Model T

The Ford Model T is an automobile that was produced by Henry Ford's Ford Motor Company from September 1908 to May 1927...

 and other motor cars. Currently, Actuant is structured into four business segments: Industrial, Energy, Electrical, and Engineered Solutions. The Actuant businesses within these segments are leaders in a wide array of niche markets, including branded hydraulic and electrical tools and supplies, specialized products and services for energy markets, and highly engineered position and motion control systems.

Timeline

In 2010, historian John Gurda

John Gurda

John Gurda is an American writer and historian.Gurda's book, The Making of Milwaukee, was turned into an Emmy Award-winning documentary series by Milwaukee Public Television. He is an eight-time winner of the Wisconsin Historical Society’s Award of Merit. He is also a local history columnist for...

 authored “The Drive To Lead”, a history of Actuant that celebrated the company’s 100th anniversary.

1910 Founded as American Grinder and Manufacturing

1927 Applied Power enters hydraulic business with Blackhawk

1958 Enerpac

Enerpac

The Enerpac business is a division of Actuant, a $1.5 billion diversified global manufacturing company, and is headquarted in Menomonee Falls, Wisconsin. Enerpac is an international market leader in high-pressure hydraulics with locations in North and South America, Europe, Africa, Russia, the...

 founded

1970 Power-Packer founded
1987 Applied Power initial public offering, trades on NASDAQ

NASDAQ

The NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...

1988 Applied Power acquires Gardner Bender from Gardner family

1989 Applied Power acquires Barry Wright Corporation

1992 Applied Power common stock trading moves to the NYSE

1996 Applied Power starts a roll-up of electronic contract manufacturers with the acquisition of Everest

1997 Applied Power acquires Versa Technologies, including Power Gear and Milwaukee Cylinder

1998 Applied Power reorganizes into two business groups: Industrial and Electronics to reflect the growth of the electronic contract manufacturing business

2000 Applied Power spins off its Electronics business segment into a separate public company called APW Ltd. The remainder of Applied Power, consisting of its former Industrial segment begins doing business as Actuant Corporation and trading on the NYSE as ATU.

2001 Applied Power changes name to Actuant
2002 Actuant successfully completes $105 million follow-on equity offering, using proceeds to retire 35% of 13% Senior Subordinated Notes

2003 Actuant acquires Heinrich Kopp A.G (European Electrical)

2004 Actuant acquires Kwikee Products (RV), and Dresco B.V. (European Electrical), and successfully completes $125,000 convertible bond offering.

2005 Actuant acquires Hedley Purvis and Hydratight Sweeney - initiating the Joint Integrity platform. Also completes its largest acquisition to date - Key Components, Inc - which included Gits, Marinco, Acme and Elliott.

2006 Actuant Acquires D.L. Ricci, Precision Sure-Lock, Actown and BEP Marine.

2007 Actuant deploys $163 million of capital on five tuck-in acquisitions including Veha, Injectaseal, Maxima, TTF and BH Electronics.

2008 Actuant acquires TK Simplex and Superior Plant Services, both tuck-ins to the Industrial Segment.

2009 Actuant acquires Cortland adding a new platform (electro mechanical cables & umbilicals and engineered synthetic rope) to the portfolio.

2010 Actuant celebrates its centennial.

2010 CEO Bob Arzbaecher and Actuant management ring the closing bell at the NYSE celebrating centennial.

2010 CEO Bob Arzbaecher talks with CNBC

CNBC

CNBC is a satellite and cable television business news channel in the U.S., owned and operated by NBCUniversal. The network and its international spinoffs cover business headlines and provide live coverage of financial markets. The combined reach of CNBC and its siblings is 390 million viewers...

.

2011 Achieves record cash flow of $158 million and deploys just over $300 million to acquire Mastervolt and Weasler Engineering.

Business Segments

Actuant is organized into four segments: Industrial, Energy, Electrical and Engineered Solutions. The industrial segment is primarily involved in the design, manufacture, and distribution of branded hydraulic and mechanical tools to the maintenance, industrial, infrastructure and production automation markets. The energy segment provides joint integrity products and services, as well as umbilical, rope, and cable solutions to the global oil and gas, power generation, and energy markets. The electrical segment is primarily involved in the design, manufacture, and distribution of a range of electrical products to the retail do it yourself (DIY), wholesale, original equipment manufacturer (OEM), utility and harsh environment markets. The engineered Solutions segment provides engineered position and motion control systems to OEMs in various vehicle markets, as well as a variety of other industrial products.

Industrial

Actuant's industrial segment designs, produces, and markets its industrial tools primarily through its better-known Enerpac

Enerpac

The Enerpac business is a division of Actuant, a $1.5 billion diversified global manufacturing company, and is headquarted in Menomonee Falls, Wisconsin. Enerpac is an international market leader in high-pressure hydraulics with locations in North and South America, Europe, Africa, Russia, the...

, Simplex, Precision Sure-Lock, and Milwaukee Cylinder brands. The company has a large presence in the lifting industry. Their products are used in industrial, infrastructure, energy, mining, rail, and other environments.

Enerpac

Enerpac

The Enerpac business is a division of Actuant, a $1.5 billion diversified global manufacturing company, and is headquarted in Menomonee Falls, Wisconsin. Enerpac is an international market leader in high-pressure hydraulics with locations in North and South America, Europe, Africa, Russia, the...

, Actuant's most profitable company, is a supplier of specialized high-force hydraulic industrial tools. The hydraulic tool line consists of a broad range of products that are generally sold by industrial and specialty fluid power distributors to customers in the infrastructure, mining, steel mill, cement, rail, oil and gas, and general maintenance industries. Enerpac

Enerpac

The Enerpac business is a division of Actuant, a $1.5 billion diversified global manufacturing company, and is headquarted in Menomonee Falls, Wisconsin. Enerpac is an international market leader in high-pressure hydraulics with locations in North and South America, Europe, Africa, Russia, the...

 is a supplier of hydraulic workholding components and systems. The products are marketed through distributors to the automotive, machine tool and fixture design markets.

Enerpac

Enerpac

The Enerpac business is a division of Actuant, a $1.5 billion diversified global manufacturing company, and is headquarted in Menomonee Falls, Wisconsin. Enerpac is an international market leader in high-pressure hydraulics with locations in North and South America, Europe, Africa, Russia, the...

 also provides high-force hydraulic systems; these customized hydraulic products and systems are sold to construction firms or direct to OEM

OEM

OEM means the original manufacturer of a component for a product, which may be resold by another company.OEM may also refer to:-Computing:* OEM font, or OEM-US, the original character set of the IBM PC, circa 1981...

 customers.

PRODUCTS

• Hydraulic cylinders, pumps, valves
• Concrete tensioning
• Integrated solutions
• Production automation

MARKETS SERVED

• Infrastructure
  Infrastructure
  Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...
  
   and Bridge
  Bridge
  A bridge is a structure built to span physical obstacles such as a body of water, valley, or road, for the purpose of providing passage over the obstacle...
  
  s
• Power Generation
  Electricity generation
  Electricity generation is the process of generating electric energy from other forms of energy.The fundamental principles of electricity generation were discovered during the 1820s and early 1830s by the British scientist Michael Faraday...
  
  
• Oil and Gas
  Petroleum industry
  The petroleum industry includes the global processes of exploration, extraction, refining, transporting , and marketing petroleum products. The largest volume products of the industry are fuel oil and gasoline...
  
  
• Mining
  Mining
  Mining is the extraction of valuable minerals or other geological materials from the earth, from an ore body, vein or seam. The term also includes the removal of soil. Materials recovered by mining include base metals, precious metals, iron, uranium, coal, diamonds, limestone, oil shale, rock...
  
  
• Shipbuilding
  Shipbuilding
  Shipbuilding is the construction of ships and floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history.Shipbuilding and ship repairs, both...
  
  
• Building
  Building
  In architecture, construction, engineering, real estate development and technology the word building may refer to one of the following:...
  
  s and Stadium
  Stadium
  A modern stadium is a place or venue for outdoor sports, concerts, or other events and consists of a field or stage either partly or completely surrounded by a structure designed to allow spectators to stand or sit and view the event.)Pausanias noted that for about half a century the only event...
  
  s
• Petrochemical
  Petrochemical
  Petrochemicals are chemical products derived from petroleum. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as corn or sugar cane....
  
  
• Manufacturing
  Manufacturing
  Manufacturing is the use of machines, tools and labor to produce goods for use or sale. The term may refer to a range of human activity, from handicraft to high tech, but is most commonly applied to industrial production, in which raw materials are transformed into finished goods on a large scale...
  
  
• Steel Production
  Steel
  Steel is an alloy that consists mostly of iron and has a carbon content between 0.2% and 2.1% by weight, depending on the grade. Carbon is the most common alloying material for iron, but various other alloying elements are used, such as manganese, chromium, vanadium, and tungsten...
  
   and Metal Production
  Metalworking
  Metalworking is the process of working with metals to create individual parts, assemblies, or large scale structures. The term covers a wide range of work from large ships and bridges to precise engine parts and delicate jewelry. It therefore includes a correspondingly wide range of skills,...
  
  
• Workholding

SAMPLE CUSTOMERS

• Fluid power distributors
• W.W. Grainger
• AIT
  Applied Industrial Technologies
  With fiscal 2010 sales of $1.89 billion, Applied Industrial Technologies is one of North America's largest independent distributors of bearings, power transmission components, hydraulic components and systems, pneumatic components and systems, industrial rubber products, linear components, tools,...
  
  
• Hydraulic Power
• Balfour Beatty
  Balfour Beatty
  Balfour Beatty plc is a British construction, engineering, military housing, rail and investment services company. It is one of the largest construction companies in the UK, and the 15th largest in the world...
  
  
• American Bridge Company
  American Bridge Company
  The American Bridge Company is a privately held civil engineering firm specializing in the construction and renovation of bridges and other large civil engineering projects, founded in 1900, and headquartered in Coraopolis, Pennsylvania, a suburb of Pittsburgh.-Products and industry positioning:The...
  
  

Energy

Actuant's energy segment is a supplier of joint integrity products and services, as well as umbilical, rope and cable solutions to the global oil and gas, power generation and energy markets under the Hydratight, D.L. Ricci, Morgrip, Cortland, FibronBX, Puget Sound Rope, Biach and Selantic brands. Joint integrity products include hydraulic torque wrenches, bolt tensioners and portable machining equipment, which are sold to asset owners, service providers and through distributors or rented to end users. These products are used in the maintenance of joints on oil rigs and platforms, wind turbines

Wind turbine

A wind turbine is a device that converts kinetic energy from the wind into mechanical energy. If the mechanical energy is used to produce electricity, the device may be called a wind generator or wind charger. If the mechanical energy is used to drive machinery, such as for grinding grain or...

, refineries and pipelines, as well as fossil fuel and nuclear power plants to reduce customer downtime and provide increased safety and reliability. It also provides manpower services whereby its trained technicians perform bolting, machining and joint integrity work for customers.

The energy segment also provides custom engineered umbilicals, cable and high performance slings and synthetic rope to service providers and asset owners, which are used in the maintenance and installation of sub-sea oil and gas production equipment, as well as in oil and gas exploration. Energy segment sales and services are provided to customers in emerging markets

Emerging markets

Emerging markets are nations with social or business activity in the process of rapid growth and industrialization. Based on data from 2006, there are around 28 emerging markets in the world . The economies of China and India are considered to be the largest...

, as well as in the North Sea

North Sea

In the southwest, beyond the Straits of Dover, the North Sea becomes the English Channel connecting to the Atlantic Ocean. In the east, it connects to the Baltic Sea via the Skagerrak and Kattegat, narrow straits that separate Denmark from Norway and Sweden respectively...

, Middle East

Middle East

The Middle East is a region that encompasses Western Asia and Northern Africa. It is often used as a synonym for Near East, in opposition to Far East...

, South America

South America

South America is a continent situated in the Western Hemisphere, mostly in the Southern Hemisphere, with a relatively small portion in the Northern Hemisphere. The continent is also considered a subcontinent of the Americas. It is bordered on the west by the Pacific Ocean and on the north and east...

, China

China

Chinese civilization may refer to:* China for more general discussion of the country.* Chinese culture* Greater China, the transnational community of ethnic Chinese.* History of China* Sinosphere, the area historically affected by Chinese culture...

, Asia

Asia

Asia is the world's largest and most populous continent, located primarily in the eastern and northern hemispheres. It covers 8.7% of the Earth's total surface area and with approximately 3.879 billion people, it hosts 60% of the world's current human population...

, Gulf of Mexico

Gulf of Mexico

The Gulf of Mexico is a partially landlocked ocean basin largely surrounded by the North American continent and the island of Cuba. It is bounded on the northeast, north and northwest by the Gulf Coast of the United States, on the southwest and south by Mexico, and on the southeast by Cuba. In...

, and Canada

Canada

Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

.

PRODUCTS

• Hydraulic torque wrench
  Hydraulic torque wrench
  A hydraulic torque wrench is a tool designed to exert torque on a fastener to achieve proper tightening or loosening of a connection through the use of hydraulics. A torque wrench is applied to the nut either directly or in conjunction with an impact socket. Hydraulic torque wrenches apply a...
  
  es and tensioners
• In-situ machining equipment
• On-site joint integrity & other services
• Equipment rental
• Emergency pipeline connectors
• Electro-mechanical cables and umbilicals
• Engineered synthetic rope
• Slings

MARKETS SERVED

• Oil and Gas
  Petroleum industry
  The petroleum industry includes the global processes of exploration, extraction, refining, transporting , and marketing petroleum products. The largest volume products of the industry are fuel oil and gasoline...
  
  
• Power Generation
  Electricity generation
  Electricity generation is the process of generating electric energy from other forms of energy.The fundamental principles of electricity generation were discovered during the 1820s and early 1830s by the British scientist Michael Faraday...
  
  
• Wind turbines
  Wind turbine
  A wind turbine is a device that converts kinetic energy from the wind into mechanical energy. If the mechanical energy is used to produce electricity, the device may be called a wind generator or wind charger. If the mechanical energy is used to drive machinery, such as for grinding grain or...
  
  
• Nuclear
  Nuclear power
  Nuclear power is the use of sustained nuclear fission to generate heat and electricity. Nuclear power plants provide about 6% of the world's energy and 13–14% of the world's electricity, with the U.S., France, and Japan together accounting for about 50% of nuclear generated electricity...
  
  
• Medical
• Defense
• Marine

SAMPLE CUSTOMERS

• BP
  BP
  BP p.l.c. is a global oil and gas company headquartered in London, United Kingdom. It is the third-largest energy company and fourth-largest company in the world measured by revenues and one of the six oil and gas "supermajors"...
  
  
• Petrofac
  Petrofac
  Petrofac is an international provider of integrated facilities services to the oil, gas and energy production and processing industries. It is registered in Jersey , with its main corporate office in Jermyn Street, London. In addition it has major offices in Aberdeen, Mumbai, and Sharjah, and a...
  
  
• Shell
  Shell
  -Nature:* Seashell, a hard outer layer of a marine animal, found on beaches* Exoskeleton, an external covering of some animals** Mollusc shell** Gastropod shell** Turtle shell* Eggshell-Business:* Royal Dutch Shell, a multinational oil and gas company...
  
  
• Statoil
  Statoil
  Statoil ASA is a Norwegian petroleum company established in 1972. It merged with Norsk Hydro in 2007 and was known as StatoilHydro until 2009, when the name was changed back to Statoil ASA. The brand Statoil was retained as a chain of fuel stations owned by StatoilHydro...
  
  
• Technip
  Technip
  Technip is a provider of project management, engineering, and construction services for the oil and gas industry, headquartered in Paris, France....
  
  
• Oceaneering
• CGGVeritas
  CGGVeritas
  CGGVeritas is a French-based geophysical services company, resulting from the 2007 combination of Compagnie Générale de Géophysique and Veritas DGC Inc.-CGG:CGG was founded in 1931 by Conrad Schlumberger and acquired its first seismic survey in 1932...
  
  
• Subsea 7
  Subsea 7
  Subsea 7 S.A. is a subsea engineering and construction company. Registered in Luxembourg and with its headquarters in London in the United Kingdom, the firm assumed its current form in January 2011 when Acergy S.A...
  
  
• Sercel
• Cook Medical
  Cook Group
  Cook Group Incorporated is an American privately held company based in Bloomington, Indiana, and primarily involved in manufacturing of medical devices. It was ranked #324 in Forbes' 2008 America's Largest Private Companies. It has three main divisions: Cook Medical, Allied Manufacturing, and...
  
  
• Lockheed Martin
  Lockheed Martin
  Lockheed Martin is an American global aerospace, defense, security, and advanced technology company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in Bethesda, Maryland, in the Washington Metropolitan Area....
  
  

Electrical

The Electrical segment provides the retail DIY market with a variety of electrical tools and consumables such as wire strippers, electrical meters, connectors, terminals, cable ties, staples and other wire management products and conduit bending equipment under the Gardner Bender, Del City and A.W.Sperry brands. These products are sold to retailers such as Lowe's

Lowe's

Lowe's Companies, Inc. is a U.S.-based chain of retail home improvement and appliance stores. Founded in 1946 in North Wilkesboro, North Carolina, the chain now serves more than 14 million customers a week in its 1,710 stores in the United States and 20 in Canada. Expansion into Canada began in...

, The Home Depot

The Home Depot

The Home Depot is an American retailer of home improvement and construction products and services.The Home Depot operates 2,248 big-box format stores across the United States , Canada , Mexico and China, with a 12-store chain...

, Menards

Menards

Menards is a chain of home improvement stores in the Midwestern United States.The privately held company headquartered in Eau Claire, Wisconsin has 262 stores in 13 states: Ohio, Michigan, Indiana, Illinois, Wisconsin, Minnesota, Iowa, Missouri, Nebraska, Kansas, South Dakota, North Dakota, and...

, True Value

True Value

True Value Company is a retailer-owned hardware cooperative with over 5,000 independent retail locations worldwide. Members of the True Value cooperative own their individual stores and operate independently of True Value Company....

, and Ace Hardware

Ace Hardware

Ace Hardware Corporation is a hardware cooperative based in Oak Brook, Illinois, United States. ACE Hardware Corporation, with 4,444 stores, does over $3 billion in retail hardware sales annually down from its peak of $12.5 billion in 2007.-History:...

, as well as numerous electrical distributors and OEM's. This segment also sells power transformation products in North America

North America

North America is a continent wholly within the Northern Hemisphere and almost wholly within the Western Hemisphere. It is also considered a northern subcontinent of the Americas...

 including low voltage, single-phase dry type transformers and custom toroidal transformers under the Acme Electric brand name and high voltage switches under the Turner Electric brand name. These transformers are sold through electrical wholesale distributors, as well as directly to OEMs such as Rockwell Automation

Rockwell Automation

Rockwell Automation is a global provider of industrial automation, power, control and information solutions. Brands in industrial automation include Allen-Bradley and Rockwell Software....

, Eaton

Eaton

-Buildings:*Eaton Centre, the name of various shopping malls across Canada*Toronto Eaton Centre, a large retail and office complex in Toronto, Ontario*Eaton's / John Maryon Tower, a cancelled skyscraper in Toronto*Eaton Center , an office tower in Ohio...

, Yaskawa, and General Electric

General Electric

General Electric Company , or GE, is an American multinational conglomerate corporation incorporated in Schenectady, New York and headquartered in Fairfield, Connecticut, United States...

. Product offerings also include electrical components and systems for the harsh environment and marine markets under the Ancor, Marinco, Guest, Mastervolt and B.E.P Marine brand names. These products are primarily sold to various customers in the industrial, marine, power generation, and retail markets, including West Marine

West Marine

West Marine is an American company based in Watsonville, California which operates a chain of boating supply and fishing retail stores. They operate over 300 retail stores in North America.-History:...

, Applied Materials

Applied Materials

Applied Materials, Inc. is a capital equipment producer serving the semiconductor, TFT LCD display, Glass, WEB and solar manufacturing industries....

, and Kohler

Kohler

Kohler is a family name of German origin. The name was first found in Saxony. It means, "Charcoal burner" so the first "Kohlers" were most likely of that occupation.-People:*Alan Kohler, Australian journalist*Herbert Kohler, Jr., businessman...

. Solar products (primarily high efficiency solar inverters for residential and small commercial applications) are sold through local distributors and installers in Europe

Europe

Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...

.

PRODUCTS

• Electrical tools & consumables
• Wire management
• Ship / shore power cords
• Transformers
  Transformer
  A transformer is a device that transfers electrical energy from one circuit to another through inductively coupled conductors—the transformer's coils. A varying current in the first or primary winding creates a varying magnetic flux in the transformer's core and thus a varying magnetic field...
  
  
• Utility switches
• Solar Inverters

MARKETS SERVED

• DIY and other retail
• Marine OEM
  OEM
  OEM means the original manufacturer of a component for a product, which may be resold by another company.OEM may also refer to:-Computing:* OEM font, or OEM-US, the original character set of the IBM PC, circa 1981...
  
   & distribution
• Harsh environment (medical, theatrical, etc.)
• Electrical wholesale distributors
• Utilities
• Solar Photovoltaic Systems

SAMPLE CUSTOMERS

• Ace Hardware
  Ace Hardware
  Ace Hardware Corporation is a hardware cooperative based in Oak Brook, Illinois, United States. ACE Hardware Corporation, with 4,444 stores, does over $3 billion in retail hardware sales annually down from its peak of $12.5 billion in 2007.-History:...
  
  
• Home Depot
• Lowe's
  Lowe's
  Lowe's Companies, Inc. is a U.S.-based chain of retail home improvement and appliance stores. Founded in 1946 in North Wilkesboro, North Carolina, the chain now serves more than 14 million customers a week in its 1,710 stores in the United States and 20 in Canada. Expansion into Canada began in...
  
  
• Menards
  Menards
  Menards is a chain of home improvement stores in the Midwestern United States.The privately held company headquartered in Eau Claire, Wisconsin has 262 stores in 13 states: Ohio, Michigan, Indiana, Illinois, Wisconsin, Minnesota, Iowa, Missouri, Nebraska, Kansas, South Dakota, North Dakota, and...
  
  
• West Marine
  West Marine
  West Marine is an American company based in Watsonville, California which operates a chain of boating supply and fishing retail stores. They operate over 300 retail stores in North America.-History:...
  
  
• OEMs
  OEM
  OEM means the original manufacturer of a component for a product, which may be resold by another company.OEM may also refer to:-Computing:* OEM font, or OEM-US, the original character set of the IBM PC, circa 1981...
  
   (Intermatic, Chopwell, Powerware
  Powerware (Eaton Powerware)
  Powerware is an Eaton Corporation brand for power quality related products such as uninterruptible power supplies and surge protection, ranging from protection of single computers to industrial power backup systems...
  
  )
• Electric Utilities

Engineered Solutions

The Engineered Solutions segment is a leading global designer and assembler of customized position and motion control systems and other industrial products to various transportation and other niche markets. The vehicle systems product lines (Power-Packer, Gits and Power Gear brands) are sold to the truck, automotive, off-highway and specialty vehicle markets. Products include hydraulic cab-tilt and latching systems sold to global heavy duty truck OEMs such as Volvo

Volvo

AB Volvo is a Swedish builder of commercial vehicles, including trucks, buses and construction equipment. Volvo also supplies marine and industrial drive systems, aerospace components and financial services...

, Iveco

Iveco

Iveco, an acronym for Industrial Vehicle Corporation, originally an alliance of European commercial vehicle manufacturers such as Fiat , Unic and Magirus. Iveco is now an Italian truck, bus, and diesel engine manufacturer, based in Turin...

, Scania AB

Scania AB

Scania Aktiebolag , commonly referred to as Scania AB or just Scania, is a major Swedish automotive industry manufacturer of commercial vehicles - specifically heavy trucks and buses...

 and CNHTC and electro-hydraulic convertible top latching and actuation systems. The automotive systems are utilized on both retractable soft and hard top vehicles manufactured by OEMs such as Daimler

Daimler

- Daimler with reference to motor vehicles :refers to:* Gottlieb Daimler , German automobile inventor- Business co-founded by Gottlieb Daimler :...

, Audi

Audi

Audi AG is a German automobile manufacturer, from supermini to crossover SUVs in various body styles and price ranges that are marketed under the Audi brand , positioned as the premium brand within the Volkswagen Group....

, Volkswagen

Volkswagen

Volkswagen is a German automobile manufacturer and is the original and biggest-selling marque of the Volkswagen Group, which now also owns the Audi, Bentley, Bugatti, Lamborghini, SEAT, and Škoda marques and the truck manufacturer Scania.Volkswagen means "people's car" in German, where it is...

, Renault

Renault

Renault S.A. is a French automaker producing cars, vans, and in the past, autorail vehicles, trucks, tractors, vans and also buses/coaches. Its alliance with Nissan makes it the world's third largest automaker...

, BMW

BMW

Bayerische Motoren Werke AG is a German automobile, motorcycle and engine manufacturing company founded in 1916. It also owns and produces the Mini marque, and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad and Husqvarna brands...

, Volvo

Volvo

AB Volvo is a Swedish builder of commercial vehicles, including trucks, buses and construction equipment. Volvo also supplies marine and industrial drive systems, aerospace components and financial services...

, and Nissan. Diesel engine air flow solutions, such as exhaust gas recirculation

Exhaust gas recirculation

In internal combustion engines, exhaust gas recirculation is a nitrogen oxide emissions reduction technique used in petrol/gasoline and diesel engines. EGR works by recirculating a portion of an engine's exhaust gas back to the engine cylinders. In a gasoline engine, this inert exhaust...

 (EGR) systems, are used by diesel engine and turbocharger manufacturers to reduce emissions, improve fuel efficiency and increase horsepower. Primary end markets include heavy duty truck and off-highway equipment serving customers such as Caterpillar Inc.

Caterpillar Inc.

Caterpillar Inc. , also known as "CAT", designs, manufactures, markets and sells machinery and engines and sells financial products and insurance to customers via a worldwide dealer network. Caterpillar is the world's largest manufacturer of construction and mining equipment, diesel and natural gas...

, DAF

DAF Trucks

DAF Trucks NV is a Dutch truck manufacturing company and a division of PACCAR. Its headquarters and main plant are in Eindhoven. Cabs and axle assemblies are produced at its Westerlo plant in Belgium...

, Honeywell

Honeywell

Honeywell International, Inc. is a major conglomerate company that produces a variety of consumer products, engineering services, and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments....

, and BorgWarner

BorgWarner

BorgWarner Inc. is a United States-based worldwide automotive industry components and parts supplier. It is primarily known for its powertrain products, which include manual and automatic transmissions and transmission components, , turbochargers, engine valve timing system...

. Actuation systems are also sold to various specialty vehicle OEMs (principally in the defense and off-highway markets) such as Oshkosh, BAE Systems

BAE Systems

BAE Systems plc is a British multinational defence, security and aerospace company headquartered in London, United Kingdom, that has global interests, particularly in North America through its subsidiary BAE Systems Inc. BAE is among the world's largest military contractors; in 2009 it was the...

, and Winnebago

Winnebago Industries

Winnebago Industries Inc., , is a manufacturer of motor homes, a type of recreational vehicle or RV, in the United States. It is based in Forest City, Iowa.-Corporate history:...

. The Weasler business within the segment provides highly engineered drive train components and systems for agricultural, lawn & turf and industrial markets to customers such as CNH, Deere, MacDon, and Kuhn. Other businesses in this segment include Maxima which produces severe-duty electronic instrumentation (including displays and clusters, machine controls and sensors), Elliott which provides custom designed flexible shafts and push pull cable assemblies and Sanlo which produces custom steel cable assemblies.
PRODUCTS

• Hydraulic position & motion control systems
• Engine & turbocharger air flow valves
• Severe duty instrumentation and electronic controls
• PTO Drivelines
• Flexible shafts
• Steel cables & assemblies

MARKETS SERVED

• Vehicle OEM's
  OEM
  OEM means the original manufacturer of a component for a product, which may be resold by another company.OEM may also refer to:-Computing:* OEM font, or OEM-US, the original character set of the IBM PC, circa 1981...
  
  : Truck, Auto, Off-Highway, Agriculture, RV
• Diesel engine & turbocharger manufacturers
• Agriculture Implement OEM
  OEM
  OEM means the original manufacturer of a component for a product, which may be resold by another company.OEM may also refer to:-Computing:* OEM font, or OEM-US, the original character set of the IBM PC, circa 1981...
  
   & AM
• Medical
• Security
• Military

SAMPLE CUSTOMERS

• Volvo
  Volvo
  AB Volvo is a Swedish builder of commercial vehicles, including trucks, buses and construction equipment. Volvo also supplies marine and industrial drive systems, aerospace components and financial services...
  
  
• Scania AB
  Scania AB
  Scania Aktiebolag , commonly referred to as Scania AB or just Scania, is a major Swedish automotive industry manufacturer of commercial vehicles - specifically heavy trucks and buses...
  
  
• DAF
  DAF Trucks
  DAF Trucks NV is a Dutch truck manufacturing company and a division of PACCAR. Its headquarters and main plant are in Eindhoven. Cabs and axle assemblies are produced at its Westerlo plant in Belgium...
  
  
• CNHTC
• Karmann
  Karmann
  Wilhelm Karmann GmbH, commonly known simply as Karmann, in Osnabrück, Germany was until 2009 the largest independent motor vehicle manufacturing company in Germany...
  
  
• Webasto
• CTS
• Honeywell
  Honeywell
  Honeywell International, Inc. is a major conglomerate company that produces a variety of consumer products, engineering services, and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments....
  
  
• Holset
• BorgWarner
  BorgWarner
  BorgWarner Inc. is a United States-based worldwide automotive industry components and parts supplier. It is primarily known for its powertrain products, which include manual and automatic transmissions and transmission components, , turbochargers, engine valve timing system...
  
  
• Caterpillar
  Caterpillar
  Caterpillars are the larval form of members of the order Lepidoptera . They are mostly herbivorous in food habit, although some species are insectivorous. Caterpillars are voracious feeders and many of them are considered to be pests in agriculture...
  
  
• John Deere
  John Deere
  John Deere was an American blacksmith and manufacturer who founded Deere & Company, one of the largest and leading agricultural and construction equipment manufacturers in the world...
  
  
• AGCO
  AGCO
  AGCO is an agricultural equipment manufacturer based in Duluth, Georgia, USA. As a leading global manufacturer of agricultural equipment, AGCO offers a full line of tractors, combines, hay tools, sprayers, forage and tillage equipment, which are distributed through more than 2,700 independent...
  
  
• CNH
• BAE
  BAE Systems
  BAE Systems plc is a British multinational defence, security and aerospace company headquartered in London, United Kingdom, that has global interests, particularly in North America through its subsidiary BAE Systems Inc. BAE is among the world's largest military contractors; in 2009 it was the...
  
  
• Oshkosh
• Winnebago
  Winnebago Industries
  Winnebago Industries Inc., , is a manufacturer of motor homes, a type of recreational vehicle or RV, in the United States. It is based in Forest City, Iowa.-Corporate history:...
  
  

Businesses

Industrial:

Enerpac

Enerpac

The Enerpac business is a division of Actuant, a $1.5 billion diversified global manufacturing company, and is headquarted in Menomonee Falls, Wisconsin. Enerpac is an international market leader in high-pressure hydraulics with locations in North and South America, Europe, Africa, Russia, the...

, Milwaukee Cylinder, Simplex, Precision Sure-Lock

Electrical:

Gardner Bender, Turner Electric, BEP, Mastervolt, Acme Electric, Marinco, Ancor, Amveco, Actown

Energy:

Hydratight, Cortland, Selantic, Injectaseal, DL Ricci, Biach Industries

Engineered Solutions:

Power-Packer, Maxima, Weasler, Power Gear, BW Elliott, Sanlo, Gits Manufacturing