Edition:
United States

Profile: Altra Industrial Motion Corp (AIMC.OQ)

AIMC.OQ on NASDAQ Stock Exchange Global Select Market

38.90USD
7 Dec 2016
Change (% chg)

$1.55 (+4.15%)
Prev Close
$37.35
Open
$37.20
Day's High
$39.80
Day's Low
$37.10
Volume
97,490
Avg. Vol
45,550
52-wk High
$39.80
52-wk Low
$20.58

Altra Industrial Motion Corp., incorporated on October 20, 2004, is a designer, producer and marketer of a range of mechanical power transmission (MPT) components. The Company operates through three segments: Couplings, Clutches and Brakes; Electromagnetic Clutches and Brakes, and Gearing. The Company's products are used to control and transmit power and torque in virtually any industrial application involving movement. The Company's product portfolio includes clutches and brakes, couplings and gearing, and power transmission components. Its products are used in a range of manufacturing processes. Its products are also used in non-manufacturing applications, such as clutches and brakes for elevators, and residential and commercial lawnmowers. The Company's products serve a range of end markets, including energy, general industrial, material handling, mining, transportation, and turf and garden.

Couplings, Clutches and Brakes

The Company manufactures a range of couplings suitable for many industrial and specialty applications. Its coupling products include gear couplings, diaphragm and disc couplings, elastomeric couplings, miniature and precision couplings, as well as universal joints, mill spindles and shaft locking devices. It sells its products into markets, including food processing, oil and gas, power generation, material handling, medical, metals, mining and mobile off-highway. The Company's couplings are manufactured under the Ameridrives, Ameridrives Power Transmission, Bibby, Lamiflex, TB Wood's, Huco Dynatork and Guardian brands in its facilities in Pennsylvania, Indiana, Texas, Mexico, China, Wisconsin, Brazil and the United Kingdom.

The Company manufactures a range of clutches and brakes in over two product categories: heavy duty and overrunning. The Company's core clutch and brake manufacturing facilities are located in Michigan, Texas, Denmark, Germany, the United Kingdom and China. Its heavy duty clutch and brake product lines serve various markets, including metal forming, off-shore and land-based oil and gas drilling platforms, mining, material handling, marine, wind turbine applications and various off-highway and construction equipment segments. Its line of heavy duty pneumatic, hydraulic and caliper clutches and brakes are marketed under the Wichita Clutch, Twiflex, Industrial Clutch and Svendborg Brakes brand names.

The Company's overrunning clutches products include overrunning, indexing and backstopping clutches. Industrial applications include conveyors, gear reducers, hoists and cranes, mining machinery, machine tools, paper machinery and other specialty machinery. The Company also sells its overrunning clutch products into the aerospace and defense market for fixed and rotary wing aircraft. The Company markets and sells these products under the Formsprag, Marland and Stieber brand names. Its belted drive line includes over three types of v-belts, approximately three types of synchronous belts, standard and made-to-order sheaves and synchronous sprockets, and split taper bushings. It sells belted drives to a range of end markets, including aggregate, energy, chemical and material handling. Its engineered belted drives are manufactured under the TB Wood's brand in its facilities in Pennsylvania and Mexico.

Electromagnetic Clutches and Brakes

The Electromagnetic Clutches and Brakes segment products include brakes and clutches that are used to electronically slow, stop, engage or disengage equipment utilizing electromagnetic friction type connections. Its industrial products include clutches and brakes with specially designed controls for material handling, forklift, elevator, medical mobility, mobile off-highway, baggage handling and plant productivity applications. It also offers a line of clutch and brake products for walk-behind mowers, residential lawn tractors and commercial mowers. It also manufactures products for various vehicular applications, including on-road refrigeration compressor clutches and agricultural equipment clutches. The Company markets its electromagnetic products under the Warner Electric, Inertia Dynamics and Matrix brand names. Its core electromagnetic clutches and brakes manufacturing facilities are located in Connecticut, Indiana, France, the United Kingdom and China.

Gearing

The Gearing segment product lines include vertical and horizontal gear drives, speed reducers and increasers, high-speed compressor drives, enclosed custom gear drives, various enclosed gear drive and gear motor configurations, and open gearing products, such as spur, helical, worm and miter/bevel gears. These products are used in various industrial, material handling, mixing, transportation and food processing applications. It designs and manufactures a range of gearing and gear motor products under the Boston Gear, Nuttall Gear, Delroyd and Bauer Gear Motor brand names. The Company manufactures its gearing products at its facilities in New York, North Carolina, Germany, Slovakia and China. Its engineered bearing assembly product line includes ball bearings, roller bearings, thrust bearings, track rollers, stainless steel bearings, polymer assemblies, housed units and custom assemblies. It manufactures a range of engineered bearing products under the Kilian brand name. It sells bearing products to a range of end industries, including the general industrial and automotive markets. The Company manufactures its bearing products at its facilities in New York and Canada.

The Company competes with Rexnord Corporation and Regal-Beloit Corporation.

Company Address

Altra Industrial Motion Corp

300 Granite St Ste 201
BRAINTREE   MA   02184-3950
P: +1781.9170600
F: +1781.8430709

Company Web Links