Profile: Actuant Corp (ATU)
26 Dec 2014
Actuant Corporation, incorporated on October 26, 1910, is a diversified company that designs, manufactures and distributes a range of industrial products and systems to various end markets. The Company is organized into three operating segments: Industrial, Energy and Engineered Solutions.
The Industrial segment is a global supplier of hydraulic and mechanical tools to a range of end markets, including general maintenance and repair, industrial, infrastructure and production automation. The products include high-force hydraulic tools, highly engineered heavy lifting solutions, workholding (production automation) solutions and concrete stressing products.
The Company’s high-force hydraulic and mechanical tools, including cylinders, pumps, valves, specialty tools and presses are designed to allow users to apply controlled force and motion. These hydraulic tools operate at very high pressures of approximately 5,000 to 12,000 pounds per square inch and are sold by a diverse group of industrial and specialty fluid power distributors to customers in the infrastructure, mining, steel mill, cement, rail, oil & gas, power generation and general maintenance industries. In addition to providing a comprehensive line of industrial tools, the segment also provides high-force hydraulic systems (integrated solutions). These customized solutions, which combine hydraulics, steel fabrication and electronic controls with engineering and application knowledge, are typically utilized in major infrastructure projects (bridges, stadiums, tunnels and offshore platforms) for heavy lifting, launching & skidding or synchronous lifting applications.
The Industrial segment also offers a range of workholding products (work supports, swing cylinders and system components) that are marketed through distributors to the automotive, machine tool and fixture design markets. In addition, the segment designs, manufactures and distributes concrete pre- and post-tensioning products (chucks and wedges, stressing jacks and anchors).
The Energy segment provides technical products and services to the global energy markets, where safety, reliability, up-time and productivity are key value drivers. The Products in this segment include joint integrity tools and connectors for oil & gas and power generation installations, mooring solutions, as well as rope and cable solutions. In addition to these products, the Energy segment also provides manpower services, including machining, engineering and maintenance activities.
Joint integrity products include hydraulic torque wrenches, bolt tensioners and portable machining equipment, which are either sold or rented to asset owners, service providers and end users. These products are used in the maintenance of bolted joints on oil rigs and platforms, wind turbines, refineries and pipelines, petrochemical installations, as well as fossil fuel and nuclear power plants. Hydratight also provides manpower services where the Company’s highly trained technicians perform bolting, machining and joint integrity work. The Company’s joint integrity business operates to world class safety standards while delivering products and services through a localized infrastructure of rental and maintenance depots.
The Energy segment also provides highly-engineered rope and cable solutions. Additional custom designed products are also sold into a variety of other niche markets including mining, medical, security, aerospace and defense.
The Engineered Solutions segment is a designer and assembler of customized position and motion control systems and other industrial products to various transportation and other markets. This segment provides technical and engineered products, including actuation systems, mechanical power transmission products, engine air flow management systems, human to machine interface (HMI) solutions, and other rugged electronic instrumentation.
The Products in this segment include hydraulic cab-tilt and latching systems which are sold to global heavy duty truck original equipment manufacturers (OEMs) such as Volvo, Iveco, Scania, Paccar-DAF, FAW and CNHTC and automotive electro-hydraulic convertible top latching and actuation systems. The automotive convertible top actuation systems are utilized on both retractable soft and hard top vehicles manufactured by OEMs. The Company’s diesel engine air flow solutions, such as exhaust gas recirculation (EGR) systems and air flow actuators, are used by diesel engine and turbocharger manufacturers to reduce emissions, improve fuel efficiency and increase horsepower. The Company also sells actuation systems to various automotive and specialty vehicle customers (principally in the defense, recreational vehicle and off-highway markets).
Products include severe-duty electronic instrumentation (including displays and clusters, machine controls and sensors), HMI solutions and power transmission products (highly engineered power transmission components including drive shafts, torque limiters, gearboxes, torsional dampers and flexible shafts). These products are sold to a variety of markets including agricultural implement, lawn & turf, construction, forestry, industrial, aerospace, material handling and security.
N86w12500 Westbrook Xing
MENOMONEE FALLS WI 53051-3348