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About
Actuant Corp. is a diversified industrial company, which engages in the designs, manufactures, and distributes a broad range of industrial products and systems to various end markets. It operates through the following business segments: Industrial, Energy, and Engineered Solutions. The Industrial segment design, manufacture, and distributes 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 Engineered Solutions segment is a global designer and assembler of customized position and motion control systems and other industrial products to various transportation and other niche markets. The company was founded in 1910 and is headquartered in Menomonee Falls, WI. | |||
Description
Actuant Corporation designs, manufactures, and distributes a range of industrial products and systems worldwide. It operates through three segments: Industrial, Energy, 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 under the Enerpac, Simplex, Precision-Hayes, Milwaukee Cylinder, and Larzep brand names. Its primary products include hydraulic tools, heavy lifting solutions, workholding (production automation) solutions, and concrete stressing components and systems. The Energy segment provides joint integrity products and services, customized offshore vessel mooring solutions, and rope and cable solutions to the oil and gas, power generation, and other markets, as well as technical manpower solutions. This segment distributes its products principally under the Hydratight, Cortland, and Viking brand names to original equipment manufacturers (OEMs), maintenance and service organizations, and energy producers. The Engineered Solutions segment designs and assembles engineered position and motion control systems to OEMs in various on and off-highway vehicle markets, as well as other products to the industrial and agricultural markets under the Power-Packer and Gits brand names. Its products include actuation systems, mechanical power transmission products, engine air flow management systems, human to machine interface solutions, and other rugged electronic instrumentation. The company also provides a range of industrial services and equipment from engineering, chemical cleaning, hydro-testing, oil flushing, air/steam blowing, nitrogen/helium leak testing, and full pipeline pre-commissioning services in the Middle East, Caspian, and the North African regions. Actuant Corporation was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. |