ALTRA HOLDINGS, INC., through its wholly-owned subsidiary Altra Industrial Motion, Inc., is a leading multinational designer, producer & marketer of a wide range of mechanical power transmission products. The products are marketed under a variety of well recognized and established manufacturing brand names. These leading brands include Boston Gear, Warner Electric, TB Wood's, Formsprag Clutch, Ameridrives Couplings, Industrial Clutch, Kilian Manufacturing, Marland Clutch, Nuttall Gear, Stieber Clutch, Wichita Clutch, Twiflex Limited, Bibby Transmissions, Matrix International, Inertia Dynamics, Huco Dynatork & Warner Linear. The Altra product portfolio includes industrial clutches, brakes, enclosed gear drives, open gearing, couplings, machined-race bearings, variable frequency & belted drives, linear actuators & other related products manufactured for industries, including automotive, general industrial, material handling, aggregate & mining, marine, power generation, oil & gas, transportation, turf & garden.
ALTRA HOLDINGS, INC., through its wholly-owned subsidiary Altra Industrial Motion, Inc., is a leading multinational designer, producer & marketer of a wide range of mechanical power transmission products. The products are marketed under a variety of well recognized and established manufacturing brand names. These leading brands include Boston Gear, Warner Electric, TB Wood's, Formsprag Clutch, Ameridrives Couplings, Industrial Clutch, Kilian Manufacturing, Marland Clutch, Nuttall Gear, Stieber Clutch, Wichita Clutch, Twiflex Limited, Bibby Transmissions, Matrix International, Inertia Dynamics, Huco Dynatork & Warner Linear. The Altra product portfolio includes industrial clutches, brakes, enclosed gear drives, open gearing, couplings, machined-race bearings, variable frequency & belted drives, linear actuators & other related products manufactured for industries, including automotive, general industrial, material handling, aggregate & mining, marine, power generation, oil & gas, transportation, turf & garden.
AIMC (Altra Holdings) announced an agreement to acquire German rival Danfoss Bauer's gearmotor division which is expected to add to Altra's earnings right from the start and the division produced a healthy $104 million in sales last year which puts Altra ahead of Kaydon (NYSE: KDN ) and Powell Industries (Nasdaq: POWL ) , though the company still has a long way to go before catching sector giant Regal Beloit (NYSE: RBC ) . Altra is pushing to grow fast by acquisitions while also expanding its profit margins -- a winning combination. There was some panic selling today but a healthy recovery will ensue.
Find Winning Stocks Quickly with Research Wizard, a powerful desktop software program. Start with easy-to-use pre-loaded strategies, then develop your own. Backtest against years of historical data to see how your approach works in any market. Start a Free Trial Today >>
With Zacks Method for Trading you'll transform yourself into a Master Stock Trader, one simple step at a time. Get step-by-step instructions and learn how to use the 28% per year Zacks Rank system to find market-beating stocks on your own, fully exploiting the system that beat the market 18 of the last 20 years. Find out how >>
Zacks Top Ten Stocks for 2011 are now available! This 10-stock portfolio is a well-balanced mix of aggressive and conservative, large and small cap, growth and value. Buy them. Hold them. Watch your gains add up
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment
Comments: 0 | Comment