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Type  Public
Founded  1910
Revenue  1.45 billion USD (2016)
Industry  Conglomerate
Area served  Worldwide
Actuant httpsuploadwikimediaorgwikipediacommons88
Traded as  NYSE: ATU S&P 600 Component
Founders  Leo Bethke, Frank Lueck, Charles Krause
Stock price  ATU (NYSE) US$ 27.20 +0.65 (+2.45%)1 Mar, 4:02 PM GMT-5 - Disclaimer
CEO  Mark E. Goldstein (14 Jan 2014–)
Headquarters  Menomonee Falls, Wisconsin, United States
Subsidiaries  Enerpac, Hydratight, Power-Packer

Actuant capabilities

Actuant Corporation is an American diversified industrial company serving customers from operations in more than 30 countries. The Actuant businesses are leaders in a broad array of niche markets including branded hydraulic tools and solutions; specialized products and services for energy markets and highly engineered position and motion control systems. The Company was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Actuant business operations are divided into three segments focused on the markets they serve.


Actuant india mini corporate video


In 2010, historian John Gurda 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 founded

1970 Power-Packer founded

1987 Applied Power initial public offering, trades on NASDAQ

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 Arzbaecher talks with CNBC.

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

2012 Acquisition of Jeyco Pty. Ltd. in Australia, Turotest in Brazil, and CrossControl AB in Sweden.

2013 Divestiture of Actuant Electrical segment

2013 Acquisition of Viking Sea Tech .

2014 Mark Goldstein becomes President and CEO of Actuant Corporation

2015 Acquisition of Hayes Industries, Ltd for nearly 31 million US dollars.

2015 Actuant names Board President Bob Arzbaecher interim CEO

2016 Randy Baker becomes President and CEO of Actuant Corporation

Business Segments

Actuant is organized into 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. 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 provides engineered position and motion control systems to OEMs in various vehicle markets, as well as a variety of other industrial products.


Actuant's industrial segment designs, produces, and markets its industrial tools primarily through its better-known Enerpac, 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 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 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 also provides high-force hydraulic systems; these customized hydraulic products and systems are sold to construction firms or direct to OEM customers.


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

  • Infrastructure and Bridges
  • Power Generation
  • Oil and Gas
  • Mining
  • Shipbuilding
  • Buildings and Stadiums
  • Petrochemical
  • Manufacturing
  • Steel Production and Metal Production
  • Workholding

  • Fluid power distributors
  • Grainger
  • AIT
  • Hydraulic Power
  • Caterpillar
  • Balfour Beatty
  • American Bridge Company
  • Mammoet
  • Energy

    Actuant's energy segment is a supplier of joint integrity products and services, as well as umbilical, rope cable, and sub-sea mooring solutions to the global oil and gas, power generation, and various diversified energy and non-energy markets under the Hydratight, Cortland, and Viking SeaTech brands. Hydratight provides joint integrity products and services, using hydraulic torque wrenches, bolt tensioners and portable machining equipment, which are sold or rented to asset owners, service providers and through distributors, or used to service customer assets. These products are used in, but not limited to, the maintenance of joints on oil rigs and platforms, wind turbines, refineries and pipelines, as well as fossil fuel and nuclear power plants to reduce customer downtime and provide increased safety and reliability. These products also provide manpower services whereby trained technicians perform bolting, machining and diverse joint integrity work for customers.

    Within the energy segment, the Cortland business 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, as well as in the North Sea, Middle East, South America, China, Asia, Gulf of Mexico, and Canada.


  • Hydraulic torque wrenches 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

  • Oil and Gas
  • Power Generation
  • Petrochem
  • Wind turbines
  • Nuclear
  • Medical
  • Defense
  • Marine

  • BP
  • Petrofac
  • Shell
  • Statoil
  • Technip
  • Bechtel
  • Oceaneering
  • CGGVeritas
  • Subsea 7
  • Sercel
  • Cook Medical
  • Lockheed Martin
  • Maersk
  • Seadrill
  • 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, Iveco, Scania AB 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, Audi, Volkswagen, Renault, BMW, Volvo, and Nissan. Diesel engine air flow solutions, such as exhaust gas recirculation (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., DAF, Honeywell, and BorgWarner. Actuation systems are also sold to various specialty vehicle OEMs (principally in the defense and off-highway markets) such as Oshkosh, BAE Systems, and Winnebago. 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 maximatecc, 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.


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

  • Vehicle OEM's: Truck, Auto, Off-Highway, Agriculture, RV
  • Diesel engine & turbocharger manufacturers
  • Agriculture Implement OEM & AM
  • Medical
  • Security
  • Aerospace
  • Military

  • Volvo
  • Scania AB
  • DAF
  • Webasto
  • Valmet
  • CTS
  • Honeywell
  • Holset
  • Cummins
  • BorgWarner
  • Caterpillar
  • John Deere
  • AGCO
  • Atlas Copco
  • CNH
  • BAE
  • Oshkosh
  • Farm & Fleet
  • Tractor Supply
  • Businesses


    Enerpac, Milwaukee Cylinder, Simplex, Precision-Hayes, Power Bolting


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

    Engineered Solutions:

    Power-Packer, maximatecc, Weasler, Elliott Manufacturing, Sanlo, Gits Manufacturing

    Awards and Recognition

    The Robert W. Baird Outstanding Achievement Award in Employee Giving

    Forbes 400 Best Big Companies

    BusinessWeek Top 100 “Hot Growth Company”

    Investor's Business Daily: "Actuant Corp. Milwaukee, Wisconsin; Manufacturer is a switch-hitter on growth”

    Investor's Business Daily: "Actuant Seeks Out Niches To Make it Big Fish in Pond"

    Milwaukee Business Journal Andy Lampereur named CFO of the Year


    On December 19, 2001, Actuant Corp restated its net sales and cost of goods sold for fiscal 2001 to reflect shipping and handling income and costs in accordance with Emerging Issues Task Force Abstract No. 00-10.


    Actuant Wikipedia

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