ALTRA HOLDINGS, INC.

ALTRA HOLDINGS, INC.

Previous company name

Name change date

Company Overview
Altra Holdings Inc. is a publicly quoted company engaged in the design, production, and marketing of various mechanical power transmissions and motion control products, through its subsidiary, Altra Industrial Motion, Inc. The company has its registered office located in Quincy, United States. It was founded in the year 2004. The company is publicly traded on the NASDAQ National Market under the trading symbol .
Altra is a leading multinational designer, producer and marketer of a wide range of mechanical power transmission products. Its product portfolio includes industrial clutches and brakes, enclosed gear drives, open gearing, couplings, engineered bearing assemblies, linear components, and other related products. The company’s products are used in various high-volume manufacturing processes, as well as in non-manufacturing applications, such as clutches and brakes for elevators, and residential and commercial lawnmowers. Altra markets its products under the Warner Electric, Boston Gear, Kilian Manufacturing, Nuttall Gear, Ameridrives, Wichita Clutch, Formsprag Clutch, Bibby Transmissions, Stieber, Matrix International, Inertia Dynamics, Twiflex Limited, Industrial Clutch, Huco Dynatork, Marland Clutch, Delroyd Worm Gear, Warner Linear, and Saftek brand names. The company sells its products through original equipment manufacturers and industrial distributors, as well as directly to end users primarily in North America, Western Europe, and Asia. It serves customers in various industries, including energy, general industrial, material handling, mining, transportation, and turf and garden. The company, through its other subsidiary, TB Wood’s Corporation, also offers mechanical and electronic industrial power transmission products, which include belted drives and couplings, and electronic drives and electronic drive systems.
Altra has manufacturing facilities are located in New York, North Carolina, Indiana, Illinois, Michigan, Texas, Canada, the United Kingdom, Germany, France, and China.
Business Summary
Altra Holdings, Inc. (Altra Holdings) is a designer, producer and marketer of a range of mechanical power transmission (MPT), and motion control products serving customers in a group of industries, including energy, general industrial, material handling, mining, transportation, and turf and garden. The Company’s product portfolio includes industrial clutches and brakes, enclosed gear drives, open gearing, belted drives, couplings, engineered bearing assemblies, linear components, electronic drives and other related products. Its products are used in a variety of manufacturing processes. Its products are also used in non-manufacturing applications, such as clutches and brakes for elevators and residential and commercial lawnmowers. Its products are either incorporated into products sold by original equipment manufacturers (OEMs), sold to end users directly or sold through industrial distributors.
Description and history
Altra Holdings, Inc. (Altra Holdings), incorporated on December 1, 2004, is a designer, producer and marketer of a range of mechanical power transmission (MPT), and motion control products serving customers in a group of industries, including energy, general industrial, material handling, mining, transportation, and turf and garden. The Company’s product portfolio includes industrial clutches and brakes, enclosed gear drives, open gearing, belted drives, couplings, engineered bearing assemblies, linear components, electronic drives and other related products. Its products are used in a variety of manufacturing processes. Its products are also used in non-manufacturing applications, such as clutches and brakes for elevators and residential and commercial lawnmowers. Its products are either incorporated into products sold by original equipment manufacturers (OEMs), sold to end users directly or sold through industrial distributors.

Altra Holdings produces and markets a variety of mechanical power transmission, or MPT products. Its product portfolio includes industrial clutches and brakes, open and enclosed gearing, couplings, engineered belted drives, engineered bearing assemblies and other related power transmission components which are sold across a variety of industries. Its products include Warner Electric, Boston Gear, TB Wood’s, Kilian, Nuttall Gear, Ameridrives, Wichita Clutch, Formsprag Clutch, Bibby Transmissions, Stieber, Matrix, Inertia Dynamics, Twiflex, Industrial Clutch, Huco Dynatork, Marland Clutch, Delroyd, and Warner Linear. Its products serve a variety of end markets including aerospace, energy, food processing, general industrial, material handling, mining, petrochemical, transportation and turf and garden. It primarily sells its products to OEMs and through long-standing relationships with industrial distributors, such as Motion Industries, Applied Industrial Technologies, Kaman Industrial Technologies and W.W. Grainger.

Clutches and Brakes

Clutches are devices which use mechanical, magnetic, hydraulic, pneumatic, or friction type connections to facilitate engaging or disengaging two rotating members. Brakes are combinations of interacting parts that work to slow or stop machinery. It manufactures a variety of clutches and brakes in three main product categories: electromagnetic, overrunning and heavy duty. Its core clutch and brake manufacturing facilities are located in Connecticut, Indiana, Illinois, Michigan, Texas, the United Kingdom, Germany, France and China. 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.

Specific product lines include indexing and backstopping clutches. Primary industrial applications include conveyors, gear reducers, hoists and cranes, mining machinery, machine tools, paper machinery, packaging machinery, pumping equipment and other specialty machinery. It markets and sells these products under the Formsprag, Marland and Stieber brand names. 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 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 and Twiflex brand names.

Gearing

Gears reduce the output speed and increase the torque of an electric motor or engine to the level required to drive a particular piece of equipment. These products are used in various industrial, material handling, mixing, transportation and food processing applications. Specific product lines include vertical and horizontal gear drives, speed reducers and increasers, high-speed compressor drives, enclosed custom gear drives, various enclosed gear drive configurations and open gearing products, such as spur, helical, worm and miter/bevel gears. Altra Holdings designs and manufactures a range of gearing products under the Boston Gear, Nuttall Gear and Delroyd brand names. It manufactures its gearing products at its facilities in New York and North Carolina and sells to a variety of end markets.

Engineered Couplings

Couplings are the interface between two shafts, which enable power to be transmitted from one shaft to the other. Its coupling product line includes gear couplings, high-speed disc and diaphragm couplings, elastomeric couplings, grid couplings, universal joints, jaw couplings and spindles. Its coupling products are used in a range of markets including power generation, steel and custom machinery industries. It manufactures a range of coupling products under the Ameridrives, Bibby and TB Wood’s brand names. Its engineered couplings are manufactured in its facilities in Mexico, Michigan, Pennsylvania, Texas, the United Kingdom and Wisconsin.

Engineered Bearing Assemblies

Bearings are components that support, guide and reduce friction of motion between fixed and moving machine parts. 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 markets, including the general industrial and automotive markets. It manufactures its bearing products at its facilities in New York, Canada and China.

Engineered Belted Drives

Belted drives incorporate both a rubber-based belt and at least two sheaves or sprockets. Belted drives typically change the speed of an electric motor or engine to the level required for a particular piece of equipment. Its belted drive line includes three types of v-belts, three types of synchronous belts, standard and made-to-order sheaves and 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 primarily manufactured under the TB Wood’s brand in its facilities in Pennsylvania and Mexico.

Power Transmission Components

Power transmission components are used in a number of industries to generate, transfer or control motion from a power source to an application requiring rotary or linear motion. Power transmission products are applicable in most industrial markets, including, but not limited to metals processing, turf and garden and material handling applications. Specific product lines include linear actuators, miniature and small precision couplings, air motors, friction materials, hydrostatic drives and other various items. It manufactures or markets a range of power transmission components under several businesses including Warner Linear, Huco Dynatork, Boston Gear, Warner Electric, TB Wood’s and Matrix. Its core power transmission component manufacturing facilities are located in Illinois, Michigan, North Carolina, the United Kingdom and China.

The Company competes with Emerson Power Transmission Manufacturing LP, Rexnord LLC., Regal-Beloit Corporation and Baldor Electric, Inc.

Business Line
Engaged in the design, production, and marketing of various mechanical power transmissions and motion control products, through its subsidiary, Altra Industrial Motion, Inc
Subsidiary
3091780 NOVA SCOTIA COMPANY
Advisor
DELOITTE & TOUCHE LLP
IPO date
12/2006
US SIC Code
3568
Company Address
14, Hayward Street

City province or state postal code
02171, QUINCY, MA
Phone: +1 617 328 3300
Fax: +1 617 479 6238
Country address: UNITED STATES OF AMERICA
Website url: www.altramotion.com