Ranking Profile - Enerpac Tool Group Corp

Introduction

Enerpac Tool Group Corp (Enerpac Tool), formerly Actuant Corp, designs, produces, and supplies industrial products and systems. It offers branded hydraulic and mechanical tools, including hydraulic torque wrenches, connectors, and heavy-lifting technology solutions. The company provides services and tool rentals for a variety of industries, including oil and gas, industrial, maintenance, infrastructure, mining, production automation, and energy. In addition, it offers highly engineered components for the construction, energy, transportation, medical, and other vertical areas. The company operates through two reportable business segments: Industrial Tools and Services (IT&S), and others. The primary products of IT&S include branded tools, cylinders, pumps, hydraulic torque wrenches, and highly engineered heavy lifting technology solutions. The other operating segment creates and produces biomedical textiles and high-performance synthetic ropes. It offers products under several brand names such as Hydratight, Larzep, Enerpac, and Simplex. Enerpac Tool operates in several countries across America, Europe, Asia-Pacific and Africa. The company is headquartered in Menomonee Falls, Wisconsin, the US.