Actuant Corporation (now Enerpac Tool Group) is a diversified industrial tools and solutions company that historically served automotive assembly plants and maintenance applications. The automotive segment supplies torque tools, assembly systems, hydraulic crimping tools, and lifting equipment used in vehicle manufacturing. Headquartered in Menomonee Falls, Wisconsin, the company generates approximately $570 million in revenues. Actuant divested several automotive product lines to focus on industrial tools and equipment for maintenance and assembly operations at vehicle plants.
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