Actuant designs, manufactures and distributes a range of industrial products and systems to various end markets. The company has two operating segments: Industrial Tools and Services and Engineered Components and Systems. The company's Industrial Tools and Services segment is a supplier of both products and services to an array of end markets, including the industrial, energy, mining and production automation markets. The company's Engineered Components and Systems segment is a designer, manufacturer and assembler of system critical position and motion control systems, ropes, cables and umbilicals, and other customized industrial components to various vehicle, construction, agricultural and other niche markets.
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