Press Releases

Press Releases

Date Title and Summary Additional Formats
Toggle Summary Altra Holdings, Inc. to Acquire TB Wood's Corporation
Altra Holdings, Inc. to Acquire TB Wood's Corporation February 19, 2007 Quincy, Massachusetts and Chambersburg, Pennsylvania -Altra Holdings, Inc. (NASDAQ: AIMC) and TB Wood's Corporation (NASDAQ: TBWC) today announced that they have entered into a definitive agreement pursuant to which Altra will
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Toggle Summary Altra Industrial Motion, Inc. Announces Optional Redemption of 11 1/4% Senior Notes due 2013
Altra Industrial Motion, Inc. Announces Optional Redemption of 11 1/4% Senior Notes due 2013 QUINCY, MA - January 26, 2007 Altra Industrial Motion, Inc. today announced that it will redeem on February 27, 2007 (the "Redemption Date") £11,550,000 aggregate principal amount of its outstanding 11 1/4%
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Toggle Summary Altra Holdings, Inc. Prices Initial Public Offering
Altra Holdings, Inc. Prices Initial Public Offering Quincy, MA - December 14, 2006 Altra Holdings, Inc. (NASDAQ: AIMC) today announced the pricing of its initial public offering of its common stock, par value $0.001 per share, at $13.50 per share. Of the 10,000,000 shares being sold in the
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Toggle Summary ALTRA INDUSTRIAL MOTION ANNOUNCES REVISED RESULTS FOR THE THIRD QUARTER 2006
QUINCY, MA -- November 10, 2006 Altra Industrial Motion, Inc. announced certain revisions to its unaudited financial results for the third quarter and nine months ended September 29, 2006 related to an increase in the gain on curtailment of post-retirement benefits.  The revisions were the result
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Toggle Summary ALTRA INDUSTRIAL MOTION ANNOUNCES RESULTS FOR THE THIRD QUARTER 2006
QUINCY, MA -- October 30, 2006 Altra Industrial Motion, Inc. announced that net income for the third quarter ended September 29, 2006 was $2.4 million compared to $0.7 million for the third quarter of 2005, an increase of 252.2%.  Third quarter 2006 net sales were $113.0 million, compared to $85.2
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Toggle Summary Altra Holdings, Inc. Files Registration Statement For An Initial Public Offering
Altra Holdings, Inc. Files Registration Statement For An Initial Public Offering QUINCY, MA - September 29, 2006 Altra Holdings, Inc., parent company of Altra Industrial Motion, Inc., announced today that it has filed a registration statement with the Securities and Exchange Commission for a
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Toggle Summary ALTRA INDUSTRIAL MOTION ANNOUNCES RESULTS FOR THE SECOND QUARTER 2006
QUINCY, MA — August 4, 2006 Altra Industrial Motion, Inc. announced that net income for the second quarter ended June 30, 2006 was $3.9 million compared to $1.6 million for the second quarter of 2005, an increase of 150.0%.  Second quarter 2006 net revenues were $119.8 million, compared to $93.0
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Toggle Summary ALTRA INDUSTRIAL MOTION ANNOUNCES RESULTS FOR THE FIRST QUARTER 2006
QUINCY, MA -- May 19, 2006. Altra Industrial Motion, Inc. announced that net income for the first quarter ended March 31, 2006 was $4.1 million.  First quarter 2006 net sales were $114.8 million, compared to $95.3 million in the first quarter of 2005 an increase of 20.4%.
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Toggle Summary ALTRA INDUSTRIAL MOTION ANNOUNCES RESULTS FOR THE FOURTH QUARTER 2005 AND YEAR END 2005
QUINCY, MA -- April 28, 2006. Altra Industrial Motion, Inc. announced that net income for the fourth quarter ended December 31, 2005 was $2.0 million.  Fourth quarter 2005 revenues were $90.2 million, a 19.6% increase over the fourth quarter of 2004.  The gross profit for the fourth quarter
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Toggle Summary Altra Industrial Motion Completes Acquisition of Hay Hall
Altra Industrial Motion Completes Acquisition of Hay Hall QUINCY, Mass - February 13, 2006 - Altra Industrial Motion, Inc., a leading designer, manufacturer and marketer of mechanical power transmission products, announced today that it has finalized the acquisition of the UK-based Hay Hall Group.
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