Actuant Corp (NYSE:ATU)
CAPS Rating:
The Company is a manufacturer of a range of industrial products and systems organized under two groups, Tools & Supplies and Engineered Solutions.
The Company is a manufacturer of a range of industrial products and systems organized under two groups, Tools & Supplies and Engineered Solutions.
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Recs
Diversified manufacturer of tools and parts of machines which has grown by serial acquisition. It may no be able to maintain the same growth rate but the business itself is profitable andthat is during recession. As the economy rebounds this should accelerate nicely.