Actuant Corp. acquires Actown Electrocoil
Actuant Corp ., parent company of Acme Electric Corp., has acquired Actown Electrocoil, a manufacturer of power and high voltage transformers, custom built coils, high frequency ferrite applications, and PCB surface mount transformers with tape and reel packaging. Actuant is a global company with sales in excess of $1 billion and with operations in more than 30 countries, and Actown Electrocoil has annual sales of $36 million and employs approximately 300 people.
Actown has a 49,000-sq ft manufacturing facility in Spring Grove, IL, and a 75,000-sq. ft manufacturing facility in Juarez, Mexico, and a 60,000-sq ft manufacturing facility in Shenzhen, China. It will become part of Actuant's Tools and Supplies Segment.
-- Edited by Charlie Masi ,
senior editor , Control Engineering