QUINCY, Mass., Dec. 11, 2008 (GLOBE NEWSWIRE) -- Altra Holdings, Inc. (Nasdaq:AIMC), a leading global supplier of clutch brakes, couplings, gearing, belted drives and power transmission components, announced the appointment of Mark Klossner to the executive position of Vice President and General Manager of the Altra Engineered Couplings Group, according to Altra President and Chief Operating Officer Carl Christenson.
Business units within the Altra Engineered Couplings Group include TB Wood's, Ameridrives Couplings, Ameridrives Power Transmissions, and Bibby Transmissions, with facilities located in Chambersburg, PA; Erie, PA; New Braunfels, TX; San Marcos, TX; Green Bay, WI; and Dewsbury, England. These Altra brands produce a wide range of precision engineered couplings and mechanical power transmission equipment for industrial control applications throughout the world.
Klossner joined the global power transmission firm in 2004 as a Strategic Marketing Analyst and was subsequently promoted to Strategic Marketing Manager focused on a number of market growth initiatives as well as improving Altra's electromagnetic clutch/brake (ECB) business platform. He was named Managing Director for Altra's business unit, Matrix International, Brechin, Scotland, in October 2006.
Prior to joining Altra, Klossner held various operational and marketing positions with Kulicke and Soffa in Pennsylvania. He holds a BS degree in Materials Science and Engineering from Cornell University, an MBA degree from Kellogg School of Management and an MS degree in Engineering from Northwestern University.
About Altra
Altra Holdings, Inc., through its wholly-owned subsidiary Altra Industrial Motion, Inc., is a leading multinational designer, producer and marketer of a wide range of mechanical power transmission products. The company brings together strong brands covering over 40 product lines, with production facilities in eight countries and sales coverage in over 70 countries. Our leading brands include Boston Gear, Warner Electric, TB Wood's, Formsprag Clutch, Ameridrives Couplings, Industrial Clutch, Kilian Manufacturing, Marland Clutch, Nuttall Gear, Stieber Clutch, Wichita Clutch, Twiflex Limited, Bibby Transmissions, Matrix International, Inertia Dynamics, Huco Dynatork and Warner Linear.
The Altra Holdings, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4038
Forward Looking Statements
All statements, other than statements of historical fact included in this release are forward-looking statements, as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are inherently uncertain, and investors must recognize that events could differ significantly from our expectations. In addition to the risks and uncertainties noted in this release, there are certain factors that could cause actual results to differ materially from those anticipated by some of the statements made, including risks associated with transitioning the chief executive position, and other risks, uncertainties and other factors described in the company's Form 10-Q, Form 10-K and in the company's other filings with the U.S. Securities and Exchange Commission or in materials incorporated therein by reference. Altra Holdings, Inc. is under no obligation to, and expressly disclaims any obligation to, update or alter its forward looking statements, whether as a result of new information, future events or otherwise.
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