BRAINTREE, Mass., June 1, 2009 (GLOBE NEWSWIRE) -- Altra Holdings Inc., (Nasdaq:AIMC), a leading global supplier of clutch brakes, couplings, gearing, belted drives and power transmission components, announced today that it will relocate its Asia Pacific manufacturing operations to a new location in Shenzhen, China. This facility will serve as the company's principle manufacturing site in China and will primarily support Altra customers in the local Asia Pacific market. Carl Christenson, Altra's President and CEO, stated, "In spite of the global economic downturn, we are committed to investing in areas that support Altra's overall growth strategy. Our new location in China virtually doubles our manufacturing capacity, significantly improves lean product flow on the shop floor, and offers our associates a much improved modern and safe working environment." The relocation is anticipated to be complete by the end of the third quarter 2009.
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.
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