BNET Industries
Last Fiscal Year Sales:$110.8M
- Private
- US
Dow Jones Description
TB Wood's has the drive to succeed. Founded in 1857 and headquartered in Chambersburg, PA, TB Wood's Corporation designs, manufactures, and markets electronic and mechanical power transmission products. The company makes drives, couplings, clutches, brakes, gearboxes and other items that transfer power from motors and engines to machinery. It also makes variable frequency drives, motor controllers, and motor starters. It serves the construction, petroleum, food processing, materials handling, packaging equipment, and pulp industries. Operations occur in North America, Germany, Italy, and India. The company had 2005 revenue of about $110.9 million and employs about 830 people.
Number of Employees 830
Contact Information
440 N 5th Ave
Chambersburg, Pennsylvania 17201-1763
(717) 264-7161
Peer Companies
NAICS Code Mechanical Power Transmission Equipment Manufacturing: 333613
News & Analysis
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tb wood's corp. - All News and Analysis
Finland's Vacon Plc to acquire AC drives business of TB Wood's
NORDIC BUSINESS REPORT-19 December 2007-Finland's Vacon Plc to acquire AC drives business of TB Wood'sC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com Finnish frequency converters manufacturer Vacon Plc said on Wednesday (19 December) that it will acquire the AC drives business of TB Wood's, which is part of US-based Altra Holdings Inc....
Altra Holdings, Inc. Announces Successful Completion of Its Acquisition of TB Wood's Corporation
Altra Holdings, Inc. (NASDAQ: AIMC) today announced that it has completed its acquisition of TB Wood's Corporation ("TB Wood's") pursuant to a short form merger in which Forest Acquisition Corporation, a subsidiary of Altra, was merged with and into TB Wood's, resulting in TB Wood's becoming a wholly owned subsidiary...
Altra Holdings, Inc. Announces Successful Completion of Its Tender Offer for TB Wood's Corporation
Altra Holdings, Inc. (NASDAQ: AIMC) today announced that a total of approximately 3,591,854 shares of TB Wood's Corporation's common stock were validly tendered including shares subject to guaranteed delivery procedures and not withdrawn prior to the expiration of Altra's cash tender offer to purchase all of the outstanding common stock...
TB Wood's to be Rolled Up into Company Headed by its Former President
In the next several months, another public company headquartered in the region will be sold. TB Wood's Incorporated in Chambers burg is about to be purchased for $92 million, or $24.80 a share, by Altra Holdings, Inc. in Quincy, Mass. Wood's joins two other public companies in the region that...
Altra Holdings Announces Conference Call to Discuss Proposed Acquisition of TB Wood's Corporation
Altra Holdings, Inc. (NASDAQ: AIMC) will conduct an investor conference call on Friday, February 23, 2007 at 11:00 AM EST to discuss the proposed acquisition of TB Wood's Corporation previously announced on February 19, 2007. The public is invited to listen to the conference call by dialing 1-800-894-5910 domestically...
TB Wood's Corporation Receives Review.
M2 PRESSWIRE-21 February 2007-www.streetinvesting.com: TB Wood's Corporation Receives ReviewC1994-2007 M2 COMMUNICATIONS LTD RDATE:21022007 Please visit www.Streetinvesting.com for the full report. Wall Street was back on track after the long-weekend Tuesday, as a drop in oil prices and encouraging...
TB Wood's Corporation to be Acquired by Altra Holdings Inc.
M2 PRESSWIRE-21 February 2007-Making The Watchlist: TB Wood's Corporation to be Acquired by Altra Holdings Inc.C1994-2007 M2 COMMUNICATIONS LTD RDATE:21022007 TB Wood's (NASDAQ:TBWC) is an established designer, manufacturer and marketer of electronic and mechanical industrial power transmission products, which are...
Altra Holdings, Inc. to Acquire TB Wood's Corporation
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 acquire TB Wood's for $24.80 per share. The boards of directors of both companies have unanimously approved the transaction.
TB Wood's Reports Results for the Fourth Quarter of 2006 and Declares Quarterly Dividend
TB Wood's Corporation (NASDAQ: TBWC) announced today that net income for the fourth quarter ended December 31, 2006 was up 30% to $1.2 million, or $0.31 per share compared to a net income of $0.9 million, or $0.23 per share in the fourth quarter of 2005. The fourth quarter included...
TB Wood's Corporation Announces Earnings Release
TB Wood's (NASDAQ: TBWC), a leading designer, manufacturer, and marketer of electronic and mechanical industrial power transmission products, intends to release its financial results for the fourth quarter and full year ended December 31, 2006 after the market closes on Wednesday, February 14, 2007. The Company will conduct its...
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