ENERPAC TOOL GROUP CORP

Enerpac Tool Group Corp. provides industrial tools, services, and technology solutions for heavy lifting and controlled force applications across various global industries. Its primary reportable segment, Industrial Tools & Services, designs, manufactures, and distributes branded hydraulic and mechanical tools, including cylinders, pumps, valves, hydraulic torque wrenches, and bolt tensioners. The segment also offers equipment rentals and specialized on-site maintenance services such as joint integrity, machining, and bolting. In addition, the company operates Cortland Biomedical, a smaller operating unit focused on biomedical textile product development. Enerpac Tool Group distributes its offerings through independent distributor networks as well as direct sales to original equipment manufacturers and end users in sectors such as petrochemicals, infrastructure, mining, power generation, and manufacturing.

Headquartered in Milwaukee, Wisconsin, the enterprise operates globally and serves customers across more than 100 countries. Outside the United States, its major commercial regions include Europe, the Middle East, and Asia, supported by international manufacturing operations and suppliers in locations such as China, the United Kingdom, Spain, and the Netherlands. The company employs roughly 2,100 people across its worldwide facilities.

Summary of the business section of Enerpac Tool's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“The talent that makes up our workforce (approximately 2,000 employees as of August 31, 2024) is critical to the success of our company and the ability to deliver shareholder value.”