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AIMC Altra Holdings, Inc. featured news, full reports, and detailed charts

Altra Holdings, Inc. (AIMC) Wrap Up:

We are a leading global designer, producer and marketer of a wide range of mechanical power transmission, or MPT, and motion control products serving customers in a diverse group of industries, including energy, general industrial, material handling, mining, transportation and turf and garden. Our product portfolio includes industrial clutches and brakes, enclosed gear drives, open gearing, engineered belted drives, couplings, engineered bearing assemblies, linear components and other related products. Our products are used in a wide variety of high-volume manufacturing processes, where the reliability and accuracy of our products are critical in both avoiding costly down time and enhancing the overall efficiency of manufacturing operations. Our products are also used in non-manufacturing applications where product quality and reliability are especially critical, such as clutches and brakes for elevators and residential and commercial lawnmowers.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f17%2f0000950135-08-001801.html#FIS_BUSINESS"   
www.altramotion.com
3,164 Employees
Founded in 2004

Altra Industrial Motion, Inc. (AIMC:NASDAQ)

LAST $11.73 USD
CHANGE TODAY +0.05 0.43%
VOLUME 103.5K
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Altra Industrial Motion, Inc. (AIMC)

OPEN
$11.60
PREVIOUS CLOSE
$11.68
DAY HIGH
$11.85
DAY LOW
$11.60
52 WEEK HIGH
11/18/09 - $11.95
52 WEEK LOW
03/12/09 - $3.07
MARKET CAP
312.3M
AVERAGE VOLUME 3 mo
140.9K
DILUTED EPS TTM
$-0.80
SHARES OUTSTANDING
26.6M
AIMC Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

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AIMC Top Compensated Officers

Mr. Carl R. Christenson
Chief Executive Officer, President and Direct...
Age: 49
Total Annual Compensation: --
Mr. Michael L. Hurt
Executive Chairman of the Board
Age: 63
Total Annual Compensation: --
Mr. Christian Storch
Chief Financial Officer
Age: 49
Total Annual Compensation: --
Mr. Todd B. Patriacca
Chief Accounting Officer, Vice President of F...
Age: 39
Total Annual Compensation: --
Mr. Glenn Deegan Esq.
Vice President of Legal & Human Resources, Se...
Age: 42
Total Annual Compensation: --

Executives, Board Directors

Compensation as of Fiscal Year 2009.

Key developments for Altra Industrial Motion, Inc. (AIMC)

Altra Industrial Motion Inc. Reports Earnings Results for the First Quarter Ended March 28, 2009

Altra Industrial Motion Inc. reported earnings results for the first quarter ended March 28, 2009. For the quarter, the company showing a net income of $1.42 million. In contrast, the company posted a net income of $8.56 million for the same quarter in the previous year.

Altra Holdings and Altra Industrial Motion Appoint Deloitte LLP as Auditor Replacing Ernst & Young LLP

On March 18, 2009, the Audit Committee of the Board of Directors of Altra Holdings Inc. and Altra Industrial Motion Inc. dismissed Ernst & Young LLP as the Companies' independent registered public accounting firm effective as of March 20, 2009. On March 18, 2009, the Audit Committee appointed Deloitte & Touche LLP as the Companies' new independent registered public accounting firm.

Altra Industrial Motion Inc. to Relocate its Headquarters

Altra Industrial Motion Inc. will relocate its headquarters with the signing of a 13,804-square-foot lease in Quincy, Mass. The company will move from 14 Hayward St. in Quincy to 300 Granite St. in Braintree. The company will move in November 2008.

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