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In The News:

Actuant Acquires Hayes Industries

Diversified manufacturer Actuant Corp. (NYSE: ATU), Milwaukee, WI, has acquired Hayes Industries Ltd, Sugar Land, Texas, for $31 million, plus potential future performance related consideration.

Hayes had sales of $25 million for the most recent year.

Hayes manufactures concrete pre- and post-tensioning products. The addition will complement Actuant's industrial segment’s existing Precision Sure-Lock business.

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