Actuant Unit Receives Several Awards; Gardner Bender Recognized as Lowe's and Pro Group Supplier of the Year.MILWAUKEE -- Actuant Corporation's (NYSE NYSE See: New York Stock Exchange :ATU (ADSL Transceiver Unit) A device that provides ADSL modulation of the telephone line. The device at the telco side is the ATU-C (Central), which is a line card plugged into the DSLAM. ) Gardner Bender Gardner Bender is a manufacturer of professional electrician's tools and supplies. External links
Mark Goldstein, President of Actuant's Tools & Supplies Segment, said, "We are proud to receive these honors. We work hard to partner with our customers to meet their needs and the needs of their customers. The Gardner Bender team is committed to develop, design and deliver products that are innovative and make our customer's jobs easier and safer." Lowe's Supplier of the Year Gardner Bender was selected by Lowe's Companies, Inc. as Supplier of the Year in the Rough Electrical Department. Lowe's operates more than 1,175 home improvement stores in 49 states. Candidates for Lowe's "Supplier of the Year" must meet a number of qualifications including high value and high quality products, responsible environmental stewardship The integration and application of environmental values into the military mission in order to sustain readiness, improve quality of life, strengthen civil relations, and preserve valuable natural resources. , innovative and instructive merchandising, and extraordinary services. Nineteen suppliers received the award this year in a variety of categories. Electrical Contracting Products Innovation Award Gardner Bender's Circuit Alert(TM) wire cutting tools received a 2005 INNOVATION award from Electrical Contracting Products. Circuit Alert tools are one-of-a-kind wire strippers Noun 1. wire stripper - a hand tool used by electricians to remove insulation from the cut end of an insulated wire hand tool - a tool used with workers' hands and voltage sensors that light up when close to a live electrical circuit. Designed for do-it-yourself and professional electricians, the tools signal proximity to electricity with both light and sound, adding an additional level of safety. Electrical Contracting Products' 2005 INNOVATION Awards program recognizes outstanding companies whose products or services have best responded to electrical contractors' market challenges by offering creative and innovative ideas. Pro Group Key Supplier of the Year and "Best New Product" Awards Pro Group, Inc., a merchandising and marketing organization representing 41 member distributors and thousands of dealers, recognized Gardner Bender as part of their annual awards. At the 2006 DA / PRO Executive Planning Conference, Gardner Bender received the Key Supplier of the Year Award in the Electrical Products Category as voted on by PRO members. Gardner Bender's Circuit Alert Tools also received a "Best New Product in 2006" award in the Electrical Category. This award was voted on by members of both Pro Group and Distribution America Distribution America is primarily a hardware store retailers' cooperative. It was formed in 1991 by the merger of Liberty Distributors and Sentry Hardware. In addition to Sentry, it services the Trustworthy Hardware Stores, Golden Rule Lumber Center (DA). About Gardner Bender and Actuant For more than 40 years, Gardner Bender has been designing and manufacturing high-quality electrical products. From wire connecting to conduit bending, Gardner Bender products reduce labor and increase safety. To find out more about Gardner Bender and its products, visit www.gardnerbender.com. Actuant, headquartered in Glendale, Wisconsin For other places with the same name, see Glendale, Monroe County, Wisconsin. Glendale is a city in Milwaukee County, Wisconsin, United States. The population was 13,367 at the 2000 census. Geography Glendale is located at (43. , is a diversified industrial company with operations in more than 25 countries. The Actuant businesses are market leaders in highly engineered position and motion control systems and branded hydraulic and electrical tools and supplies. Formerly known as Applied Power, Actuant was created in 2000 after the spin-off The situation that arises when a parent corporation organizes a subsidiary corporation, to which it transfers a portion of its assets in exchange for all of the subsidiary's capital stock, which is subsequently transferred to the parent corporation's shareholders. of Applied Power's electronics business segment into a separate public company called APW APW All Pro Wrestling APW Altmar Parish Williamstown (School District; Parish, New York) APW Add-Printer Wizard (Microsoft Windows) APW Augmented Plane Wave APW Apparent Polar Wander Ltd. Since 2000, Actuant has grown its sales from $482 million to approximately $1 billion and its market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. from $127 million to over $1.2 billion. The company employs 5,800 people worldwide. Actuant Corporation trades on the NYSE under the symbol ATU. For further information on Actuant and its business units, visit the Company's website at www.actuant.com. |
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