Energy & Power

ENERPAC TOOL GROUP CORP

Company Profile Analysis

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ENERPAC TOOL GROUP CORP - Energy & Power showcase

Year Founded & Workforce

1909-12-31

4,700 Employees

Industry

Energy & Power

Services

E

ENERPAC TOOL GROUP CORP Overview

Company Headquarters: US

Founded: 1910

Workforce: ~4,700

Company Working: Enerpac Tool Group Corp. is a diversified industrial company. The firm is involved in the designing, manufacturing, and distribution of a wide range of industrial products and systems for a diversified range of markets. It operates through the segments of Industrial Tools and Services and Engineered Components and Systems. The Industrial Tools and Services segment supplies products and services to end markets such as industrial machinery, energy and power, mining, and automation markets. The Engineered Components and Systems segment operates in critical system positions and motion control systems, ropes, cables, and other customized industrial components for various vehicles, construction, agricultural and other markets.

Strategy

Enerpac Tool Group Corp. follows an organic growth strategy. The company believes in new product development and innovation. The multiple product launches undertaken by the company are evident in the research and development focus of the company. Enerpac Tool Group also focuses on maintaining strong flows that are achieved by maximizing returns on assets and minimizing primary working capital needs. The cash flow that results from efficient asset management, improved profitability, and loyal customers are used to fund internal growth opportunities, strategic acquisitions, and opportunistic common stock repurchases

Company Snapshot

$617.2M

Revenue

4,700

Employees

1909-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Large Customer Base
  • Wide Range of End Markets

Weaknesses

  • Rising profitability

Opportunities

  • Growing Global Demand for Energy
  • Positive Outlook for Global Automotive Industry

Threats

  • Intense Competition
  • Rapidly Changing Technology
  • Stringent Environmental Regulations

Key Developments

DateApproachDevelopment
May 2020Product LaunchEnerpac Tool Group Corp launched the SCJ-100 Self-Locking Cube Jack. The Cube Jack uses a base lifting frame and self-aligning lightweight steel cribbing blocks to provide high-capacity and stabilized lifting capability. Up to eighteen 50-lbs (23 kg) steel cribbing blocks can be safely and easily stacked onto the SCJ-100 Cube Jack base frame yielding a maximum height of 118.3 inches (3006 mm). The base frame footprint measures just 25.8 in x 25 in (655mm x 636mm). This makes it ideal for restricted operating spaces. A low 22 inch (558mm) minimum initial jacking height increases flexibility and reduces operational startup time
March 2020Product LaunchEnerpac Tool Group Corp launched the DSX Hydraulic Torque Wrenches. The DSX Hydraulic Torque Wrenches feature aluminum bodies that keep the weight low, and the 360 x 180-degree high flow aluminum swivel ensures hydraulic hoses are easy to manage. The DSX Torque Wrenches are available with square drive sizes ranging from 3/4 to 2 ½”, and for safety and convenience, these are retained and released quickly using a push button.

Product Offering

  • ENERPAC TOOL GROUP CORP
    • Hydraulic Cylinders

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About the Author

Wantstats Research Team

Wantstats' research desk profiles ENERPAC TOOL GROUP CORP as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

ENERPAC TOOL GROUP CORP

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