Sources: Actuant Corp., Menomonee Falls, Wis.; CP staff
New York Stock Exchange-traded Actuant Corp. has announced Precision-Hayes International, the combining of two businesses with global reach and significant brand recognition, plus reinforced concrete construction and energy infrastructure market presence. The move completes an integration of Sugar Land, Texas-based Hayes Industries, which Actuant acquired in 2014, eyeing synergy with its Precision Sure-Lock business.
“By combining these world-recognized brand names, we believe we are creating a strong and cooperative partnership in which the best of each company will be preserved and leveraged,” says Precision-Hayes Business Leader Bob Van Noord. “With Actuant’s global resources, we are dedicated to continuously improving our products, processes and systems in ways that will benefit our customers and the markets we serve. With a broad, high-quality product line, Precision-Hayes International is committed to be the first choice provider of pre-stressed/post-tensioned concrete products.”
Precision-Hayes’ catalog spans 400-plus wedges, chucks, plates and companion anchorage products; Sure-Lock and Sure-Lock II single strand anchorage systems; Sure-Lock multi-use chucks and wedges; Grabb-It barrier anchorages; Posi-Lock+ encapsulated anchorage systems; plus, production and installation equipment, including extrusion and cutting lines, stressing rams, pumps, PocketShear tendon finishing tools, specialty cutters and accessories. The products and tools are designed to meet Post-Tensioning Institute, International Code Council and International Building Code guidelines.