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Altra Industrial Motion

Corporate Overview

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Altra Industrial Motion Corp is a leading,

global supplier of quality power transmission

and motion control products.

NASDAQ listed (AIMC)

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All Power Transmission

Ameridrives Couplings

Bibby Transmissions

Boston Gear

Centric Clutch

Delroyd Worm Gear

Formsprag Clutch

Huco Engineering

Industrial Clutch

Inertia Dynamics

Kilian Manufacturing

Marland Clutch

Matrix International

Nuttall Gear

Saftek

Stieber

TB Woods Group

Twiflex Limited

Wichita Clutch

Warner Electric

Strong Global Brands

Global Sales 2008: $630.2Million

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Bearings & Components

Clutches & Brakes

Linear Products

Flexible Couplings

Gearing & Gear Reducers

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22 Production Facilities WorldwideElectric Clutch Brakes

South Beloit IL USA Warner Electric

Columbia City IN USA Warner Electric

Torrington Ct USA Inertia Dynamics

Angers France Warner Electric

Le Mans France Warner Electric

Brechin Scotland Matrix

Shenzhen China Warner Electric

Flexible Couplings

Erie PA USA Ameridrives

Dewsbury England Bibby Transmission

Hertford England Huco Engineering

India Rathi Turboflex

Gearing and Gear Reducers

Charlotte NC USA Boston Gear

Niagara Falls NY USA Nuttall, Delroyd

Bearings and Precision Components

Toronto Canada (2) Kilian

Syracuse NY USA Kilian

Shenzhen China Shui Hing

Telford England Saftek

Cleckheaton England Saftek

Overrunning Clutches

Warren MI USA Formsprag

Heidelberg Germany Stieber

Garching Germany Stieber

Heavy Duty Clutch Brakes

Twickenham England Twiflex Limited

Telford England Saftek Limited

Bedford England Wichita Clutch

Wichita Falls TX USA Wichita Clutch

Wichita Falls TX USA Industrial Clutch

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Altra was formed through the acquisition of leading companies

February 2000:

Acquired Warner Electric.

Warner (1927)

Formsprag (1946)

Stieber (1944)

Wichita (1954)

May 1997:

Acquired Industrial Clutch Corp. (1930)

June 1997:

Acquired Nuttall Gear Corp. (1897)

August 1997:

Acquired

Boston Gear (1887)

Delroyd (1922)

Ameridrives (1928)

Marland (1931)

Centric (1948)

December 1996:

Colfax PT established

with the acquisition of Zurn Industry’s

Mechanical Power Transmission Group.

December 2002:

Divested

Fincor

Bay City Forge

July 2000:

Divested

Warner Linear

Superior Electric

PSI

October 2004:

Acquired Kilian (1922)

December 2004:

Established Altra

Industrial Motion

1996 1997 19991998 2000 2001 20042002 2003

February 2006:

Acquired Hay Hall

Group

Bibby

Matrix

Twiflex

IDI

Huco

2005 2006

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Core Markets

Material

Handling

Turf &

Garden

Medical

Mobility

Food

Processing

Forklifts

Packaging

Machinery

ElevatorsMilitary &

Aerospace

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Energy &

Marine

Mining

Primary

Metals

Transportation

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Sales Offices and Distribution Centers

United States Australia Taiwan

South Africa United Kingdom South America

Benelux Thailand Spain

Sweden Singapore Hong Kong

China Mexico Germany

Canada France Italy

Strong network of manufacturer representatives

Sales Offices Distribution Centers

Shanghai China Sweden Elk Grove Village IL

Singapore South Africa Los Angeles

Taiwan Hong Kong Toronto Ontario

Australia Thailand

Sales Associates

Altra Coverage

Global Coverage

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Altra is divided into two market focused divisions with a

foundation of respected and established brand names

Boston

Gear

Warner

Electric

Overrunning

Clutch

Ameridrives

Couplings

Heavy Duty

Clutch

Brake

Nuttall

Gear

Altra Industrial Motion

Standard

Products

Engineered

Products

BR

AN

DS

Warner Electric

Alcoils

Matrix

IDI

Formsprag

Marland

Stieber

Boston Gear

Centric

Huco

Wichita Clutch

Industrial Clutch

Twiflex

Saftek

Amerigear

Ameriflex

Bibby

Nuttall Gear

Delroyd

Kilian Mfg.

Kilian

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John Pollock

Global

Procurement

Craig Schuele

Global

Marketing,

Business

Development,

Motion Control

Mark Klossner

Couplings

Dave Ebling

Electromagnetic

Clutch Brakes

Ed Novotny

Boston Gear,

Huco, Belted

Drives,

Warehousing,

ABS

Bill Duff

Kilian,

Overrunning

Clutch

Mark Stuebe

Heavy Duty

Clutch Brake

Thierry Jamet

China Mfg

Tony Chien

Electronics

Gerry Ferris

Global Sales

Carl Christenson

Pres & CEO

Christian Storch

CFO

ANO

Human Resources

Mike Hurt

Chairman

Denny Schreier

Warner Linear

Belvidere, IL

Ed Novotny

Boston Gear

Charlotte, NC

Lew Crist

TB Wood’s

Chambersburg,

SLP, Mt. Pleasant

David Lockett

Colin Jacobs

Huco Dynatork

Hertford, UK

Mike Carr

Altra Warehouses

Jim Pelloux

Ameridrives

Erie, PA

Steve Broomhead

Bibby

Dewsbury UK,

Johannesburg, SA

Nuttall Gear

Niagara Falls, NY

Stan Owens

Warner Electric

S. Beloit, IL

Columbia City, IN

Eric Prat

Warner Electric

Angers, France

LeMans, France

Steve Nyquist

Inertia Dynamics

Torrington, CT

Dick Perry

Matrix

Brechin, Scotland

Bill Duff

Kilian

Syracuse, NY

Toronto, Ontario

Mark Burggraaff

Formsprag

Warren, MI

Norbert Liebenstein

Stieber

Heidelberg and

Garching, Germany

Mark Stuebe

Wichita Clutch

Wichita Falls TX

Neil Wright

Wichita Clutch

Bedford, UK

Peter Wood

Twiflex

Twickenham, UK

Steve Jefferis

Saftek

Telford and

Clickheaton, UK

Mark Lam

Shenzhen, China

Tom Paxton

TB Wood’s

Scotland, PA

Pat Kelly

Ranganathan

Arumugam

TB Wood’s

San Marcos, TX

Gerhard Heller

Berges

Marienheide,

Germany and

Bangalore, India

Tony Chien

Berges

Naturns, Italy

Alex MacGregor

PEC

Chattanooga, TN

Coder,

Banakis, Condos,

Hills, Ketter, Taylor

Sales N. America

Sales Europe

Neil English

Sales Asia Pacific

Craig Hoke

BG, WE, FS

Customer Service

David Brooksbank,

Angela Wallace,

Altra Marketing

Anna Voronina,

Jon Ward

Business

Developement

Al Mason

Altra Business

System

Dick Perry

Engineering and

Business

Development

Manager

Steven Baird

HR Supervisor

Chambersburg,

PA

Quincy MA HR

Jennifer Ireland,

Eileen Reid,

Shirley Belton

Joe Horvath

CFO TB Wood’s

Corp Finance

Todd Patriacca,

Carol Cummings,

Judie Hunter

Sergio San Martin

Tracy Schroder

Took Coder,

TBW

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The Altra Business System (ABS) drives continuous improvement

throughout the entire organization

With origins in the Toyota Production System, ABS has evolved to meet the dynamic needs of Altra’s businesses

ABS is a comprehensive Business Management System designed to achieve World Class Excellence

Toyota Production System

TPS

Jacobs Production System

JPS

Danaher Production System

DPS

Danaher Business System

DBS

Colfax Business System

CBS

Altra Business System

ABS

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Heavy Duty Clutches and Brakes Division

(HDCB)

•Wichita Clutch (Wichita Falls, Texas)

•Industrial Clutch (Waukesha, Wi)

•Wichita Clutch (Bedford, UK)

•Saftek Friction (Telford, UK)

•Twiflex Ltd (Twickenham, UK

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HDCB Facilities Wichita Clutch – Wichita Falls, USA

– Founded in 1949

– 85,000 Sq Ft

– Machining & Assembly

– Cellular manufacturing

Wichita Clutch – Bedford, UK

– Founded in 1961

– 50,000 Sq Ft.

– Machining & Assembly

– Cellular manufacturing

– Global Engineering Design Group

– ISO 9001:2000

Twiflex – Twickenham, UK

– Founded 1946

– 27,000 Sq Ft.

– Machining and assembly

– ISO 9001:2000

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HDCB Sales & Market Information (Exclusive of Twiflex)

Channel Mix

0%

20%

40%

60%

80%

Dist OEM User

US UK Total

Metal Forming

42%

Mining

25%

Energy

12%

Other

7%

Marine

6%

Tension

5% Forestry

3%

HDCB Global Sales & Est World Growth Rates

0.0%

20.0%

40.0%

60.0%

80.0%

North

America

Europe Asia

Pacific

India South

America

Middle

East

South

Africa

% o

f S

ale

s

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

8.0%

Est

Wo

rld

Gro

wth

Rate

s

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HDCB Key Markets - Energy

Applications

– Draw Works

– Top Drives

– Traction Winches

– Mud Pumps

Key Products

– Wichita – LI Series & KK Series

– Industrial – LKB Series

Estimated Served Market Share – 3%

– Draw Works – 12%

Key Customers

– Varco International - $2.0M

– Skagit/Smatco - $2.5M (pending)

– Amclyde - $.5M

– National Oil Well - $5.0M (Potential)

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HDCB Key Markets - Marine

Applications

– Deck Machinery

– Dredging Drives

– Main Propulsion

Key Products

– Wichita – LI Series & KK Series

– Industrial – HC “Wet Clutch” Series

Estimated Served Market Share – 3%

– Dredging Drives – 19%

– Deck Machinery – 11%

– Main Propulsion – 1%

Key Customers

– Jahnel - $1.8M

– Falk Corporation - $500k

– BLM Hydra Lift - $750k

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HDCB Key Markets - Mining

Applications

– Shovels & Drag Lines

– Ball Mill Clutches

Key Products

– Wichita – Standard Vent Clutch’s

– Industrial – LKB Series

Estimated Market Share – 16%

– Industry Leader in Shovels & Drag Line

Segment - 71% Share

Key Customers

– Harnischfeger - $1.5M

– Bucyrus - $ 1.1M

– Rocky Mountain Brake - $ 1.0M

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HDCB Key Markets - Tension

Applications

– Corrugators

– Sheeters/slitters

– Uncoilers

Key Products

– Mistral

– Modevo

– Kopper Kooled

– Controls

Estimated Market Share – 4%

Key Customers

– Megtec

– Marquip

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An Introduction to Wichita - Bedford

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History

1949 Wichita USA formed

1961 Wichita UK formed

1978 Wichita UK becomes joint venture between TI group and DANA

1987 Taylor Industrial Clutch Co acquired by Wichita UK

1992 Wichita UK achieved ISO 9001

1993 Wichita wholly owned by DANA as part of the Warner Electric C&B Group

1999 Wichita UK achieved ISO 14001

March 2000 Became part of Colfax PT Group (Includes Industrial Clutch Corporation plant in Waukesha)

2002 Taylor Clutch sold

2003/2004 Industrial Clutch moved from Waukesha to Wichita Falls Texas

2004 Became part of Altra Industrial Motion

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Wichita - Bedford

Manufacturing plant established in 1961 in Bedford, UK 80Km

North of London

Manufacture range of pneumatically and hydraulically

actuated clutches and brakes from 150 mm to 1500 mm diameter.

Manufacture to Lloyds / DNV / ABS Certification body

standards

R & D department & Test Laboratory

ISO 9001 since 1992

ISO 14001 since 1999

Worldwide distribution and service

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Wichita

The markets that we serve:-

Tensioning, Steel-making and Processing, Oil

and Gas, Marine, Mining, Dynamometry,

Forestry, and Heavy Duty

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Tensioning

Corrugators

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Tensioning

Slitting

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Tensioning

Newsprint

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Steel Making and Steel Processing

Rotary

Flying Shears

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Steel Making and Steel Processing

Cold Shear

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Mining

Ballmills

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Mining

Crushing

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Mining

Earth Moving

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Marine

Main Propulsion

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Marine

Dredging

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Marine

Heavy Duty

Lifting

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Marine

Heavy Duty

Winches

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Forestry

Log Haulers

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High Energy

Weight = 20 tonne

Speed= 1600

m/min

Stop in 2 secs

Stops 140/week

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Marine

Mat Laying

Barge

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WichitaOffices

Australia

Argentina

France

Germany

Hong Kong

Italy

Netherlands

Singapore

Spain

Switzerland

Taiwan

Distributors

Ireland

India

Israel

Japan

Malaysia

New Zealand

Norway

Poland

Portugal

South Africa

Sweden

Turkey

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Global Service and Support

•260 sales and

marketing associates

•Direct sales coverage

in over 35 countries

•Distributor locations in

over 50 countries

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Altra Industrial Motion

World Headquarters Quincy, MA

Warner ElectricS. Beloit, IL (HQ)Columbia City, INAngers, FranceLeMans, FranceShenzhen, China

Boston GearCharlotte, NC

Overrunning ClutchFormsprag/MarlandWarren, MI

StieberHeidelberg, GermanyMunich, Germany

Heavy Duty Clutch BrakeWichita Clutch/Industrial ClutchWichita Falls, TXBedford, UK

AmeridrivesErie, PA

Nuttall Gear/Delroyd GearNiagara Falls, NY

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Couplings

Clutches and Brakes

[Picture]

Adjustable Speed Drives

Gearing

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Altra Product Portfolio/Global Brands

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The Power of Experience

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References: OEM Customers

Harnischfeger - Mining

Bucyrus - Mining

Hydralift BLM - Marine

Peterson Pacific - Forestry

Falk Corp - Marine

Sintech - Mining

Bliss Clearing - Metal

Megtec Systems - Paper

Varco International – Energy

Bentec - Energy

David Brown Engineering - Marine

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History: Wichita UK

1949 Wichita USA formed

1961 Wichita UK formed

1978 Wichita UK becomes joint venture between TI group and DANA

1987 Taylor Industrial Clutch Co acquired by Wichita UK

1992 Wichita UK achieved ISO 9001

1993 Wichita wholly owned by DANA as part of the Warner Electric C&B Group

1999 Wichita UK achieved ISO 14001

March 2000 Became part of Colfax PT Group (Includes Industrial Clutch Corporation plant in Waukesha)

2002 Taylor Clutch sold

2003/2004 Industrial Clutch moved from Waukesha to Wichita Falls Texas

2004 Colfax divestiture of Colfax PT group to Genstar. Altra holding corporation formed.

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Wichita UK ; a commitment to TQM Organisation-wide. Integrated across the site

– Communication is key

– “process view” of manufacturing

Relevant KPI’s that drive stakeholder value

Customer driven

Developing the “internal customer concept”

“Right first time initiative”

Lean manufacturing concepts

– Elimination of waste

– Flexibility

– Kaizen tool kit

Continuous improvement culture

“A sense of urgency and pride in everything we do”