TWIN DISC INC

Twin Disc designs, manufactures, and sells marine and heavy-duty off-highway power transmission equipment. The company operates manufacturing facilities in the United States, Belgium, Canada, Finland, Italy, the Netherlands, and Switzerland. Additionally, it has distribution locations in Singapore, China, Australia, New Zealand, and Japan. Twin Disc's product offerings include marine transmissions, azimuth drives, surface drives, propellers, boat management systems, power-shift transmissions, hydraulic torque converters, power take-offs, industrial clutches, control systems, and braking systems. The company serves customers primarily in the pleasure craft, commercial, and military marine markets, as well as in the energy and natural resources, government, military, and industrial markets. Worldwide sales to both domestic and foreign customers are conducted through a direct sales force and a distributor network. These products have consistently generated more than 90% of revenues in each of the last three fiscal years. On February 14, 2025, Twin Disc acquired 100% of Kobelt Manufacturing Co. Ltd., a Canadian manufacturer of controls, propulsion, steering, and braking systems for the marine, oil and gas, and industrial markets. Kobelt is integrated into Twin Disc's manufacturing segment. On May 31, 2024, the company acquired 100% of Katsa Oy, a Finnish manufacturer of custom-designed power transmission components and gearboxes for industrial and marine end-markets, which also provides after-sales services. Katsa is also included in the company's manufacturing segment. Most products are machined from cast iron, forgings, cast aluminum, and bar steel.