Hawk Corporation engages in the design, engineering, manufacture, and marketing of friction products and powder metal precision components for industrial, agricultural, powersports, and aerospace applications. It operates in three segments: Friction Products, Precision Components, and Performance Racing. The Friction Products segment manufactures parts and components made from formulations of composite materials, primarily consisting of metal powders, and synthetic and natural fibers for use in brakes, clutches, and transmissions used in construction and mining vehicles, agricultural vehicles, trucks, motorcycles and race cars, and brake parts for landing systems used in commercial and general aviation. The Precision Components segment supplies powder metal precision components for industrial equipment, lawn and garden equipment, appliances, hand tools, and trucks. It uses composite metal alloys in powder form to manufacture engineered metal components. This segment serves four areas of the powder metal marketplace: tight tolerance fluid power components, such as pump elements and gears; powder metal components used primarily in construction equipment, agricultural equipment, and trucks; parts for the lawn and garden, appliance, and other markets; and metal injection molded parts for various industries. The Performance Racing segment manufactures and markets branded clutch, transmissions, and driveline systems for the performance racing market. This segment supplies parts for racing series, racing car clubs, and racing and competition cars. Hawk Corporation was founded in 1989 and is headquartered in Cleveland, Ohio.
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