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Subsequent Events	9 Months Ended
Subsequent Events	Sep. 30, 2016
Subsequent Event [Line Items]
Subsequent Events [Text Block]	19. Subsequent Events On October 3, 2016, the Company acquired 100% of the stock of Ravaglioli S.p.A. Group ("RAV"), a global automotive service equipment manufacturer, for a purchase price of €245 million (approximately $274 million). RAV will become part of the Engineered Systems segment. This acquisition will broaden the Company’s ability to expand into attractive product adjacencies and offer a suite of products to customers globally.