EXHIBIT 99.3



[Altra Industrial Motion Logo]

Altra Industrial Motion
Announces Consent Solicitation Update

March 23, 2007

Quincy, Massachusetts- Altra Industrial Motion, Inc. ("Altra") announced that it
is increasing the consent fee from (pound)2.50 in cash for each (pound)1,000
principal amount of its outstanding 11 1/4% Senior Notes due 2013 (CUSIP No.
022089 AG1) (the "2013 Notes") to (pound)5.00 in cash for each (pound)1,000
principal amount of its outstanding 2013 Notes. The expiration date of its
consent solicitation relating to its outstanding 2013 Notes is 5:00 PM, New York
City time, on Friday, March 23, 2007 pursuant to its consent solicitation
statement dated March 7, 2007.

Altra will make a payment equal to (pound)5.00 in cash for each (pound)1,000
principal amount of 2013 Notes to record holders of the 2013 Notes after the
supplemental indenture becomes operative. The supplemental indenture effecting
the amendments will not become operative unless and until Altra accepts and pays
for shares of common stock of TB Wood's Corporation pursuant to its pending
tender offer and does not complete a "short-form" back-end merger on the closing
date (and, accordingly, TB Wood's does not become a wholly owned subsidiary of
Altra upon the closing date of the tender offer).

The detailed terms and conditions of the consent solicitation are contained in
the consent solicitation statement. Questions regarding the consent solicitation
can be addressed to Jefferies & Company, Inc., at 203-708-5831.

Altra Industrial Motion, Inc., a subsidiary of Altra Holdings, Inc., is a
leading multinational designer, producer and marketer of a wide range of
electromechanical power transmission products. Altra brings together strong
brands covering over 35 product lines with production facilities in six
countries and sales coverage in over 70 countries. Our leading brands include
Boston Gear, Warner Electric, Formsprag Clutch, Ameridrives Couplings,
Industrial Clutch, Kilian Manufacturing, Marland Clutch, Nuttall Gear, Stieber
Clutch, Wichita Clutch, Twiflex Limited, Bibby Transmissions, Matrix
International, Inertia Dynamics, Huco Dynatork and Warner Linear.

SOURCE: Altra Industrial Motion documents

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CONTACT INFORMATION:

David Wall
Chief Financial Officer
Phone: (617) 689-6380
Email: david.wall@altramotion.com