RBC Bearings acquires Climax Metal Products
RBC Bearings has acquired Climax Metal Products Company for approximately $13.6 million.
Located in Mentor, Ohio, Climax Metal Products is a manufacturer of precision shaft collars, rigid couplings, keyless locking devices, and bearings for the industrial markets. Its net sales for the last calendar year were approximately $14.1 million.
“The addition of Climax Metal Products Company supports our long term growth strategy as we continue to expand and complement our existing product portfolio, customer base and distribution channels,” said Dr. Michael J. Hartnett, chairman and chief executive officer of RBC Bearings.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Joyce Lansdale and Vallen. Plus, we're featuring articles by contributing writers Dirk Beveridge, Frank Hurtte, and David Kahle, as well as interviews with numerous product and distribution industry experts.
