Climax Metal Products Company of Cleveland, Ohio (www.climaxmetal.com), a manufacturer of shaft collars, rigid couplings, and keyless locking assemblies used in the machining industry bought the Cleveland Sales Company, Inc. (Clesco).
Founded in 1930, Clesco is a manufacturer and supplier of power transmission components and zinc and aluminum die cast pulleys. Clesco has facilities in Willoughby, Ohio and Ennis, Texas.
Christopher Curran, president of Climax Metal Products Company, commented, “The addition of Clesco strengthens Climax’s position as a leading manufacturer and marketer of shaft collars, rigid couplings, and other power transmission products, including die cast pulleys. The Clesco acquisition strengthens Climax’s product portfolio, expands our global reach, and creates additional shareholder value.”