RBC Bearings Inc produces largediameter cylindrical and ball bearings Climax Metal Products adds shaft collars couplings and other industrial bearing products

RBC Bearings Buys Climax Metal Products

Aug. 19, 2013
Est. $13.6-million purchase Adds shaft collars, rigid couplings, industrial bearings

RBC Bearings Incorporated is buying Climax Metal Products Company for about $13.6 million, adding a new range of products to its manufacturing capabilities. Connecticut-based RBC produces engineered precision plain, roller and ball bearings for industrial, defense, and aerospace industries; CMP manufactures precision shaft collars, rigid couplings, keyless locking devices, and industrial bearings for the industrial markets.

RBC chairman and CEO Dr. Michael J. Hartnett said the purchase supports a “long-term growth strategy as we continue to expand and complement our existing product portfolio, customer base, and distribution channels.”

RBC Bearings is focused mainly on producing high-tech bearings. Earlier this year it discontinued large-bearing production, and planned to combine two bearings plants.

RBC also acquired Western Precision Aero LLC, a California manufacturer of precision gears and similar products for aerospace and industrial markets.

About the Author

Robert Brooks | Content Director

Robert Brooks has been a business-to-business reporter, writer, editor, and columnist for more than 20 years, specializing in the primary metal and basic manufacturing industries. His work has covered a wide range of topics, including process technology, resource development, material selection, product design, workforce development, and industrial market strategies, among others. Currently, he specializes in subjects related to metal component and product design, development, and manufacturing — including castings, forgings, machined parts, and fabrications.

Brooks is a graduate of Kenyon College (B.A. English, Political Science) and Emory University (M.A. English.)

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