View the latest Kaman news
Headquarters: Bloomfield, CT
2009 Revenues: $645 million
Change in Sales from 2008: -17%
Key Executives: President T. Jack Cahill
Kaman, a national distributor of power transmission and motion control products, has been active in M&A in the first half
of 2010, acquiring Allied Bearings Company and motion control distributor Minarik. The distributor also expanded in Mexico.
Neal J. Keating, president and CEO of Kaman Corp., said after the most recent quarter: "Revenue trends in our Industrial Distribution
segment strengthened significantly during the quarter and were above our expectations, allowing us to achieve growth for the
first time since 2008 despite facing the most difficult year-over-year comparison we will have this year. We also announced
earlier this week the acquisition of Minarik Corporation, our largest Industrial Distribution acquisition to date, which combined
with our recent acquisitions of Allied Bearings Supply and Fawick de Mexico, will expand our geographic footprint and increase
our served market in this segment."
No. 17: FW Webb
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