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In The News:

Kaman Industrial Technologies Acquires Target Electronic Supply

Kaman Industrial Technologies Corp., a subsidiary of Bloomfield, CT-based Kaman Corp. and No. 15 on MDM's list of top industrial distributors, has acquired Target Electronic Supply, Inc., Westwood, MA. Target, a motion control distributor in the New England trading area, will become part of Kaman's Minarik subsidiary.

"The acquisition of Target strengthens our motion control footprint in the New England area. With over 30 years of experience in the market place and their capability to provide engineered solutions, Target nicely complements the resources of Minarik and Kaman to offer the Northeastern markets superior motion, automation, and power transmission products and systems with unequalled application support and service," said Andy Reid, Kaman's area vice president, Minarik.

Target has locations in Massachusetts, Connecticut and New Hampshire, and is expected to have sales of $19 million in 2012.

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