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Home » Kaman Industrial Technologies Acquires Texas Distributor

Kaman Industrial Technologies Acquires Texas Distributor

By    MDM  Staff 
October 17, 2011
More about:  Distribution & Manufacturing Acquisitions,  Industrial Distribution,  Kaman,  Power Transmission/Motion Control/Fluid Power Distribution
Plains Bearing Corp., Lubbock, TX, expands KIT's presence in west Texas.
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Kaman Industrial Technologies Corp., a subsidiary of Kaman Corp. (NASDAQ-GS: KAMN) and No. 15 on MDM's list of top industrial distributors, acquired Plains Bearing Corp., a full line bearing and power transmission distributor with one location in Lubbock, TX. Terms of the sale were not disclosed.

Founded in 1986, Plains Bearing primarily serves food processing, petrochemical and agriculture customers in west Texas. It will become a full service Kaman location.

"Plains Bearing is one of the leading independent bearing and power transmission distributors in its territory and an excellent addition to the Kaman sales and service network," said Steven J. Smidler, president of Kaman Industrial Technologies. "The acquisition is another example of the execution of our strategy to expand geographically to service both local and national accounts with facilities in the region."

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