6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
'The acquisition of Bearings & Drives fits perfectly into our strategic plan of growing in new markets throughout the Americas by consolidating distribution and establishing our Company in new regions of the United States, said Scott A. MacPherson, president of US Bearings and Drives. 'Bearings & Drives' solid goodwill has been built up over 29 years with its employees, customers, vendors and the communities in which it has served. This will be of immense benefit to US Bearings and Drives going forward.'
'I am delighted with this move. Consolidation in the industry is both necessary and inevitable,' said Barry Grant, president of Bearings & Drives. 'As US Bearings and Drives shares our philosophy in business, I am confident that our employees will be treated well and that our customers will continue to be afforded the same high level of quality and service they have come to expect with Bearings & Drives.'
US Bearings and Drives, established in 1979, has 13 branches in Washington, Oregon, California, Montana, Arizona and Alaska. A division of THE BC Bearing Group, it is affiliated with nearly 60 locations in Canada, Mexico, Chile, Peru and the U.S. and is one of the few distributors in North America that is ISO 9001-2000 certified at all locations.
The BC Bearing Group, established in 1944, is an industrial distributor of bearings and power transmission components with consolidated sales of US $117 million and services customers in such markets as forestry, mining, food processing, agriculture, petrochemicals, high technology and others.