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Headquarters: Bloomfield, CT
2013 Revenues: $1.07 billion
Change in Sales from 2012: 5.7%
2013 Acquisitions: Hose & Fittings, Inc., Ohio Gear & Transmission, Western Fluid Components, Inc
Key Executives: Steven J. Smidler, president; Roger Jorgensen, SVP, Finance
In 2013, Kaman entered into a strategic alliance with Wajax Industrial Components to create Sourcepoint International, under which each organization would support the other in their home markets.
Kaman also sold its seven Canadian branches to Wajax Industrial Components. “We were sub-scale in Canada with limited opportunities to grow through acquisition. We have worked with Wajax in the past and we look forward to strengthening that relationship in the future,” President Steve Smidler said at the time.
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