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Headquarters: Bloomfield, CT
2016 Revenues: $1.1 billion
Change in Sales from 2015: -6%
Number of New Locations:7
2015 Acquisitions: Calkins Fluid Power, Inc., G.C. Fabrication Inc., Timken Alcor Aerospace Technologies Inc., GRW Bearings
Key Executives: Steve Smidler, president; Al Lariviere, senior vice president, finance; Tom Weihsmann, senior vice president & general manager; Tribby Warfield, senior vice president & general manager; David Mayer, vice president, marketing
Kaman Industrial Technologies, one of the business units of Kaman Corp., operates in three primary sectors: power transmission bearings (50 percent), automation (30 percent) and fluid power (20 percent).
While the company has historically focused on building sales through acquisition, right now it is also focused on boosting its operating margins through improved operational efficiencies and product mix, investing in strategic pricing and capitalizing on the scale it has already built.