Bearings manufacturer Auburn Bearing & Manufacturing Inc., Macedon, New York, has acquired Aurotek TSB Inc., Herkimer, New York, effective Feb. 1. Financial terms of the deal weren’t disclosed.
Aurotek TSB, which was founded by Dr. Don Cancelmo, will move its operation to Auburn’s Macedon headquarters. Aurotex TSB specializes in the production of precision thin section bearings for an array of industries.
Peter Schroth, president of Auburn Bearing & Manufacturing, said, “This acquisition aligns with our strategy to expand our product offerings to include American-made precision radial bearings, along with our current thrust ball and roller bearings, in low- to mid- volume production runs and with reasonable lead times.”