Trelleborg, Stockholm, Sweden, through the Trelleborg Sealing Solutions unit, has acquired precision bearing and sealing devices company Hydro-Components Research & Development Corporation, Streamwood, IL. The company employs 80 and has annual sales of SEK 50 million (US$7.2 million).
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HCRD manufactures high-precision components, focusing on large diameter seals and bearings.
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The acquisition helps Trelleborg expand in North America within the heavy duty vehicle segment.
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Trelleborg Sealing Solutions has annual sales of SEK 5.4 billion (US$778 million). It has production units in Brazil, Canada, China, Denmark, France, India, Italy, Japan, Malta, Mexico, Poland, Sweden, the UK and the U.S.
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Trelleborg is a global industrial group that develops solutions that seal, damp and protect in demanding industrial environments. The Trelleborg Group has annual sales of SEK 27 billion (US$3.89 billion), with about 23,000 employees in 40 countries. The Group comprises four business areas: Trelleborg Engineered Systems, Trelleborg Automotive, Trelleborg Sealing Solutions and Trelleborg Wheel Systems.