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RBC Bearings Buys Precision Industrial Components

RBC Bearings Inc., Oxford, CT, international manufacturer of highly-engineered precision plain, roller and ball bearings for the industrial, defense and aerospace industries, has acquired Precision Industrial Components LLC (PIC Design), Middlebury, CT, for $6.6 million in cash and assumption of debt.
 
PIC Design is a manufacturer and supplier of tight-tolerance, precision mechanical components for use in the motion control industry. PIC Design has over 20,000 active customers and generated revenues of $10 million for the year ended Dec. 31, 2007.
 
RBC Bearings operates 22 manufacturing facilities in four ...

RBC Bearings Inc., Oxford, CT, international manufacturer of highly-engineered precision plain, roller and ball bearings for the industrial, defense and aerospace industries, has acquired Precision Industrial Components LLC (PIC Design), Middlebury, CT, for $6.6 million in cash and assumption of debt.
 
PIC Design is a manufacturer and supplier of tight-tolerance, precision mechanical components for use in the motion control industry. PIC Design has over 20,000 active customers and generated revenues of $10 million for the year ended Dec. 31, 2007.
 
RBC Bearings operates 22 manufacturing facilities in four countries.

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