Oxford, CT - RBC Bearings Incorporated announced that it has acquired the net assets and business of Turbine Components Inc. (“TCI”) for approximately $3.9 million.
TCI located in San Diego, California, is an FAA certified aircraft gas turbine repair station and manufacturer of precision components for the aerospace markets. TCI’s net sales for the last calendar year were approximately $4.0 million.
Dr. Michael J. Hartnett, Chairman and Chief Executive Officer, commented, “The addition of TCI’s unique manufacturing and repair processes to our portfolio of highly engineered aircraft engine products increases the breadth of our current product and service offering. The acquisition is in line with our strategy of product portfolio expansion into the aerospace markets, and more specifically aircraft engines."