Kaman Acquires Plains Bearing Corp.

WINDSOR, CT – Kaman Industrial Technologies Corporation (Kaman), a subsidiary of Kaman Corporation, announced today that it has acquired certain assets of Plains Bearing Corp., a full line bearing and power transmission distributor with one location in Lubbock, Texas.  Terms of the sale were not disclosed.

WINDSOR, CT – Kaman Industrial Technologies Corporation (Kaman), a subsidiary of Kaman Corporation, announced today that it has acquired certain assets of Plains Bearing Corp., a full line bearing and power transmission distributor with one location in Lubbock, Texas.  Terms of the sale were not disclosed.

Founded in 1986, Plains Bearing serves a broad range of customers in West Texas, primarily in the food processing, petrochemical and agriculture industries.  Plains Bearing will become a full service Kaman location with access to Kaman’s full suite of mechanical, electrical, material handling, fluid power and motion control products and services.

“Plains Bearing is one of the leading independent bearing and power transmission distributors in its territory and an excellent addition to the Kaman sales and service network,” said Steven J. Smidler, President of Kaman Industrial Technologies.  “The acquisition is another example of the execution of our strategy to expand geographically to service both local and national accounts with facilities in the region.”

“Our customers will benefit from a wider selection of products and world-class customer service,” said James Grusendorf, President of Plains Bearing.  “We are pleased to have joined forces with the Kaman team.”

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