4/28/2015 11:14:00 AM
NEWS BRIEFS
RBC Bearings Acquires Sargent Aerospace

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RBC Bearings completed its acquisition of Sargent Aerospace & Defense unit from Dover for $500 million.

Tuscon, AZ-based Sargent supplies specialty fasteners, seal rings and alignment joints, valves, actuators and specialty bearings to aerospace, submarine and automotive OEMs.

Sargent produces Sonic fasteners, specialty bolts, fuse pins and close-tolerance machined products for commercial and military aircraft. The company specializes in hot-forged, high strength threaded products manufactured from both standard and exotic materials.

Sargent employs more than 750 workers through six facilities in three countries, with annual revenues of $195 million. Web: sargentaerospace.com

Dover and RBC Bearings agreed to the deal in March. 

RBC Bearings said Sargent’s manufacturing processes and design expertise complement its existing capabilities.

Founded in 1919, RBC Bearings is an international manufacturer and marketer of highly engineered precision bearings and components. The company employs approximately 2,510 people and operates 25 manufacturing facilities in five countries, with headquarters in Oxford, CT. Web: rbcbearings.com