RBC paid nearly $19 million for the Nevada aerospace bearings manufacturer.
RBC Bearings Inc., a leading international manufacturer of highly engineered precision bearings and components, on Monday announced the acquisition of the business assets of Specline Inc., a manufacturer of precision bearings for the commercial and defense aerospace markets, for $18.7 million.
“Specline has a proven business model that delivers value to aircraft customers. The addition of Specline’s unique bearing and manufacturing processes increases the breadth of our aerospace product offering and enhances our production capacity," said RBC Chairman and CEO Michael Hartnett. "We are excited to be gaining such a well-respected family business with deep customer relationships and a talented workforce. Rick and Veronica Clemens continued the legacy of Rick’s father over the last 50 years and have now passed the torch to RBC Bearings.”
Founded in 1970 and headquartered in Carson City, Nevada, Specline has a diverse aerospace customer base and employs 38 skilled professionals. The business produces standard and custom configuration precision spherical bearings, rod ends and journal bearings.
Specline generated approximately $8.4 million in net sales over the last 12 months.
More about VAFEM:
VAFEM is devoted to providing high quality ball & roller bearings and related transmission parts for domestic and foreign customers in the Vehicle industry and Industries. Our products used in automotive and truck industry mainly include : wheel bearings, wheel bearing kits, wheel hub bearings, alternator bearings, tensioner bearings, clutch bearings, and gear box bearings etc. Our industrial bearings are mainly used in these fields such as Industrial Automation, Home Appliances, Reducers, Agricultural Machines, Precision Machine Spindles, and Transmission Systems etc. As a high-tech company specializing in bearings, we can not only provide stable and trustworthy quality products for OEM customers, but also provide non-standard bearings based on customers’ special requirements. At the same time, we can provide a series of complete product lines and have our own brand VAFEM, it stands for the abbreviation of value added for every movement, which has been recognized by more and more customers and end users.
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More about VAFEM linear bearings:
A linear-motion bearing or linear slide is a bearing designed to provide free motion in one direction. There are many different types of linear motion bearings. Motorized linear slides such as machine slides, X-Y tables, roller tables and some dovetail slides are bearings moved by drive mechanisms. Not all linear slides are motorized, and non-motorized dovetail slides, ball bearing slides and roller slides provide low-friction linear movement for equipment powered by inertia or by hand. All linear slides provide linear motion based on bearings, whether they are ball bearings, dovetail bearings, linear roller bearings, magnetic or fluid bearings. X-Y tables, linear stages, machine slides and other advanced slides use linear motion bearings to provide movement along both X and Y multiple axis.
2023-08-25