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Slide #75. RBC Bearings Incorporated — Turbine Components Inc.
RBC Bearings Incorporated (NASDAQ:ROLL)
Turbine Components Inc.
RBC Bearings Incorporated (NASDAQ:ROLL), a leading international manufacturer of highly-engineered precision plain, roller and ball bearings for the industrial, defense and aerospace industries, today announced that it has acquired the net assets and business of Turbine Components Inc. ("TCI") for approximately $3.9 million.
RBC Bearings is a manufacturer and marketer of bearings and products, which are integral to the manufacture of machines, aircraft and mechanical systems. Co. has four product segments: plain bearings, which are used to rectify inevitable misalignments in various mechanical components such as aircraft controls, helicopter rotors, or heavy mining and construction equipment; roller bearings, which are anti-friction products that utilize cylindrical rolling elements; ball bearings, which are devices that utilize ball elements to reduce friction in high speed applications; and engineered products, which consist of hydraulics and valves, fasteners, mechanical components and machine tool collets.
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