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Slide #92. Rexnord — Micro Precision Gear Technology
Micro Precision Gear Technology
Rexnord (NYSE:RXN) announced today that it has acquired the assets of Micro Precision Gear Technology Limited ("Micro-Precision"), a UK-based manufacturer of specialty precision gears for the aerospace industry. Micro-Precision has 85 employees and annual sales of approximately $14 million (USD).
Rexnord is an industrial company. Co.'s platforms are: Process and Motion Control, which designs, manufactures, markets and services mechanical components including motion control products, shaft management products, aerospace components, and related services under Rexnord®, Rex®, Addax®, Euroflex®, Falk®, FlatTop®, Cambridge®, Link-Belt®, Omega®, PSI®, Shafer®, Stearns®, Highfield®, Thomas®, Centa® and Tollok brand names; and Water Management, which designs, procures, manufactures, and markets water control and safety, water distribution and drainage, finish plumbing, and site works products for nonresidential buildings under Zurn®, Wilkins®, Green Turtle® and World Dryer® brand names.
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