RBC Bearings Inc. said it has acquired certain assets of Lubron Bearing Systems of Huntington Beach, Calif., for about $2.9 million.
Lubron manufactures self-lubricating bearings used in bridge building, power generation, subsea oil production, and earthquake seismic isolation. Recent projects include Grand Coulee Dam and nuclear power plants in Korea.
“The addition of Lubron’s very unique and complimentary bearings to our portfolio of highly engineered products increases the breadth of our current offering to customers while also increasing our prospects for future growth,” said RBC Chairman and Chief Executive Officer Michael J. Hartnett.
