Auburn Bearing & Manufacturing Inc., an American-based designer and manufacturer of thrust bearings, custom bearings and precision components, has acquired the assets of Aurotek TSB, Inc. The deal was effective Feb. 1.
Aurotek TSB Inc. specializes in the production of precision thin section bearings for a broad array of industries. These bearings are used in a variety of applications, namely, for use in radar equipment, defense weapon systems, medical equipment, aerospace guidance systems, packaging machines, industrial assembly machines, and robotics for security, medical, nuclear and defense systems.
Peter Schroth, president of Auburn Bearing & Manufacturing, noted, “This acquisition aligns with our strategy to expand our product offerings to include American-made precision radial bearings, along with our current thrust ball and roller bearings, in low- to mid- volume production runs and with reasonable lead times.”
Aurotek TSB was founded by Dr. Don Cancelmo, who spent his entire career working in the thin section bearing industry. Auburn Bearing & Manufacturing has been a supplier of rings and bearing components to the company since 2011.
Previously located in Herkimer, New York, the operations and assets of Aurotek TSB will be moved to Macedon, New York, to operate within the Auburn Bearing & Manufacturing facility.