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Pacamor Kubar Bearings (PKB) Purchased By Company's Executive Vice President & Controller
Posted By: Nancy Cogliandro, Marketing Director, PKB (Nancy, pacamor at msn dot com) 08/12/2015
Pacamor Kubar Bearings (PKB) Purchased by Company's Executive Vice President & Controller
The agreement calls for the sale of the entire business, including all the factory capabilities and certifications. The company will continue to reside in its 13,250 square foot factory, clean room assembly area, and office area. The transition will be seamless, as all employees, machinery, certifications, as well as current skills and capabilities remain in place.
The purchase price was not disclosed.
"We were very pleased with the strong interest in Pacamor Kubar Bearings from highly reputable manufactures and other interested investors and received several highly competitive proposals", said Augustine Sperrazza, President and CEO of S/N Precision Enterprises, who, over forty years, developed the bearing manufacturer.
With the sale of the company, Mr. Sperrazza will retire. Sperrazza said that Osta and Angrisano are in the best position to protect and enhance the value and reputation of Pacamor Kubar Bearings (PKB).
"The future growth and expansion capabilities for this American owned and operated company have always been important considerations for us and we believe that this is the best decision for the customers, employees, and creditors", he said.
Pacamor Kubar Bearings (PKB) manufactures high performance DFARS compliant miniature and instrument ball bearings for the aerospace, defense, medical, industrial, and commercial industries. Customers include major aerospace manufacturers and key resellers as well as various national laboratories and prestigious government organizations such as the National Aeronautics and Space Administration (NASA). PKB provides these industries with precision ball bearings, including those with unique designs and materials used at sub-cryogenic temperatures.
PKB products include Full Complement Ball Bearings, Thin Section Ball Bearings, Separable Angular Contact Ball Bearings, and Nonseparable Angular Contact Bearings, Radial Ball Bearings, Cryogenic Ball Bearings, Metric Ball Bearings, FAA TSO-C149 Aircraft Bearings, and Specialty Ball Bearings. PKB ball bearings are manufactured at theISO 9001:2008 and AS9100:2009 certified factory in Troy, NY.
Pacamor Kubar Bearings is a domestic manufacturer of high precision miniature & instrument bearings and offers over 40 years of expertise in radial ball bearings. Located in Troy, NY, Pacamor Kubar Bearings is one of the few American owned and operated miniature & instrument ball bearing manufacturers.