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Rexnord adds UK’s Micro Precision to its aerospace business

26 August, 2013

The US motion control and water management specialist Rexnord has acquired the assets of Micro Precision Gear Technology, a UK-based manufacturer of precision gears and other components, for an undisclosed sum. Micro-Precision has 85 employees and annual sales worth about $14m.

Rexnord’s main interest in Micro Precision is in its products for the aerospace industry. These include precision gears and shafts, as well as core packs used for actuation, flight control and power generation applications on aircraft around the world.

“Micro Precision’s deep technical capability has allowed them to build strong partnerships with key customers on growth aerospace programs,” says Darryl Mayhorn, president of Rexnord Aerospace. “The combination of the two companies provides the ability to bring additional content to our existing aerospace customers, while building on Micro Precision’s customer relationships. Together we offer an expanded portfolio of mission-critical, highly efficient aerospace components, sub-assemblies and services.”

Micro Precision was founded by Terry Grubb in 1978 to provide precision-engineered sub-contract components to the civil, military, aerospace, motorsport, medical and commercial markets. It specialises in precision parts such as gears, rotors and actuator components.

In 2005, the business launched a component manufacturing service for precision rotating electrics components. The business assembles not only gear components but also sealed rotor core packs for electric motors and actuators, mainly for the aerospace sector.

Micro Precision specialises in manufacturing precision mechanical components

In 2011, Micro Precision opened a facility in India to produce precision components for the international market, including large volumes of routine parts.

Rexnord, whose headquarters are in Milwaukee, has two strategic platforms: process and motion control; and water management. It has about 7,300 employees worldwide and generated revenues worth around $2bn in the year to March, 2013.

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