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A $24.2 million all-cash acquisition placed PSC Couplings, LLC inside RBC Bearings Incorporated (NYSE: RBC), with Dodge Industrial, Inc., an RBC subsidiary, named as the buyer of PSC's business assets, the company disclosed in an 8-K on Aug.
PSC, headquartered in Richfield, Wisconsin, had approximately $15.1 million in net sales for the 12 months preceding the close, the filing shows.
PSC Couplings: products and market PSC Couplings manufactures disc coupling solutions.
Its range spans standard and custom disc couplings for industrial customers in applications requiring high reliability and performance, the press release filed as Exhibit 99.1 shows.
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