Waukesha Bearings acquires Inpro/Seal
Founder Orlowski calls sale "best strategic fit"
Waukesha Bearings, an operating company of Dover Corporation acquired bearing isolator manufacturer Inpro/Seal Company on Dec. 30, 2009. Inpro/Seal is based in Rock Island, IL.
"After much consideration, I felt Waukesha Bearings was the best strategic fit for Inpro/Seal. As leaders in our respective markets, Waukesha and Inpro/Seal share similar value propositions of delivering premium technology and superior service to our customers," said Inpro/Seal founder David Orlowski.
The acquisition of Inpro/Seal adds adjacent product lines to Waukesha's market-leading bearing solutions for oil & gas and power generation markets. The Inpro/Seal brand has been highly successful in North America, and the addition of Waukesha's global footprint provides opportunities for growth internationally.
Waukesha Bearings is a leading designer and manufacturer of engineered hydrodynamic and magnetic bearings for high-performing machines in oil & gas, power generation, marine and industrial markets. Typical applications include gas, steam and hydro turbines, centrifugal gas compressors, gearboxes, pumps and motors.
Founded in 1946, Waukesha has been an operating company of Dover since 1977. Headquartered in Pewaukee, WI, Waukesha has facilities in the U.S., U.K., Mexico, Russia, India and Japan, and localized sales representation around the world.
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Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey