Ingersoll-Rand Purchases Fafnir Bearing Division

—Literature Available Ingersoll-Rand Company has purchased Fafnir Bearing Division of Textron, Inc., and has merged the ball bearing manufacturer with The Torrington Company, a wholly owned subsidiary.

"This merger broadens the combined company's bearing product lines, strengthens our technology base and enhances our competitive position in global markets," said Thomas E. Bennett, president of Torrington.

In addition, Mr. Bennett announced that Harold M. Brodsky would remain to direct Fafnir's operations as a division of Torrington.

With the addition of Fafnir, Torrington becomes one of the largest broadline bearing manufacturers in the U.S., and fifth largest bearing supplier in the world.

Torrington, one of the world's largest needle bearings suppliers, serves a wide variety of markets, including automotive, consumer durables, oilfield and off-highway equipment, and metal and paper mills.

Fafnir, on the other hand, manufactures and sells precision ball bearings used in aerospace, machine tool, industrial and agricultural markets.

For complete detailed literature on Torrington, Circle 44 on Reader Service Card

Maritime Reporter Magazine, page 17, Jan 15, 1986

Read Ingersoll-Rand Purchases Fafnir Bearing Division in Pdf, Flash or Html5 edition of January 15, 1986 Maritime Reporter

Other stories from January 15, 1986 issue

Content

Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.