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Kaman announces intent to expand its GRW precision bearings operations

Kaman Corp. announced today that it has secured land in Wurzburg, Germany on which it will build a new facility to support the expansion of Gebr. Reinfurt GmbH & Co. KG ("GRW"), one of the Company's precision bearings operations focused on miniature bearings for the medical, aerospace, and industrial end markets.

The Company currently estimates it will spend $10.0 million on the build out and expects to break ground in 2020 with the new facility opening in 2022.

"We have seen strong growth in our business since the acquisition by Kaman and we are pleased that this expansion will allow us to continue to meet the increasing demand we see from our customers. Additionally, we are investing in our local community, with the new state of the art facility located only a few miles from our current operations allowing us to retain the skilled workforce we have developed over the years", said Michael Wilhelm, Executive Managing Director, Gebr. Reinfurt GmbH & Co. KG.

"The work Michael and his team have done at GRW over the last few years has been outstanding and we are proud to support their continued growth with the expansion of their operations in Germany. With the completion of this expansion, we will have upgraded facilities and increased capacity at all of our Specialty Bearings and Engineered Products locations around the globe. This is in response to the strong demand we have seen from our customers and the continued growth we expect in the future", stated Robert Paterson, President, Kaman Specialty Bearings and Engineered Products.

Press release issued by Kaman Aerospace Aerostructures on July 30, 2019

 

 Contact details from our directory:
Kaman Aerospace Aerostructures Metal & Alloy Fabrications, Aircraft Control Surfaces, Fuselage Sections, Aircraft Structural Components, Winglets
GRW Gebr. Reinfurt GmbH & Co. KG Ball Bearings, Precision Bearings

 

 Related directory sectors:
Structural Components

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