Solve Industrial Motion Group Acquires B&B Manufacturing
Solve Industrial Motion Group has announced its acquisition of B&B Manufacturing, ("B&B") a US manufacturer of power transmission and precision mechanical components.
B&B, in business for over 27 years, consists of five locations, and is headquartered in La Porte, Indiana. B&B is North America's largest synchronous drive pulley manufacturer, specializing in synchronous drive solutions. B&B products include timing pulleys, synchronous belts, v-belt sheaves, taper bushings, idlers, and roller chain sprocket. B&B also brings with it two recent acquisitions, Diversified Specialties and JJC Associates.
"The B&B acquisition greatly expands Solve's domestic manufacturing capabilities and allows us to be a full spectrum provider of drive train solutions," said Ernie Lauber, CEO of Solve (pictured above). "Our customers will greatly benefit from B&B's domestic manufacturing, which enables faster lead times and significant made-to-order capabilities. "
"I am very excited for the opportunity this brings to B&B," said Bob Hamilton, founder of B&B Manufacturing. "Solve has built a great platform, and I am looking forward to seeing how we can accelerate growth together."
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