Rbc Bearings Incorporated News

RBC Bearings Incorporated, an international manufacturer of highly-engineered precision plain, roller and ball bearings for the industrial, defense and aerospace industries, announced that it has completed the sale of its Nice Bearings facility located in Kulpsville, Penn. The asset was sold to Corvest Realty Group, Inc. The company will realize approximately $3.5m in net proceeds from the sale and a gain of approximately $800,000 before taxes. Bearings consolidation," said Dr. Michael J. President and Chief Executive Officer. facility to other RBC locations.