Timken
has acquired
Bearing Inspection, Inc(Bii), an independent provider of aerospace bearing inspection and reconditioning services. Terms of the acquisition, which Timken expects to be accretive during the first year of ownership, were not disclosed.
Bii will continue to operate under existing management at its current location in Los Alamitos, California, as part of Timken Aerospace Services. It will become Timken's headquarters for these services, consolidating existing repair operations under the unit's leadership.
The new unit will incorporate Bii's 80,000 square-foot repair station, certified by the Federal Aviation Administration and several foreign aviation authorities, and will continue to support leading air carriers, engine-overhaul facilities, military organisations and engine manufacturers serving both the aviation and aero-derivative markets worldwide.
Bii, which celebrated its 50th anniversary this year and has 120 employees, was responsible for establishing commercial and technical acceptance of bearing reconditioning in aerospace engine overhaul programs.
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