To expand its presence in the aerospace sector, US bearing manufacturer Timken has acquired the assets of Alcor Engine Company and its affiliate Advance Repair Technologies.
Alcor is a producer of direct replacement parts for gas turbine engines and components used in the aviation industry.
The company introduced identical replacement parts for the Rolls-Royce A250 in 1997 and since then has expanded the business to produce parts for two other engine lines – the Honeywell T53 and G.E. T58/CT58 engines.
Located in Gilbert, AZ, Alcor also manufactures and repairs a range of components used in turbine engine power plants. In addition, the company provides specialised repair and restoration services through its proprietary technologies.
It currently employs 22 aviation-trained and qualified specialists.
The newly formed subsidiary is called Timken Alcor Aerospace Technologies, Inc. It will continue to operate under existing leadership at its current location as part of Timken Aerospace.
Terms of the deal were not disclosed.