Jenkins Electric Acquires Wheeler Bearing Company
October 5, 2022
Charlotte-based Jenkins Electric has acquired Wheeler Bearing Company, a sleeve and fluid film bearing manufacturer in North Charleston, South Carolina. The purchase expands Jenkins’ industrial motor parts, precision manufacturing and rebabbitting capabilities while retaining Wheeler’s technical and customer-service team at the North Charleston facility.
- Buyers
- Jenkins Electric Company
- Targets
- Wheeler Bearing Company
- Industry
- Manufacturing
- Location
- South Carolina, United States
- Transaction Type
- Buyout
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