Bearings Specialty Acquires Machine Parts Corp.

Bearings Specialty Company, Canton, MA, has purchased Machine Parts Corp., Providence, RI, and Machine Drives, Hartford, CT. Machine Parts and Machine Drives will operate as divions of Bearings Specialty Company.

Bearings Specialty has six branches servicing all of the New England states.

Machine Parts and Machine Drives was founded in 1929 as an independent distributor of Power Transmission equipment. In 1972, a division was created to engineer and build custom electrical control panels and systems that include motion control, data acquisition process control and PLC components.

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