Date: 2013-08-01

Applied Industrial acquires assets of UZ Engineered from State Industrial Products

Applied Industrial Technologies, Inc., a distributor of bearings, power transmission components, and fluid power components and systems, has acquired the assets of UZ Engineered Products, Inc. from State Industrial Products Corporation (SIPC).

SIPC is a manufacturer and distributor of industrial products, while UZ Engineered is a distributor of products for maintenance, repair and operational needs. All the entities are based in the US.

Deal Type Acquisition

Sub-Category Asset Purchase

Deal Status Completed: 2010-08-02

Deal Participants

Target (Company) UZ Engineered Products, Inc. - Assets

Acquirer (Company) Applied Industrial Technologies, Inc.

Vendor (Company) State Industrial Products, Inc.

Deal Rationale

UZ Engineered's product mix and geographic coverage will enhance Applied Industrial's existing support for the government business sector. The deal will expand Applied Industrial's reach across North America.

For full details on Applied Industrial Tech (AIT) AIT. Applied Industrial Tech (AIT) has Short Term PowerRatings at TradingMarkets. Details on Applied Industrial Tech (AIT) Short Term PowerRatings is available at This Link.

Previous: ZKL Group Has Became a Certified Supplier of AESA Company (Pic)
Next: SKF Tools Extend Bearing and Shaft Life in Pumps

Hot Products:

Product Model	Inside Diameter	Outside Diameter	Thickness
602 KOYO	2	7	2.8
ML2007 KOYO	2	7	2.5

【TradeBearings News Statement】

1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"TradeBearings".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.