Precision bearings and components maker RBC Bearings reported a 5.4 percent increase in its fiscal third-quarter profits, buoyed by its aerospace and defense segment as well as two 2013 acquisitions.
Oxford's RBC Bearings Inc. says it paid about $2.6 million for a California maker of precision gears and parts sold to aerospace and industrial markets.
Oxford's RBC Bearings Inc. is shutting later this month its Houston production plant and shifting large-bearings production to its South Carolina plant, among others.
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