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The eBearing News
November 17, 2003
Applied Industrial Technologies Acquires
Rodamientos y Bandas de la Laguna
copyright © 2003 eBearing Inc.
Applied Industrial Technologies (AIT, formerly Bearings Inc., USA) has acquired Rodamientos y Bandas de la
Laguna, S.A. de C.V. (Rybalsa, Mexico).
Rybalsa, founded in 1985, is a distributor of bearings, power transmission products
and hydraulic and industrial hose. The company has five locations -- Chihuahua, Ciudad Juarez,
Hermosillo, Cananea and Nacozari -- serving a wide variety of industrial customers across
northern Mexico. Privately held by Sr. Sergio Nevarez, Rodamientos y Bandas has annual sales of
approximately USD $8 million.
The locations will be rebranded to operate under the Applied Mexico name.
Todd Barlett, Vice President of Global Business Development, said, "The five Rybalsa operations, along
with our four facilities in Mexico City, Monterrey, Saltillo and Guadalajara, position us to serve
a broad cross-section of the Mexican market efficiently and effectively. Jose Manuel Bonilla, General
Director of Applied Mexico, will continue to lead our Mexican organization. Sergio Nevarez will remain with
the company as Director of Sales and Operations. Sergio will be responsible for the day-to-day
management of all nine locations."
Applied Industrial first entered the Mexican market in early 2001 with a facility in Mexico City,
jointly operated with a local company, Baleros y Herramientas de Precision. It also established
the company's new division, Applied Mexico.
• article: Applied Industrial opens first location in Mexico
Late in 2001, eBearing reported Applied Industrial acquired Baleros Industriales S.A. de C.V., a
well-known northern Mexico bearing and power transmission distributor with four locations -- Monterrey,
Saltillo, Queretaro, and Guadalajara. Founded in 1960, Baleros Industriales had annual sales
of approximately USD $6 million.
• article: Applied Industrial acquires Baleros Industriales
Applied Industrial, a major distributor of bearings and power transmission products, now has more
then 4,300 employees and 430 facilities across North America. In the most recent fiscal year, the company
had sales of almost $1.5 billion.
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- by Bruce A. Carr
from individual research,
tips and commercial sources.
Unauthorized reproduction is prohibited.
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eBearing.com ... for everything that moves™
Entire contents Copyright 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered
trademarks of eBearing Inc.
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eBearing.com ... for everything that moves™
Entire contents Copyright © 1999-2008, eBearing Inc. All rights reserved.
eBearing.com and "... for everything that moves" are registered trademarks of eBearing Inc.
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