Bearings Ltd. (USA) has reportedly acquired a new warehouse and surrounding land.

The 140,000 square foot warehouse is located on 7.1 acres in Hauppauge Industrial Park, just across the LIE from its current New York headquarters location.

Total value of the transaction was in the neighborhood of USD $15 million.

The Long Island warehouse adds to Bearings Ltd's eight locations across the United States -- Atlanta, GA; Chicago, IL; Columbus, OH; Dallas, TX; Houston, TX; Los Angeles, CA; Totowa, NJ; and Hauppauge, NY.