RBC Bearings Inc (RBC) designs, manufactures and markets bearing products. The company offered industrial and aerospace bearings. Its industrial product portfolio includes ball bearings, cam followers, collets and tool holders, pins, rollers, shafts, rod ends, heavy-duty needle roller bearings, self-lubricating bearings, slewing ring bearings and spherical plain bearings, among others. RBC Bearings aerospace products comprise airframe control ball bearings, ball bearing rod ends, airframe control needle track rollers, stud-type track roller bearings, and others. Its products find its applications across various industries including aerospace and defense, construction, energy, mining, recreational vehicles, rotorcraft, robotics and automation markets. RBC Bearings is headquartered in Oxford, Connecticut, the US.
Headquarters
United States of America
Address
One Tribology Center, Oxford, Connecticut, 06478
Website
www.rbcbearings.com
Telephone
1 203 2677001
No of Employees
3,670
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
RBC (NYSE)
Revenue (2023)
$1.5B
54.8%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
-39.3%
(2023 vs 2022)
Market Cap*
$7.1B
Net Profit Margin (2023)
XYZ
95.7%
(2023 vs 2022)
* As of and is in US$
RBC Bearings Inc premium industry data and analytics
Products and Services
| Products |
|---|
| Industrial: |
| Airframe Control Ball Bearings |
| Airframe Control Needle Track Rollers |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In August, the company acquired Specline for US$18.7 million. |
| 2021 | Acquisitions/Mergers/Takeovers | In November, the company acquired mechanical power transmission division, Dodge from ABB, a Swedish-Swiss technology company for US$2.9 billion. |
| 2015 | Acquisitions/Mergers/Takeovers | In April, Dover completed the sale of its Sargent Aerospace & Defense unit to RBC Bearings Incorporated for US$500 million. |
Competitor Comparison
| Key Parameters | RBC Bearings Inc | AAR Corp | Cognex Corp | Kaman Corp | MTS Systems Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Oxford | Wood Dale | Natick | Bloomfield | Eden Prairie |
| State/Province | Connecticut | Illinois | Massachusetts | Connecticut | Minnesota |
| No. of Employees | 3,670 | 5,000 | 2,441 | 3,063 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Michael J. Hartnett | President; Chief Executive Officer; Chairman | Executive Board | 1993 | 78 |
| Daniel A. Bergeron | Vice President; Chief Operating Officer; Director | Executive Board | 2017 | 63 |
| Robert M. Sullivan | Chief Financial Officer; Vice President | Senior Management | 2020 | 39 |
| Patrick S. Bannon | Vice President; General Manager | Senior Management | 2017 | 58 |
| John J. Feeney | General Counsel; Vice President; Secretary | Senior Management | 2020 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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