Bobker Bearings Completes Acquisition of Bobker Bearing Co., LLC

May 30, 2000, 01:00 ET from Bobker Bearings

    CARLSTADT, N.J., May 30 /PRNewswire/ -- Bobker Bearings, a regional
 distributor of industrial products, has completed the acquisition of Bobker
 Bearing Co., LLC of Fairfield, NJ.  The acquisition provides Bobker Bearings
 with the addition of three service branches located in Fairfield, NJ, Edison,
 NJ, and Easton, PA.  The three branches will be merged and operated under
 Bobker Bearings.
     The two companies operated as separate entities since 1946, when at that
 time there were two locations located in Newark, NJ and Jersey City, NJ.
 Since the separation there has been a geographical 'no-compete' clause.
 "We are so enthusiastic to bring these two organizations back together, since
 separating over 50 years ago," said Dennis Bobker, president of Bobker
 Bearings.  "There are remarkable opportunities for our organization in the
 state of New Jersey and the Lehigh Valley area of Pennsylvania, which we will
 now be servicing."
     Bobker Bearings was founded in 1931 in Newark, NJ and was a distributor of
 replacement bearings.  Today, the company employs over 90 people, throughout
 15 service centers in 7 states.  The Company distributes industrial products,
 including bearings and seals, linear motion products, mechanical drive
 products, electrical drive products, material handling products, chemical
 maintenance products, and fluid power components.  The Company recently
 acquired Eifler Electric, which is a full service repair facility of gearboxes
 and electric motors.  Additionally, the Company provides engineering and
 turn-key solutions through its Bobker Integrated Technology Services Division.
     CONTACT:  Adam Bobker, Director of Sales & Marketing of Bobker Bearings,
 201-935-6210, or fax, 201-842-0925, or
     This release was issued through - Your Business Workshop.
 More information on may be found at .

SOURCE Bobker Bearings