United Stars Acquires Precision Gears To Further Expand Gear Offerings

BELOIT, Wis., Oct. 24, 2018 /PRNewswire/ -- United Stars, Inc. (www.ustars.com) is pleased to announce it has acquired Precision Gears, Inc. (www.precisiongears.com), a nearly 100-year old leading producer of custom gears for agriculture, food equipment, power transmission and industrial applications, based in Pewaukee, WI.  The transaction represents another in a long series of similar acquisitions for United Stars over the past three decades, with each of its subsidiaries serving a range of end markets and their blue-chip OEM and Tier 1 customers with precision engineered metal products at the highest quality levels.  

"Precision Gears is an excellent addition to the United Stars family in a number of ways," comments Richard Van Lanen, President/COO of United Stars, Inc.  "Not only does it extend our gear manufacturing capabilities and applications footprint, it also offers great synergies with our other businesses for certain key customers and end markets. Above all else, Precision Gears is known for their outstanding quality and overall customer centric approach, which makes them a perfect fit with the rest of our portfolio.  We are very excited about their future potential and look forward to leveraging United Stars extensive corporate resources to help fuel their growth."

Precision Gears becomes United Stars 3^rd gear manufacturer, joining United Gear & Assembly (Hudson, WI) acquired in 1996 and Gear Tec (Willoughby, OH) acquired in 2007.   Similar to UGA and Gear Tec, United Stars plans to further extend and enhance Precision Gears capabilities through select gear manufacturing equipment investments which complement its skilled workforce.  

United Stars will continue to seek out and acquire other leading small to mid-size manufacturers like Precision Gears and develop its portfolio of value-based, engineered product solutions for its fast expanding global customer base.

About Precision Gears, Inc.

Founded in 1919, Precision Gears, Inc. is a family-owned custom gear manufacturing company specializing in worms, worm gears, spur gears and helical gears. They produce a wide range of short and long run, high quality precision gears, parts and assemblies for commercial and industrial applications worldwide.

With a state-of-the-art, 67,000 sq ft facility located west of Milwaukee, WI, Precision Gears manufactures gears of all shapes and sizes cut from many different kinds of materials including steel, brass, bronze and others. Extensive in-house capabilities include turning, milling, gear hobbing, gear shaping, gear shaving, gear grinding, broaching, thread milling, thread grinding and assembly.

Known as a supplier that is easy to work with, Precision Gears takes great pride in the experience and dedication of its workforce. Their employees have an average of 13+ years experience, with many having 20 to 30 years of dedicated service. Former owners Eric and Carl Geraldson will continue on with the company in leadership roles.

About United Stars, Inc.

Headquartered in Beloit (WI), family-owned United Stars, Inc. and its subsidiaries (United Industries, Electric Materials Co, United Gear & Assembly, Gear Tec, Waukesha Foundry, Line Craft Inc.)  manufactures a wide variety of precision engineered metal products.  These includes stainless steel welded tubing, industrial gears and shafts, electrical copper components, stainless steel and high-alloy castings, and  fine-finish precision machined products for a broad-based mix of end markets and industrial applications, including the automotive, food processing, pharmaceutical, chemical/petro-chemical, transportation, electrical equipment, power generation industries.  United Stars is a best-in-class precision metal products manufacturer that maintains an excellent reputation with its customers, which consist of industry leading OEMs and Tier 1 suppliers in diverse end markets. 

SOURCE United Stars, Inc.

Related Links

http://ustars.com