United Stars Acquires GearTec

United Stars, Inc. has announced the acquisition of GearTec, Inc. of Willoughby, OH. GearTec planted its 115-year-old roots in the gear-making shop of a Cleveland manufacturer. The shop was later purchased by the management team and incorporated in 1997 as the independent company GearTec.

GearTec specializes in the custom fabrication of a wide range of short-run gears up to 100 inches in diameter. Gear types include helical, double-helical, herringbone, worm and internal. They are hobbed, shaped, milled and ground to AGMA Class 8 or better standards. These products are marketed to the wind power, offshore drilling, tunnel boring, OEM, steel, crane and related industries for incorporation into a wide range of products.

United Stars, the new owner of GearTec, also owns United Gear & Assembly, another distinguished, long-time manufacturer of medium to high volume, smaller sized gears used in construction equipment, agriculture, transportation, engines, transmissions, and hydraulic pump and motor applications.

Rich VanLanen, President of United Stars, said, "GearTec is a highly respected company with a strong reputation for excellence in very large and precise custom gears for a unique group of end users. Having both GearTec and United Gear & Assembly on the same team gives us a powerful one-two punch in the gear-making arena. It is a very exciting time for the United Stars group of companies."

GearTec is also excited about the new acquisition and alignment with United Stars and United Gear & Assembly. "Additional capital and operating support will enable us to take advantage of growth opportunities now and in the coming years," said John Grazia, President of GearTec. "At the same time, our products complement the quality product lines offered by United Gear & Assembly, which enables us to jointly satisfy a total range of gearing needs."

In addition to United Gear & Assembly and the new GearTec acquisition, United Stars is also the parent company of The Electric Materials Company, a fully integrated manufacturer of copper components and United Industries and United Stainless, manufacturers of stainless steel tubing. United Stars is a growing company. The company's acquisition of GearTec reinforces the company's commitment to providing a full range of gear manufacturing services to a variety of markets, the company said.

For more information contact:

Richard D. Van Lanen

President & COO

United Stars, Inc.

1546 Henry Avenue

Beloit, Wisconsin 53511-3668

608-368-4625

Fax: 608-365-1386

www.ustars.com

E-mail: rvanlan@ustars.com

 

GearTec

4245 Hamann Parkway

Willoughby, OH 44094

440-953-3900

Fax: 440-953-3906

www.geartec.com