Coltec acquires remaining 20% of Garlock Bearings
Coltec Industries Inc., Charlotte, N.C., acquired the remaining 20% of Garlock Bearings that it did not previously own from Federal-Mogul Corp. Coltec, announcing the move, said it has owned 80% of Garlock since 1976. Garlock, Thorofare, N.J., makes self-lubricating bearings and has sales of about...
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