The Timken Company has reached an agreement to acquire Engineered Solutions Group (a.k.a. Innovative Mechanical Solutions or iMECH), based in Houston, Texas. iMECH manufactures thrust bearings, radial bearings, specialty coatings and other components primarily used in the energy industry. The business employs approximately 70 people and projects revenue of approximately $30 million for calendar year 2023.  

Solve Industrial Motion Group has acquired SST Bearing Corporation (“SST Bearings”), a worldwide supplier and manufacturer of bearings and power transmission components.