Gleason Corporation has acquired the assets and business of K2 Plastics, Inc., a leading producer of precision plastic gears and other complex plastic parts. K2’s products are sold to a diverse set of markets including electronics, medical equipment, power and air tools, and others, using its “no weld-line technology” to achieve superior strength and accuracy for its plastic injection molded parts. K2 also provides comprehensive engineering consultation from design to material selection to prototyping.
“We are pleased and excited to have K2 Plastics join our company,” according to John J. Perrotti, president and CEO of Gleason Corporation. “Both companies are technology leaders within the gear industry and we believe that benefits from the synergies between the two companies will allow each to extend their market reach.”
Gleason will retain K2 Plastic’s existing management team, and Gleason’s newly formed Gleason-K2 Plastics Division will continue to operate at K2 Plastic’s current manufacturing facility in Bergen, New York.
Gleason Corporation’s mission is to be The Total Gear Solutions Provider™ to its global customer base. Gleason is a world leader in the development, manufacture, and sale of gear production machinery and related equipment. The company’s products are used by customers in automotive, truck, aircraft, agriculture, mining, wind power, construction, power tool, and marine industries, and by a diverse set of customers serving various industrial equipment markets. Gleason has manufacturing operations in Rochester, New York; Rockford, Illinois; Dayton, Ohio; Munich and Ludwigsburg, Germany; Studen, Switzerland; Bangalore, India; and Suzhou, China. It has sales and service offices throughout North and South America, Europe, and in the Asia-Pacific region. More information is available at [www.gleason.com].
