Merit Gear sold to Rexnord, $78 million

Merit Gear, one of Antigo’s most durable industries, has been purchased by Milwaukee-based Rexnord Corp. The deal, announced by Rexnord on Tuesday, includes Precision Gear Holdings, LLC and its two operating subsidiaries, Merit Gear and Precision Gear LLC, located in Twinsburg, Ohio. Full story: Antigo Daily Journal

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