DC Products Group acquires RAE Corp.
McHENRY – Bluffton Motor Works affiliate DC Products Group has acquired McHenry-based motor maker RAE Corp.
Terms of the deal weren’t disclosed.
Bluffton, Indiana-based Bluffton Motor Works said in a news release Tuesday that the acquisition “will strengthen RAE’s position in the fractional DC motor and gearmotor markets by enhancing lean manufacturing practices, utilizing Six Sigma tools and introducing manufacturing flow improvements.” The Indiana company also said the deal “complements the Bluffton line of industrial and commercial grade AC motors, gearmotors and speed reducers.”
“We are excited by having the RAE team in the Bluffton family,” Bluffton Motors Works President David Nussear said in a statement. “They provide excellent engineering, product designs, manufacturing, customer service and are a good fit with the Bluffton organization. This synergy between the companies will enable our mutual customers to benefit from a wide selection of value-added products from a single source.”
Founded in 1946, RAE Corp., 4615 W. Prime Parkway, makes permanent magnet brush type fractional horsepower DC motors, gearmotors and motor controls. It also makes wound field motors that can be customized, according to its website. RAE Corp. has about 35 employees, said media spokesman Roy Harry.
He said the deal made sense because the two companies serve the same industries but don’t make competing products. He said he didn’t think any layoffs were expected as a result of the acquisition.