NHBB: Japanese Company to Acquire 50-Year-Old Indiana Manufacturer

The Japan-based parent of New Hampshire Ball Bearings Inc. has announced the acquisition of C&A Tool Engineering Inc. in Churubusco. Under terms of the deal, MinebeaMitsumi Inc. will own 51 percent of the longtime Whitley County precision metal processor and the Development Bank of Japan will own 49 percent. C&A's products are used in the medical, aerospace, industrial and fuel systems fields. The company will become part of the NHBB/myonic Business Unit.