Racine-based R&B Grinding Co. acquired by Texas private equity firm

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Racine-based R&B Grinding, LLC has been acquired by Willis & Smith Capital, a Plano, Texas-based private equity firm. The transaction closed on Feb. 1. Terms of the deal were not disclosed. R&B Grinding Co., Inc. is a leading manufacturer of machined components to a variety of industrial customers, including Fortune 500 original equipment manufacturers. The

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