Helix Linear Technologies, a global leader in linear motion technologies, today completed the acquisition of the Small Diameter PowerACTM Acme Screw product line (< 5/8” diameter) from its affiliate Nook Industries, Inc. - also a leader in the linear motion industry. The acquisition complements a robust lead screw and linear actuator product offering from Helix and will offer customers a complete source for all of their lead screw and acme screw products.
“This is an exciting addition to our product line and we look forward to working with many new customers at Helix.” said Christopher Nook Chief Executive officer at Helix. “Many of these new customers are relationships that are quite familiar to me from my previous role as CEO at Nook Industries.”
The PowerACTM acme screw product line was created in 1969 by Joseph H. Nook Jr. founder of both Helix Linear and Nook Industries. “This is a great fit for Helix and a change that we have planned for several years,” said Joseph H. Nook Jr. Chairman of Nook Industries and Helix. “This change allows the two companies to focus on serving customers with their respective core strengths.”