The property, situated at 2401 E. 16th St., has been bought byGrace Manufacturing, a Russellville precision machine parts firmlooking to expand operations. The firm supplies critical parts forthe computer peripheral market.

Amarillo Gear, founded in 1917, manufactures right-angle geardrives and transmission boxes for a wide range of buyers, includingoff-highway and mining equipment. It is a member of the MarmonGroup of companies, an international association of more than 60independent manufacturing and service businesses with annual salesin excess of $6 billion.

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