Browse by Editorial Category
Browse by Edition Date

November 2015

Skip Navigation Links.
Expand Applying TechnologyApplying Technology
Expand Cutting Tools and AccessoriesCutting Tools and Accessories
Expand Finishing-Grinding-AbrasivesFinishing-Grinding-Abrasives
Collapse GeneralGeneral
Tsugami/Rem Sales to Host East Coast PMPA Mini Technical Conference
Hyundai WIA and New Illinois Distributor Host Open House
Sawing Systems to be Exhibited at ALUMINUM USA
Yama Seiki to Host Technical Turning Seminar November 11
Techniks to Exhibit at FABTECH
ARKU Introduces New Line of Deburring and Edge Rounding Machines at FABTECH
JMT to Unveil New High-Efficiency Fiber Laser at FABTECH
Murata Machinery to Exhibit at FABTECH
MJC Engineering & Technology to Feature Hydraulic Systems at FABTECH
BEX to Feature a Variety of Spray Nozzles at FABTECH 2015
Amada Miyachi America to Highlight LMWS Laser Marker Workstation at FABTECH 2015
Lincoln Electric to Showcase Advanced Technology at FABTECH 2015
technotrans AG to Exhibit Spray Lubrication System at FABTECH
FABTECH 2015 Registration Open
Methods to Host TechFest2015 November 4–5
Rollomatic to Hold OpenHouse 2015
Massachusetts Governor Baker Visits Adcole Corporation
Expanded R&D Center to Deepen Additive Manufacturing Capabilities
CNC Gantry Machines Offered by Arthur Machinery
Sawing Systems to be Exhibited
Mid-Size Diameter Workholding Chucks
Central Tube and Bar Opens Expanded Facility in Tulsa
Cline Tool Opens Three Locations in 2015
Expanded Double Column Bridge Mills
Predictive Computing Monitors Saw Blades
DMG MORI USA Launches Customer-Centric Sales and Service Model
Doosan Infracore America and Ellison Technologies, Inc. Announce New Distribution Agreement
Fives Reinforces its Offer to the Aerospace Industry with the Acquisition of Lund Engineering
Flow Waterjet Opens Waterjet Applications and Training Facility
Georgia Northwestern Technical College Machine Tool Technology Program Earn Accreditation from NIMS
Gates EL Breaks Ground for New Facility
Harvey Tool Acquires Helical Solutions
Hurco Distributors Win Awards at National Meeting
Midwest Distributors Sweep Awards at Hurco National Meeting
Brooks Associates Wins Top Five Award at Hurco National Meeting
Tennessee Distributor ACI Wins Top 5 Award at Hurco National Meeting
Southwest Distributors Win Awards at Hurco National Meeting
Hyundai WIA and New Illinois Distributor Host Open House
The IMTS Show 2016 Expands Its Offerings
EDM Technology Displayed to Dealer Network
Mazak Announces Distributor Update for Kansas and Western Missouri
Methods to Host TechFest2015 November 4-5
Microscan Announces Acquisition of Label Vision Systems
Fiber Laser to be on Display
NCSIMUL SOLUTIONS Interface Now Available on the Machining Cloud
Partnerships will Prepare More Students and Workers for Success
Thermal Spray Plasma Controller
Okuma and Sandvik to Host Aerospace Learning and Manufacturing Event
Intelligent Technology for CNC Machining
PADT Acquires Stratasys Reselling Business of CADCAM Systems
Patti Engineering Achieves FANUC ASI Status
Penn Stainless Products' Western Pennsylvania Facility Nearly Complete
PIP Expands Domestic Manufacturing Facility
Performance Racing Industry Trade Show 2015
Renishaw Appoints MillenniTEK as U.S. Reseller
Renishaw Breaks Ground for New Facility
Richland College Launches NIMS Accreditation Initiative
C-Frame Fixture with Large Valve Clamping Capability
Installation of Additional Presses in Midwest Region
Additive Manufacturing Machines and Materials Added to Online Database
Stratasys Announces New Reseller Allegheny Machine Tool
SURFCAM Offers New West Coast Training Site
Machine-Ready Manifold Blanks
New Features for Metalcutting Modeling Product
Custom All-Electric Tube Bender Accelerates Production
Workshops for Warriors Awarded $75,000 Grant by JPMorgan Chase & Co.
Mill-Turn Larger Diameter Bars
Expand MaterialHandling-AGVs-Storage-InvCtrlMaterialHandling-AGVs-Storage-InvCtrl
Expand People In The NewsPeople In The News

show all editions →

Click here to watch Tutorial Videos >

Fives Reinforces its Offer to the Aerospace Industry with the Acquisition of Lund Engineering



With the acquisition of Lund Engineering, Fives is expanding its automation offering for composite parts manufacturing.

Founded in 1995 and based in Seattle, WA, Lund Engineering is an engineering firm known for designing and building electro-mechanical equipment for the manufacturing of composite aerospace structures and components.

The company currently employs 64 people, including 41 engineers. Its technical expertise and the partnership-based approach Lund Engineering adopts with its customers enables Lund Engineering to develop very technologically advanced solutions and systems.

"For the last three years Lund Engineering has had an average turnover of around $30 million. There is major growth potential for the company due to the expanding use of composite materials in the aerospace industry, as well as in other sectors such as renewable energy and bio-medical. By joining Fives, Lund Engineering is teaming up with a strong industrial group with global reach and will, in due course, be able to expand its field of business," said a company spokesperson.

With this acquisition, Fives continues to develop its offer of solutions for processing composite materials for the aerospace industry:

  • The two companies' equipment ranges are highly complementary: Fives, with its Cincinnati and Forest-Liné brands, already offers machine tools for composite processing. Lund Engineering chiefly designs machines for its customers' specific use and application.
  • Lund Engineering's expertise also extends to designing and engineering peripheral equipment (forming, bonding, joining, non-destructive testing equipment, etc.) and to integrating process equipment into a complete line, with associated automation.

"With Lund Engineering, Fives continues to expand in the aerospace industry, an area of high added value, acquiring a designer and supplier of advanced technology and innovative equipment," said Frédéric Sanchez, Chairman of the Executive Board of Fives.

Erik Lund, the current CEO and majority shareholder, will continue to manage the company and remain involved in its development through a minority holding in Lund Engineering's capital.

For more information contact:

Fives

7605 Discovery Lane

Concord, OH 44077

440-709-0748

www.fivesgroup.com

< back

Email   email