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16th June 2005 - Corsteel Hydraulics Announces Acquisition of Lindgren Automation We are pleased to announce that effective June 2004, Corsteel Hydraulics was successful in the acquisition of Lindgren Automation Corporation. We are pleased to welcome Lindgren Automation into Corsteel’s family of leading manufacturing companies. Lindgren’s excellent performance and established leadership in strategic markets will enhance our product offering by allowing us to better service our customer needs via a larger breadth of engineered specialty machinery. Our top priority will be to serve our customers while keeping the strong operating performance of the business intact. Lindgren Automation is a supplier of high quality automated manufacturing machines with unique solutions for manufacturing, especially for the automotive industry. Lindgren Automation was established in 1991 and is a full in house manufacturer of machinery. Mechanical and electrical engineering, fabrication, machining, panel building, assembly and startup are provided by Lindgren. Lindgren provides many types of automated equipment, including pallet assembly, weld assembly, material handling, rack handling, coil processing and specialty systems. As a multimillion-dollar manufacturer of custom built machinery, Corsteel Hydraulics is a world leading manufacturer of hydraulic presses, providing full design, engineering and manufacturing for a wide variety of industrial applications. This new partnership further reflects our continued efforts to bring all machinery solutions to our customers. To all the existing valued customer that currently use Lindgren products, we would like to assure you that we have on file all past project histories and are confident that the supply of service and spare parts is immediately available. We are now in a position to offer you further products and quote on any of your immediate and future machine requirements. For more information, visit Lindgren’s web site at www.lindgrenautomation.com. Please visit Corsteel Hydraulics on ifriction.com at: Corsteel Hydraulics, or visit their website at: www.corsteel.com Source: Corsteel Hydraulics Press Release |