Venturedyne acquires Lakewood Fab Tech
US firm Venturedyne, a holding company that owns Thermotron Industries, a North American manufacturer of test chambers and vibration test systems used to simulate harsh environments, has acquired metal laser cutting provider Lakewood Fab Tech, based in Holland, Michigan.
Located across the road from Thermotron Industries, the acquisition of Lakewood Fab Tech will enable Venturedyne to increase Thermotron’s capacity from an ideal position.
‘The additional capacity Lakewood Fab Tech provides will help Thermotron reach a significant number of growth goals in the coming months and years,’ stated Clint Peterson, president of Thermotron Industries. ‘We’re excited about the opportunities this acquisition presents,’
Up until now, Lakewood Fab Tech has specialised in the manufacturing of machines, subassemblies, and parts for food processing, material handling, and automated assembly. The firm has significant skills and experience in laser cutting, metal forming, deburring and finishing, CNC machining, welding and passivation, assembly of stainless steel, and powder coating.
‘It seems we are well positioned to integrate our full capabilities with the Thermotron product line,' commented Mike Miedema, former owner of Lakewood Fab Tech, now transition leader between Thermotron Industries and Lakewood Fab Tech. 'Additionally, I believe it will allow our team members to connect with a product versus the build-to-print work that had been our focus,’
Lakewood Fab Tech has worked with Thermotron before, providing sheet metal fabrication and welding services. Recently, however, they have taken on a more significant role by aiding in the manufacturing of sheet metal for a significant number of environmental test chambers.