Partnership will increase capabilities and market diversity De Pere, WI – On December 28, 2012, The C.A. Lawton Co. (Calco) formed a joint venture with Centerline Machining & Grinding Inc. This new partnership between two Green Bay, WI, area businesses, to be known as Centerline Machining & Grinding, LLC (Centerline), consists of Centerline’s assets and operations, as well as contributions of capital and equipment from Calco.
It will allow the companies to market the capabilities of both businesses to their distinctive sets of existing customers, as well as plan and invest together in new projects and capabilities. The joint venture increases the customer base and market reach for both companies.
“We are very excited to be joining forces with Centerline. One of Calco’s strategic objectives is to increase the number of machined components we provide. This will enhance our ability to increase production in our foundry,” said Alex Lawton, Calco’s CEO.
The relationship allows the current owners and managers at Centerline to continue their success in directing day-to-day operations. The limited overlap in capabilities creates an opportunity for future investments in new machines to increase capacity and flexibility, allowing the shops to jointly manage workloads and capitalize on new opportunities.
The partnership with Centerline improves Calco’s ability to meet an increasing demand for machined components in markets including mining, oil & gas, and agriculture.“This is not a wholly owned subsidiary or ‘plant 2’ for Calco, but a partnership with a distinct
operation and its own identity, ownership structure, management, and so on. We’ll sell together, invest together, and over time look for opportunities to make both sides stronger.
It fits nicely between our own onsite shop and our key external sourcing partners. As we continually increase the percentage of castings that we sell machined versus raw, Centerline will play a critical role in that growth,” added Lawton.
About The C.A. Lawton Co.
The C.A. Lawton Co. is ISO 9001:2008 certified and has well over a century of experience as a leading manufacturer of industrial components, employing approximately 150 people between two facilities in De Pere, WI. Its integrated business includes patternmaking, casting, and machining capabilities. The C.A. Lawton Co. provides large iron castings and machining to domestic manufacturers in the HVAC, municipal pump and valve, oil & gas, mining, and power generation industries. Its customers include General Electric, IR/Trane, Metso, and Siemens.
Sourced from calawton.com
