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Engel Industries Acquires Lion Machinery

Engel Industries Acquires Lion Machinery

Wednesday, December 29, 2004
 
The Formtek Group of companies, Itasca, IL, which includes Engel Industries, St. Louis, MO, announced that Engel has acquired the operating assets of Lion Machinery, Pacific, MO. Engel offers HVAC duct-forming equipment and general fabricating and rollforming equipment. Lion also produces metalforming equipment for HVAC and general fabrication applications, including cleat and cheek benders and cleat folders. Lion operations and key employees have been relocated to Engel’s facility. In related news, Formtek announced that Engel seeks to move from its current 42,400-sq.-ft. facility to a larger facility with at least 60,000 sq. ft. of manufacturing space, expandable to 150,000 sq. ft., with 20-ft.-high ceilings, 40- to 45-ft.-wide bays and 20- to 30-ton crane capacity.

 

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