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Advanced-Machining/Laser-Processing Companies Unite

Advanced-Machining/Laser-Processing Companies Unite

Wednesday, August 29, 2007
 
LAI International, Inc., Scottsdale, AZ, a manufacturer of precision components and subassemblies, has acquired Rich Technology International, a precision contract manufacturer located in Scarborough, ME. LAI supplies customers in the aerospace, armor, automotive, defense, electronics and medical-device industries. Among its services: five-axis laser machining, waterjet cutting and sheetmetal fabrication. Rich, which employs 130, specializes in high-speed CNC machining, five-axis laser processing and EDM. It’s known for producing turbine blades and nozzles for power-generation plants. The LAI/Rich combined company employs 240 and projects 2007 revenues in excess of $46 million. Learn more at www.laico.com.

 

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