Kind & Co., Edelstahlwerk, GmbH & Co. KG has acquired Lake Park Tool & Machine Inc. of Youngstown, Ohio. The acquisition was effective on January 04, 2016. The company is named “Lake Park Tool & Machine, LLC”. The acquisition allows for Kind & Co. to increase the presence in the American extrusion industry. Customers will be able to profit from the collective know-how and capabilities of both companies.
With the foundation of another subsidiary of Kind & Co., Edelstahlwerk, GmbH & Co. KG, of the new company “Kind Special Alloys US, LLC”, Kind & Co., Edelstahlwerk, GmbH & Co. KG expands upon other product divisions, such as die casting, closed die forging as well as hot stamping.
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