LCI® Acquires Assets From Midstates Tool & Die & Engineering: Takes LCI’s Automation Capabilities To The Next Level
ELKHART, Ind. —Lippert Components, Inc. (LCI®) announces that it has acquired certain assets and the engineering team of Midstates Tool & Die & Engineering, Inc., a designer and builder of automated equipment, production tooling, progressive dies and one-hit stamping dies. The business will be operated as Lippert Automation, Tool and Die.
“The assets and people we’ve added from Midstates will help us design more efficient and consistent automation processes that are key in producing high quality products for our customers,” said Jason Lippert, Chief Executive Officer of Drew Industries Incorporated, LCI’s parent company.
The former Midstates team brings decades of experience and provides additional support and expertise as a part of the LCI Steel Division. The business also brings LCI several new customers, allowing the Steel Division to further diversify and expand its market reach.
Vice President of LCI Automation and Manufacturing Jeff Few believes the acquisition will help the Steel Division move to the next level. “Combining the seasoned specialists of Midstates with our automation and tool and die team will give us velocity as we further automate to increase productivity and quality.
”Lippert expects the acquisition to drive the next phase of automation for LCI. “The Midstates team has developed a strong reputation for quality workmanship, and we expect to build on that strength.”
Through its wholly-owned subsidiary, Lippert Components, Inc. (Lippert™), is a leading global manufacturer and supplier of highly engineered products and customized solutions dedicated to shaping, growing, and bettering the RV, marine, automotive, commercial vehicle, and building products industries.
With over 90 manufacturing and distribution facilities located throughout North America, Europe, Africa, and Asia, Lippert™ is a leading, global manufacturer and supplier of highly engineered products and customized solutions dedicated to shaping, growing, and bettering the RV, marine, automotive, commercial vehicle, and building products industries, and their adjacent markets. Lippert also serves a broad array of aftermarket segments, supplying best-in-class products designed to enhance recreational pursuits, both on the road and on the water. From powerful towing technology and automated RV leveling systems, to boating furniture and one-of-a-kind shade solutions — Lippert combines strategic manufacturing capabilities with the power of our winning team culture to deliver unrivaled Customer Service, award-winning Innovation, and premium Products to every industry and person we serve.
3501 County Road 6 East
Elkhart, IN 46514