Motion & Control Enterprises Acquires Lone Star Machine Works
Motion & Control Enterprises (MCE) announced today that it has acquired Lone Star Machine Works (LSMW).
Based in Mabank, Texas, LSMW was founded in 2000 and is a full-service provider of complex hydraulic repair, precision machining, welding, and fabrication services. The company has 42 associates and services industrial end-user and OEM customers across Texas, Oklahoma, Louisiana, and Arkansas.
“We are very excited to welcome the Lone Star associates to the MCE team,” said MC Chairman and CEO Charles Hale. Hale noted that “LSMW’s hydraulic repair capabilities are critically important for today’s customer and are consistent with our strategy of being a full-lifecycle provider of highly-engineered products and services. Lone Star is an industry-leading provider of hydraulic repair services, and the strategic combination of our businesses will be positive for our customers and employees.”
“This combination will allow us to accelerate the expansion of our served geography and capabilities utilizing the resources and support provided by MCE,” said LSMW owner Mikel Payne. "This is a great outcome for our associates and customers.”
About Motion & Control Enterprises
Founded in 1951, MCE is a leading supplier of technical fluid power, automation, flow control, compressed air, and lubrication products, services, and solutions. The company serves more than 15,000 MRO and OEM customers from 27 facilities across the Great Lakes, upper Midwest, Southwest, and beyond. For more information, please visit www.mceautomation.com.
The company is majority-owned by Frontenac, a Chicago-based private equity firm that invests in middle-market buyout transactions in consumer, industrial, and services markets. For more information, please visit www.frontenac.com.