Cincinnati Lamb Optimistic About Future as Part of Maxcor, Inc.WARREN, Mich. -- Cincinnati Lamb, a leading manufacturing solutions provider, announced that the purchase of its global operations Global Operations is a first-person shooter computer game developed by Barking Dog Studios and published by both Crave Entertainment and Electronic Arts. It was released in March of 2002, following its public multiplayer beta version which contained only the Quebec map. by Maxcor, Inc. and Silver Point Finance, LLC (Logical Link Control) See "LANs" under data link protocol.
LLC - Logical Link Control has been completed. Maxcor acquired Cincinnati Lamb from UNOVA's Industrial Automation Systems business unit for approximately $60 million.
Maxcor, Inc., a New York-based private firm, will operate Cincinnati Lamb as part of a newly created division, MAG (MAGnetic) A common abbreviation for magnetic. For example, "mag tape" means magnetic tape. Industrial Automation Systems, LLC.
In making the announcement, MAG Industrial Automation Systems President, Bernard J. Theisen, expressed enthusiasm about the company's prospects as a leading machine-tool and automation-systems supplier. "We're very optimistic op·ti·mist
1. One who usually expects a favorable outcome.
2. A believer in philosophical optimism.
op about the opportunities that we see in all of our key market segments -- aerospace, automotive, industrial components and heavy equipment manufacturing, as well as opportunities in aftermarket Aftermarket
See: Secondary market.
See secondary market. services for the entire manufacturing marketplace," said Mr. Theisen. "With the support of a new parent company, we can re-focus our energy and resources on growing our business."
"The company will implement organizational improvements, an aggressive product development program and new market expansions, especially in Asia," said Mr. Theisen. "These activities should lead to an increase of production at many of our plants."
Mr. Theisen noted that the company has experienced recent success in all areas of its business, particularly Cincinnati Lamb's automated composites processing equipment, which is used in new aircraft programs including the B787, A380, A350, A400M and F-35. Additional sales in the aerospace sector are at a very healthy level due to the company's diverse range of metalcutting machines, which are well-suited for processing aluminum and titanium titanium (tītā`nēəm, tĭ–) [from Titan], metallic chemical element; symbol Ti; at. no. 22; at. wt. 47.88; m.p. 1,675°C;; b.p. 3,260°C;; sp. gr. 4.54 at 20°C;; valence +2, +3, or +4. structures.
In the automotive sector, Cincinnati Lamb has secured orders for more than two dozen of its new generation MEGA(TM) Series horizontal machining centers (HMCs) among automotive manufacturers in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and China. Next month, Cincinnati Lamb will participate in Hyundai Motor Manufacturing Alabama's Grand Opening Celebration as the supplier of the first fully flexible head and block production and assembly system in North America.
In heavy equipment, the company has recently made significant advancements with products such as its GEMINEX(TM) multi-tasking machines, TC Series of traveling column machining centers and the aforementioned a·fore·men·tioned
The one or ones mentioned previously.
Adj. 1. MEGA Series of HMCs.
Mr. Theisen also said that the company's after-market service and support organization that was developed under the Cincinnati operation has now grown to include the Lamb products. "This award-winning program that we call PLUS(TM) allows us to partner with customers by offering services that add value to the manufacturing process while giving them tools and support needed to manage life cycle costs," explained Mr. Theisen.
In welcoming Cincinnati Lamb's people, operations and world-renowned brands, Maxcor, Inc. Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Mo Meidar, said, "Customers can expect to see immediate impact, with improvements that will provide added speed and flexibility in responding to their needs."
Cincinnati Lamb has eight plants in North America and Europe and 1,300 employees worldwide.
About Cincinnati Lamb (www.CincinnatiLamb.com):
Cincinnati Lamb designs, builds and integrates high-volume and flexible machining systems as well as stand-alone production equipment for global aerospace, automotive, heavy equipment and general machining markets. The company offers technology-driven solutions that include composites processing equipment, profilers, routers, and five-axis CNC (Computerized Numerical Control) See numerical control.
CNC - Collaborative Networked Communication machining centers; horizontal and vertical machining centers and turning centers; and automated assembly and test machines and systems. Additionally, the company provides the manufacturing industry's most comprehensive package of service and support through its PLUS program.
Cincinnati Lamb is a MAG Industrial Automation Systems business headquartered in Warren, Michigan Warren is a city in Macomb County in the U.S. state of Michigan. As of the 2000 census, the city had a total population of 138,247, making Warren the largest city in Macomb County, the third most populous city in Michigan, and Metro Detroit's largest suburb. . Other operating locations include: Machesney Park, IL; Hebron, KY; Windsor, Canada; Mildenhall, England; Solihull, England; Birmingham, England; Remscheid, Germany; and Asian operations in China and Korea.