Innovance Acquires Minnesota's Mass Finishing, Inc.
Mass Finishing is a supplier of high-energy centrifugal barrel finishing machines, media, compound, supplies, and services.
Innovance has acquired Mass Finishing, a Howard Lake, Minnesota-based supplier of high-energy centrifugal barrel finishing machines, media, compound, supplies, and services. Innovance has acquired all the assets of Mass Finishing, Inc. and is continuing Mass Finishing’s operations out of Howard Lake, MN.
Mass Finishing brings new dimensions to Innovance’s current product and service offerings with the addition of high-energy centrifugal barrel finishing systems which will complement Almco’s vibratory finishing systems.
“We are very excited about acquiring Mass Finishing, as it brings new dimensions to our current product and service offerings, and we have acquired a very talented and experienced workforce," said Mike Larson, CEO, Innovance. "This move adds high energy centrifugal barrel finishing systems to our product line-up, which complements our Almco vibratory finishing systems. In addition, it expands our distribution network, and fits nicely within our overall manufacturing capabilities”
“I started out by operating the mass finishing division at Timesavers, Inc. in 1987," said Tommy Mathisen, Vice President, Mass Finishing. "In 1995, without any knowledge on running a business, my brother Mike and I bought MFI. We worked ambitiously and turned MFI into a profitable and reliable company. Now it's time to take another step and have a company that is a known leader in the industry take MFI to the next level. We look forward to working with Innovance/Lou Rich/Almco; their experience in sales, service and marketing will make MFI even stronger in the mass finishing industry.”
Innovance is a 100 percent employee owned company and the holding company for subsidiaries, Lou-Rich, Inc. (www.lou-rich.com) and Almco, Inc. (www.almco.com). Lou-Rich provides contract engineering and manufacturing services. Almco is a state-of-the-art manufacturer of industrial deburring, parts washing, and vibratory metal finishing equipment. For more information on Innvoance, Inc., please visit www.innovance.com.
Mass Finishing sells equipment and services to a wide range of market segments around the world including: aerospace, automotive, medical, firearms, and other industrial sectors. For more information on Mass Finishing, Inc., please visit www.massfin.com.
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