Engel acquires Lion Machinery

February 8, 2005

The Formtek Group of companies, which includes Cooper-Weymouth, Peterson (CWP), B&K, Dahlstrom, Engel, FMI, Hill Engineering, Iowa Precision Industries, Lockformer, Rowe, and Yoder has announced that Engel Industries has acquired the operating assets of Lion Machinery, a privately held company based in Pacific, Mo.

Lion, founded in 1974, produces various metal forming machines for HVAC and general fabrication applications, including cleat benders, cheek benders, and cleat folders. The addition of the company to Engel will expand Engel's current product offering and expose the Lion products to Engel's full distribution system. Lion operations and key employees have been relocated to St. Louis.