Dayton Progress Corp. acquires Lane Punch business, assets

Dayton Progress Corp., Dayton, Ohio, has acquired the business and assets of Lane Punch Corp., a manufacturer of metal stamping tools with locations in Michigan and North Carolina. Dayton Progress will transfer all production from the two Lane plants to Dayton Progress factories in Ohio, Canada, Mexico, Europe, and Asia, nearer to the customers of Lane.

Dayton Progress is a manufacturer of tools and accessories for the metal stamping and metal forming industries, with 10 factories in North America, Europe, and Asia.