The Lawton Standard Co. Acquires Northern Iron & Machine
August 12, 2022
The Lawton Standard Co. acquired Northern Iron & Machine (NIM), a St. Paul, Minnesota full-service foundry, in a transaction that closed August 12, 2022. The acquisition adds casting size and machining capabilities to Lawton's vertically integrated foundry platform and is intended to expand sourcing options and service offerings for both companies' OEM customers. The seller was led by retiring CEO Scott J. Hamlett.
- Buyers
- The Lawton Standard Co.
- Targets
- Northern Iron & Machine
- Sellers
- Scott J. Hamlett
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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