Here is the MiBiz Growth Report for Jan. 8, 2018:
• M&A: Holland-based Lakewood Fab Tech LLC was acquired by Pewaukee, Wis.-based Venturedyne Ltd., the holding company for Holland-based Thermotron Industries, a manufacturer of environmental test chambers and vibration test systems. Thermotron was Lakewood’s primary customer, supplying the firm with various stainless steel components for its test chambers. The companies also are located across the street from each other. Terms of the deal were not disclosed.
HOLLAND — After manufacturing a specialized line of food processing equipment for 30 years, Lakewood Fab Tech LLC wants to embrace new opportunities by refocusing its business on designing custom machines for the industrial market.