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Fives Acquires Konecranes Machine Tool Service Division USA

By Fives Press Release

Fives Machining Systems, Inc., a global machine tool and complete manufacturing solutions provider, has acquired Konecranes Machine Tool Service division. Konecranes MTS division brings nearly 40-years of experience, providing a full range of preventive maintenance, rebuild, remanufacture, retrofit and repair services, as well as onsite support for all types and brands of machine tools.

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The acquisition of Konecranes MTS by Fives provides customers with a greater depth of productivity solutions services for a wider range of products and industries. Fives Machining Systems, Inc. Global Services and Konecranes MTS division are now combined into a new, larger, more comprehensive aftermarket division. Konecranes MTS division has facilities located in Erlanger, KY, and Massillon, OH, both of which will remain key operating locations.

“This acquisition demonstrates Fives commitment to the machine tool and manufacturing industries,” said Steve Thiry, president & CEO of Fives Machining Systems Inc. “For our customers, this means a broader range of machines that can be serviced by some of the most talented machine tool specialists, control engineers, alignment/calibration experts in the industry. Customers will no longer need to rely on multiple service providers eliminating potential downtime due to scheduling and coordination conflicts. It is an exciting expansion of our solutions capability!”

The Fives Metal Cutting and Composites business line is comprised of Fives Machining Systems Inc., which includes Fives Cincinnati in Hebron, KY, specializing in machines and systems for the aerospace and industrial industries, and Fives Giddings & Lewis in Fond du Lac, WI, specializing in machine tools for industrial, aerospace, and automotive; Fives Lund Engineering in Seattle, WA, serving the aerospace industry; Fives Liné Machines in Granby, Quebec, Canada; and Fives Machining in France, specializing in machine tools for aerospace, industrial and rail.

The Metal Cutting and Composites teams also operate aftermarket machine services and solutions, centered in Hebron, KY, and with more than 20 service centers worldwide, including the seven in North America—located in Hebron, KY, Seattle, WA; Valencia, CA; Wichita, KS, Charlotte, NC; Fond du Lac, WI; and Cambridge, Ontario.

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