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November 2018

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LNS Acquires ChipBLASTER

LNS North America CEO Jeff McMullen and ChipBLASTER President Greg Antoun announce the acquisition of ChipBLASTER by LNS at IMTS 2018.

The LNS Group has acquired Meadville, PA-based ChipBLASTER, Inc., the maker of high pressure coolant systems, coolant chillers, cyclonic filtration systems and other machine tool peripherals.

"ChipBLASTER is a market leader in the U.S. high-pressure coolant industry and is a natural fit into our machine tool peripheral product portfolio," said Jeff McMullen, LNS North America CEO. "At LNS we plan to leverage our global sales and service network to sell ChipBLASTER's technologically advanced products on a worldwide basis. A common thread running through both companies is the goal of helping manufacturers optimize the efficiency of their machine tools to improve performance, productivity and profitability."

ChipBLASTER President Greg Antoun added, "We are excited to join the LNS family. Both companies continuously advance machine tool peripheral technology, create products of the highest quality and focus on customer needs, so this will not only be of great benefit to each organization, but also to the customers we both serve."

In 2016 a large addition was made to ChipBLASTER's Meadville, PA, facility to meet increasing demand. Current plans are for the business to continue operating from this location under present management.

For more information contact:

LNS America, Inc.

4621 East Tech Drive

Cincinnati, OH 45245

513-528-5674

sales@lnsamerica.com

www.lns-america.com

ChipBLASTER, Inc.

13605 South Mosiertown Road

Meadville, PA 16335

814-724-6278 / 800-241-3163

www.chipblaster.com

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