Master Power Transmission expands portfolio with the acquisition of LMI Reducers
Company Release – September 21, 2018
GREENVILLE, SC September 21, 2018 – Master Power Transmission, headquartered in Greenville, SC, has completed the acquisition of the LMI Reducer product line. LMI shaft mounted reducers “built for the long haul” are a respected and durable choice of customers and distributors across the United States for bulk material handling applications.
"The acquisition of LMI continues the expansion of our product portfolio of durable, customer focused power transmission products. The addition of these products will allow Master PT to serve a broader customer base with our special brand of FASTER@MASTER service and intense focus on customer success." said Michael Cinquemani, Master PT president and chief executive officer. “We are excited to build upon LMI’s excellent product and strong position in the market.”
Located in Ada, Oklahoma, LMI offers a premium line of shaft mount and screw conveyor reducers to customers in North America.
About Master Power Transmission
Master Power Transmission is a highly focused, energized company with an exceptional line of power transmission products and unmatched customer service. We have built a reputation for locally producing high-quality, durable gear reducers that blend together the perfect combination of torque, performance and reliability. We combine exceptional products with an unwavering commitment to customer service that sets us apart in the industry. Through a highly motivated team of experienced professionals, we have been able to offer our customers instant information availability and the fastest cycle times in the industry. Our FASTER@MASTER culture when combined with our durable products provides exceptional customer value in today’s fast paced world.