Lampin Corporation

Last updated
Lampin Corporation
FormerlyLampin Pinion Gear Company
Company type Private
Industry Precision manufacturing and engineering
Founded Ashland, Massachusetts, United States (1964 (1964))
FounderHarold Fairbanks
Headquarters,
United States
Area served
Worldwide
Key people
Products
  • Right angle gear drives
  • Spur gear drives
  • Mechanical assemblies
  • Spiral bevel gear drives
BrandsMITRPAK
ServicesPrecision manufacturing, assembly, and services
Revenue$7,000,000
Owner
Number of employees
36 (2019)
Website lampin.com
Footnotes /references
[1] [2] [3]

Lampin Corporation is a Massachusetts-based component manufacturer and assembler of right angle gear drives, spur gear, and mechanical assemblies, serving the aerospace, medical, optical, semiconductor, food processing, and high-tech industries. Lampin offers design review, supply chain, and inventory management services. Lampin is 100 percent employee-owned. [4]

Contents

History

Harold Fairbanks founded the company as the Laminated Pinion Gear Company in 1964. The company was initially headquartered in Ashland, Massachusetts, a town in the Blackstone Valley. In the 1970s, Harold Bushnell purchased the company and moved it to Uxbridge, its headquarters.

On November 23, 1982, Scott Rossiter purchased the company, renaming it the Lampin Corporation. [4] In 1990, Lampin acquired MITRPAK, a line of spiral bevel gear drives, from Johnson & Bassett, a Worcester, Massachusetts company founded in 1870. [5] [6]

Lampin continued to expand, and in 2001, Rossiter elected to sell 30% of the company to the employees through the employee stock ownership plan (ESOP). In 2006, Rossiter sold all the shares to the ESOP, making the company 100 percent employee-owned. [7] [8] In 2013, Lampin received a $74,100 matching grant from the state of Massachusetts to create jobs and train thirty new employees. [9]

Current corporate directors are Floranne R. Reagan, Michael S. Shaw, and Donald J. Romine. [10] [3]

In January 2022, John Biagioni was appointed president following Robin LeClaire's retirement, who will remain on Lampin's board. [11]

Acquisitions

In March 2016, Lampin acquired the precision component manufacturer Howard Precision Products of Framingham, Massachusetts. The company was formerly known as the E. Howard Watch & Clock Company, founded in Massachusetts in 1851. All employees of Howard were offered positions at Lampin and were to be moved to Lampin's facilities in Uxbridge. [12]

Lampin's Okuma MULTUS U3000 multi-tasking machine with automatic tool changer Okuma MULTUS U3000 multi-tasking machine with automatic tool changer 2.jpg
Lampin's Okuma MULTUS U3000 multi-tasking machine with automatic tool changer

Related Research Articles

<span class="mw-page-title-main">Uxbridge, Massachusetts</span> Town in Massachusetts, United States

Uxbridge is a town in Worcester County, Massachusetts, United States, first colonized in 1662 and incorporated in 1727. It was originally part of the town of Mendon, and named for the Earl of Uxbridge. The town is located 36 mi (58 km) southwest of Boston and 15 mi (24 km) south-southeast of Worcester, at the midpoint of the Blackstone Valley National Historic Park. The historical society notes that Uxbridge is the "Heart of The Blackstone Valley" and is also known as "the Cradle of the Industrial Revolution". Uxbridge was a prominent Textile center in the American Industrial Revolution. Two Quakers served as national leaders in the American anti-slavery movement. Uxbridge "weaves a tapestry of early America".

<span class="mw-page-title-main">Publicis Sapient</span> Digital transformation consulting company

Publicis Sapient is a digital consulting company belonging to Publicis Groupe, with 20,000 people and over 50 offices worldwide. It was originally established as Sapient in Cambridge, Massachusetts in 1990. In 2015, Sapient became an independent subsidiary of French multinational advertising firm Publicis, following a deal worth US$3.7 billion. It remains headquartered in Boston, Massachusetts, and as of February 2015, the leadership is retained.

<span class="mw-page-title-main">Papa Gino's</span> Restaurant chain based in Dedham, Massachusetts

Papa Gino's, Inc. is a restaurant chain based in Dedham, Massachusetts, specializing in traditional thin crust pizza along with pasta, subs, salads, and a variety of appetizers. As of 2023, there are 79 Papa Gino's locations in Connecticut, Massachusetts, New Hampshire and Rhode Island.

<span class="mw-page-title-main">New Belgium Brewing Company</span> American beer brewery

New Belgium Brewing Company is a nationally distributed brewery in the United States. The brand produces Fat Tire Ale, Voodoo Ranger IPA, Mural Agua Fresca Cerveza, and La Folie Sour Brown Ale, among other regular and seasonal beer varieties. Founded by Kim Jordan and Jeff Lebesch in 1991 in Fort Collins, Colorado, the company expanded to Asheville, North Carolina, in 2016 and Denver, Colorado, in 2018.

<span class="mw-page-title-main">Flowserve</span> Multinational Industrial Supply Company

The Flowserve Corporation is an American multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves, end face mechanical seals, automation, and services to the power, oil, gas, chemical and other industries. Headquartered in Irving, Texas, which is in the Dallas–Fort Worth Metroplex, Flowserve employs close to 16,000 employees in more than 50 countries. Flowserve sells products and offers aftermarket services to engineering and construction firms, original equipment manufacturers, distributors, and end users. The Flowserve brand name originated in 1997 with a merger of BW/IP and Durco International.

<span class="mw-page-title-main">Bernat Mill</span> Yarn mill in Uxbridge, Massachusetts, U.S.

The Bernat Mill, also known as Capron Mill, and later Bachman Uxbridge Worsted Company, was an American yarn mill in Uxbridge, Massachusetts, that was for the most part destroyed by fire on July 21, 2007.

Héroux-Devtek Inc. is an international company specializing in the design, development, manufacture, repair and overhaul of landing gear, actuation systems and components for the aerospace market. Founded in 1942, the company's head office is located in Longueuil, Quebec. Héroux-Devtek Inc. has more than 1960 employees working in 18 facilities in North America and Europe. The corporation is the third-largest landing gear company worldwide, supplying both the commercial and defence sectors of the Aerospace market with new landing gear systems and components, as well as aftermarket products and services. It also manufactures actuation systems as well as ball screws. Héroux-Devtek's accomplishments include the manufacturing of the landing gear for the lunar module that landed Neil Armstrong on the moon for the Apollo 11 mission in 1969.

<span class="mw-page-title-main">Peter Rawson Taft</span> American politician

Peter Rawson Taft was an American lawyer, judge, and legislator. His son Alphonso Taft served as the U.S. Secretary of War (1876), and U.S. Attorney General (1876–1877). Alphonso was the father and Peter was the grandfather of President William Howard Taft.

The Taft family is an American political family of English descent, with origins in Massachusetts. Its members have served in the states of Massachusetts, Ohio, Rhode Island, Utah, and Vermont, and the United States federal government, in various positions such as representative (two), governor of Ohio, governor of Rhode Island, senator (three), secretary of agriculture, attorney general, secretary of war (two), acting secretary of defense, president, and chief justice.

<span class="mw-page-title-main">ESCO Group</span> United States manufacturing corporation

ESCO Group LLC is a manufacturer of engineered metal wear parts and components for industrial applications—including mining and construction. Since 1913, the company, which is a division of Weir Group PLC, has been headquartered in Portland, Oregon, USA.

<span class="mw-page-title-main">Ashot Ashkelon</span>

Ashot Ashkelon Industries Ltd is an Israeli manufacturer of build to print products such as: gears, transmissions and gearboxes to the Aerospace, Military, and Automotive industries. Headquartered in Ashkelon, it has 560 employees.

Adcole Corporation is a Massachusetts-based manufacturer of precision testing and measuring instruments. Addison D. Cole founded the company in 1957. Adcole's core clients come from the aerospace and automotive industries. The company is a subcontractor for the NASA and satellite manufacturers. Sun angle sensors designed by Adcole have flown on numerous space exploration missions, including Mars Pathfinder and the Lunar Reconnaissance Orbiter. Automobile and truck engine makers as well as agricultural and construction equipment manufacturers utilize measuring machines and tools from Adcole as well. The company reported net sales of more than US$30 million in fiscal year 2011.

<span class="mw-page-title-main">Altra Industrial Motion</span> American power transmission manufacturer

Altra Industrial Motion Corp. is an American manufacturer of mechanical power transmission products – brakes, clutches, couplings, and the like. The company is headquartered in Braintree, Massachusetts.

Enerpac Tool Group Corp., formerly Actuant Corporation, was founded in 1910 and is headquartered in Menomonee Falls, Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC.

<span class="mw-page-title-main">The Climate Corporation</span> American dIgital agriculture services company

The Climate Corporation is a digital agriculture company that examines weather, soil and field data to help farmers determine potential yield-limiting factors in their fields.

An Employee Stock Ownership Plan (ESOP) in the United States is a defined contribution plan, a form of retirement plan as defined by 4975(e)(7)of IRS codes, which became a qualified retirement plan in 1974. It is one of the methods of employee participation in corporate ownership.

<span class="mw-page-title-main">Wyman-Gordon</span> American metal component manufacturer

Wyman-Gordon is a company that designs and manufactures complex metal components. Founded in 1883 as a manufacturer of crankshafts for looms, it has a long history of making forged metal components, particularly for the aerospace industry. Wyman-Gordon is a wholly owned subsidiary of Precision Castparts Corp., and is based in Houston, Texas. It has thirteen (13) plants in five countries, and employed about 2,500 people as of 2012.

AMETEK, Inc. is an American multinational conglomerate and global designer and manufacturer of electronic instruments and electromechanical devices with headquarters in the United States and over 220 sites worldwide.

Gardener's Supply Company is an employee-owned company providing environmentally friendly gardening products and information through its website, catalogs, and retail stores.

References

  1. Myhaver, Karen. "Growth Manufacturers Case Study" . Retrieved 2015-04-29.
  2. Owen, Paula J. (2018-05-20). "One on One: Robin L. LeClaire, president, Lampin Corp". Telegram & Gazette . Retrieved 2019-06-19.
  3. 1 2 Berkowitz, Harry (2019-08-03). "Lampin Corporation". All about the Valley. WCRN . Retrieved 2019-08-15.
  4. 1 2 Wasserman, Aaron (2008-01-05). "Benefits of employee ownership pitched to Neal". Milford Daily News . Gatehouse Media, Inc. Retrieved 2014-11-17.
  5. "Mitrpak". MotionControlGuide.com. Archived from the original on 2014-11-17. Retrieved 2014-11-17.
  6. Gordon, Leslie (2012-02-09). "Why it makes sense to manufacture in the U. S." Machine Design. Penton. Retrieved 2014-11-17.
  7. "ESOPs Buying the Remaining Shares of the Company to Become 100% ESOP-Owned". esop Partners. 2007-12-03. Retrieved 2014-11-17.
  8. Lavery, Jeff (2007-01-18). "Lampin Corp. completes buyout". Worcester Business Journal. New England Business Media. Retrieved 2014-11-17.
  9. "Patrick Administration Announces Latest Round of Grants to Help Massachusetts Businesses Prosper and Grow Jobs" (PDF). Executive Office of Labor and Workforce Development. Commonwealth of Massachusetts. 2014-04-09. Archived from the original (PDF) on 2014-08-11. Retrieved 2014-11-17.
  10. "Lampin Corporation Annual Report, 2018". Commonwealth of Massachusetts . 2019-03-15. Retrieved 2019-08-15.
  11. Killoran, Jennifer (2022-01-13). "John Biagioni Named President of Lampin Corporation". Longview News-Journal. Retrieved 2022-02-24.
  12. "Lampin Announces Acquisition of Howard Precision Products". 2016-03-01. Retrieved 2016-03-04.