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News Release
Date: August 2003
For Release: Immediately
For Further Information
Gordon D. Goranson
Tel: 800-884-6183

LMC Moves to New Corporate Facilities
DeKalb, IL, August 2003 - LMC, Inc., located in DeKalb, Illinois, announced their move to new corporate facilities in DeKalb, IL. as of August 1st. The new facility will maintain all corporate offices including engineering, and research and development. The 40,000 square foot facility will allow for the manufacturing and assembly of their complete line of press systems for the straightening and cut of coil or bar stock in rounds, shapes and tubing, as well as press systems for net shape forming and blanking.

Gordon Goranson, President stated "we are pleased with the continuing growth of LMC and our customers recognition worldwide of our leadership position in high velocity adiabatic technology for the metal fabrication industry."

In 2002, LMC had just moved to a new corporate and manufacturing facility in DeKalb, IL, which no longer meets their future market needs, and also expanded to Europe with the opening of its subsidiary, LMC AB, in Sweden to market, engineer, manufacture and service support the metal fabrication industry within the EU markets. Goranson stated "the needs of our customers to be able to significantly lower their processing costs and raw material waste in these economic times allows them to be more competitive worldwide." The growth of LMC's Adiabatic Process Manufacturing Technology (APM) has made numerous manufacturers cost effective and efficient to grow and compete in their markets.

LMC is the world's leading manufacturer of High Speed Adiabatic Process Manufacturing Technology. The patented press line and production operations are recognized for their advanced manufacturing process which significantly reduce costs, eliminates secondary operations and with improved quality. In October 2001, the company was selected by Research & Development Magazine to receive their internationally coveted R&D100 Award for the development of their 'Net Shape Forming' process. Unique to the process is its ability to generate controllable ram speeds up to 100 meters per second, which only explosive energy sources exceeded this rate.

The company has over 275 press systems operating worldwide for the support of manufacturing metal components for the automotive, trucking, ball bearing, electronics, aviation, hardware, and flow control industries. LMC has also close cooperative ties with the US Department of Energy, Fermi National Laboratory, Stanford Linear Accelerator Center and Northern Illinois University. Currently, all systems are engineered and manufactured in the USA.

LMC's complete range of press systems have the capability to cut, in a mille-second, solid metals of virtually any tensile up to 4.00" (100 mm), tubing up to 6.00" (150mm) in diameter and net shape components formed up to 30 lbs (10-15 kg.) Significant cost savings and quality benefits exist which make companies more competitive worldwide.

The LMC Press System is recognized for its extreme energy efficiency with utilization as low as 10% of conventional equipment. Material waste is minimal, no recycling of coolants or metal chips, and with no fumes or smoke. The system is very environmentally friendly. The presses are very operator friendly. Tooling costs are minimal with die life extreme at rates up to 150 million cycles per die set.