In
1980, Lennart Lindell arrived in the Chicago area from Sweden with a set
of patents for adiabatic cutting equipment based on work he had done at
the Royal Institute of Technology in Stockholm. Those two patents and his
ambition to build a research and development company dedicated to the science
of Adiabatic Process Manufacturing was the beginning of what would eventually
become LMC, Inc.
From the beginning,
Lennart focused on one theme which was to build a reliable adiabatic cutoff
machine that would save time, energy and material. He built and sold several
machines in the United States, and then waited for the word to spread
about the value of these machines. But to his dismay, his new machines
had become a best kept secret. It seems Lennart had discovered
the adiabatic advantage, but his customers had discovered that Lennarts
machines were their competitive advantage. Word of mouth advertising simply
was not going to work for this innovation.
The fulfillment of
Lennarts dream was to come, but not as fast as he had hoped. It
would take a chance encounter through some unusual connections before
Lennart Lindell, a Swedish immigrant, would meet Gordon Goranson, the
son of a Swedish immigrant who had settled in Chicago. That unusual connection
was their wives. Mrs. Lindell and Mrs. Goranson met at a Swedish-American
event and began talking. The result seems to prove, twice-fold, the old
adage that behind every successful man is a good woman.
Gordon Goranson had
a background perfectly matched to the needs of an inventor with a young
company struggling to stand on its own feet. Not only had Gordon been
a seasoned plant manager, but he had a very successful career as a banking
executive. This blend of manufacturing and banking experience, combined
with Lennarts technical knowledge, put them on a life-long path
that neither man would ever have expected.
Corporate growth:
In 1998, LMC, Inc. went commercial. Not only was the company producing
high-velocity, adiabatic cutoff machines for sale to manufacturers, but
the company began a division, APM, which provided manufactures with cutoff
services of round and profiled solids from bar and coil in medium to exceptionally
large volumes.
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In 2001, the events
of 9/11 created havoc for the US economy and many small manufacturing
companies simply could not survive the downturn. This event also took
its toll on LMC, Inc., but the company found a way to remain on its feet.
To survive, LMC, Inc., relied on its core values, the same core values
of drive and determination that first caused that young Swedish inventor,
Lennart Lindell, to come to America to build his dream. And it relied
upon the vision and experience of a seasoned business navigator, Gordon
Goranson, who knew how to weather storms.
In early 2002, LMC,
Inc. purchased its first corporate home at 335 Wurlitzer Drive in DeKalb,
Illinois. That facility housed both the machine division and APM, the
cuoff service division. But additional growth was needed and it seems
a persons roots are hard to ignore. Both Lennart and Gordon, began
to look to Europe for additional growth opportunities. There was an entire
industrial market in Europe that had not suffered the consequences of
9/11 and that market could provide a variety of opportunities for LMC.
It was time to act. After significant research, Lennart and Gordon decided
that a sales and production office should be opened in Sweden. So, in
September 2002, LMC, AB, was founded and located in Lidkoping, Sweden.
Today, sales in Europe are strong and have proven Lennarts and Gordons
growth strategy to be well founded.
As LMC grew, it became
apparent that the company needed a new home to build more machines and
APM needed more room to provide cutoff services for a growing list of
customers. So, in August, 2003, LMC moved its machine design and manufacturing
division to 630 Enterprise Drive in DeKalb, and APM took over the entire
Wurlitizer facility. LMC originally rented one half of the Enterprise
facility from a shows and exhibit design company who had also suffered
a setback from the events of 9/11. But in early 2005, based on a need
for even more space to grow its machine business, LMC, Inc., purchased
the building with plans to become the sole occupant.
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