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LFM Acquires PowerBuilt to Expand Automation Platform

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LFM Capital has acquired PowerBuilt Material Handling Solutions, a Bellefontaine, Ohio-based manufacturer of automated and semi-automated custom equipment. The deal adds PowerBuilt to LFM's American Automation Group platform, which already includes Southern Tooling, Inc. and Tuttle AAG, LLC. Founded in 2000 by Rick Hauck, PowerBuilt serves automotive and general industrial customers.

Financial terms of the acquisition were not disclosed. The move comes after LFM established its automation solutions platform in 2024 with the acquisitions of Southern Tooling and Tuttle. Dan Shockley, LFM's managing director, stated the company expects PowerBuilt to drive opportunities for customer diversification and cross-selling a wider array of solutions.

PowerBuilt's addition strengthens LFM's engineering and sales capabilities within the automation sector. The Bellefontaine-based company brings specialized expertise in custom material handling equipment to complement the existing platform companies. This acquisition represents LFM's continued investment in building a comprehensive automation solutions provider through strategic add-on acquisitions.