Lind-Rite sold to Talon
Lind-Rite Precision in Osakis was recently acquired by Talon Innovations Corporation, which is headquartered in Sauk Rapids.
Talon is a provider of precision-machined products and assemblies for the semiconductor, aerospace, medical device and other technology-driven industries. Talon has 436 employees worldwide and has experienced unprecedented growth for the last three years, according to management.
"Lind-Rite has been an excellent supplier and partner to Talon for several years. We are excited to bring an exceptional group of employees to the Talon team and we are pleased to provide the opportunity for the Lind-Rite team to join a fast-paced, high growth business in Talon Innovations," said Greg Olson, Talon CEO in an email announcing the purchase.
Terms were not disclosed.
Dave Rietveld, vice president of operations, said, "This is another significant step in our rapid capacity expansion that is helping drive unprecedented growth at Talon."
This is Talon's second acquisition in the last 18 months.
Lind-Rite Precision is a precision machine shop established in 1987 that offers CNC turning, CNC milling and Swiss machining. Lind-Rite specialized in Swiss Machining and was known for machining complex parts with tight tolerances. Lind-Rite was a strong supplier to Talon for several years and will now become an integral part of Talon's growth and success.
"This is a great opportunity for our employees. Talon has excellent customers that are a perfect fit for our capabilities," said Dan Kotek, former president and co-owner of Lind-Rite.
Marilyne Morrisette, former co-owner of Lind-Rite, added, "Talon's size and growth gives our employees benefits and opportunities not available when Lind-Rite was a smaller organization. We are excited for the employees and continued growth for our community."
Talon in Osakis is currently adding new equipment and a full second shift. The company is looking for new team members to support the continued growth. All Talon locations are now accepting applications for several positions in the company such as machinists, engineers, programmers and supervisors. For more information on qualifications and responsibilities visit www.
Talon is a leading-edge, vertically integrated CNC machine shop offering "turn-key" products and services to technical industries through the development and production of precision, ultra-high purity components and complex assemblies. Talon specializes in close tolerance machining and finishing of exotic materials, alloys and plastics.