Absolute Machine Tools has acquired Advanced Machinery Solutions, Columbus, Ohio. In that transaction, Absolute Machine Tools is now the exclusive importer/distributor of original equipment manufacturer, LICO Machinery Company, Taichung, Taiwan. Absolute Machine Tools will now be providing parts, service, and turnkey applications engineering support out of its technical center located in Mason, Ohio. Customers who have product warranties and service agreements from Advanced Machinery Solutions have been transferred to Absolute Machine Tools and will be honored through the contract periods.
Greg Knight, former president of Advanced Machinery Solutions said, “The acquisition gives LICO customers more comprehensive service and support by having an experienced and successful company such as Absolute Machine Tools become the principal representative here in the United States and Canada. Absolute Machine Tools has been selling the LICO brand for a few years now and has been a leader in the CNC machine tool market for over 30 years, carrying other fine lines from Taiwan such as Johnford bridge mills, You Ji vertical turning lathes, Nexturn Swiss lathes, and AccuteX Wire EDMs and consumables. Further, Absolute Machine Tools has four locations – Lorain and Mason, Ohio; Livonia, Michigan; and Elgin (Chicago), Illinois.”
LICO Machinery has been manufacturing multi-slide screw machines since 1978 (CNC cam machines until early 1990s). LICO introduced their CNC products here in the United States in 1990 by opening its own manufacturing operations in Texas. LICO’s Texas plant produced various specialty parts for the U.S. automotive industry. In 1996, with the introduction of the LNTS line, LICO became ISO-9000 certified, and in 2001 internationally CE approved. The Society of Manufacturing Engineers and the Taiwan Ministry of Economics awarded LICO the Innovative Research Award in 2002. In 2005, LICO developed the LNC-D 12-position screw machine with live tools, sub-spindle, Y-axis, and automatic bar feeding. Five years later in 2010, LICO introduced the LND series machine with an opposed counter spindle for longer parts, XYZ-axis live turret, and up to three XZ axes cross slides.