LSP Technologies, Inc. Acquires Facility in Dublin, Ohio
LSPT will continue serving customers during the transition from its current headquarters and plant at 6145 Scherers Place, Dublin, Ohio, only 1.2 miles away.
“We are delighted to remain in Dublin, our home base since the company began 20 years ago,” said Jeff Dulaney, LSPT President & CEO. "We appreciate the continuing support of Dublin city officials, who made the decision to stay in Dublin an easy one." LSPT plans to transition to the new facility in early 2019.
According to company officials, the move represents a significant expansion for LSPT. The new facility will support a growing workforce and provide the ability to handle larger customer components onsite.
LSPT employs more than 50 full-time staff, which is more than twice the company’s workforce from 2017, including more than 35 engineers, technicians, designers and technical support staff added since May.
Laser Peening, often called Laser Shock Peening, is a metal enhancement technology used to combat metal fatigue and extend the life of metal parts. Short laser pulses create a shock wave at the surface of the part, changing metal surfaces to counteract corrosion, cracking, and vibration stress.
LSPT has provided laser peening for many mission-critical parts in aircraft manufacturing, power generation, automotive, and heavy equipment, including gears, drive shafts and turbine engine blades. Laser Peening extends the life of metal parts up to 20 times, lowering costs and minimizing maintenance and downtime.
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