Fives Acquires Konecranes’ Machine Tool Service Division

Fives Machining Systems (Hebron, Kentucky) has acquired Konecranes’ Machine Tool Service (MTS) division. Konecranes’ MTS division has been providing a range of preventive maintenance, rebuild, remanufacture, retrofit and repair services, as well as onsite support for all types and brands of machine tools for 40 years.

Konecranes’ MTS and Fives’ Global Services have now been combined into a new aftermarket division, which will provide customers with more productivity solutions services for a wider range of products and industries. Both of Konecranes MTS division’s facilities in Erlanger, Kentucky, and Massillon, Ohio, will remain key operating locations.

“Our mission is to be the primary service and solutions provider for productivity enhancements and service support to aerospace and industrial manufacturers for the full range of machine tools in their facilities,” Fives Machining Systems CEO Steve Thiry says. “For our customers, this means a broader range of machines that can be serviced by some of the most talented machine tool specialists, control engineers, alignment/calibration experts in the industry. Customers will no longer need to rely on multiple service providers, eliminating potential downtime due to scheduling and coordination conflicts.”