Fives buys Konecranes' machine tool service division

Combined company to offer expanded service and support services to a wide range of customers.


From left to right: Bill Weier, human resources director of Fives Machining Systems; Justin Belew, director or rebuild and retrofit; Harold Schoch, director of aftermarket technical sales; Steve Thiry, president and CEO of Fives Machining Systems Inc.; Nolan Strall, director of Fives Machining Systems aftermarket; and Buddy Schoch, director of aftermarket sales and support.

Hebron, Kentucky – Fives Machining Systems Inc. has acquired Konecranes’ Machine Tool Service (MTS) division. Konecranes MTS division brings nearly 40-years of experience providing preventive maintenance, rebuild, remanufacture, retrofit, and repair services.

The acquisition provides customers with a greater depth of productivity solutions services for a wider range of products and industries. Fives Machining Systems Inc. Global Services and Konecranes MTS division are now combined into a larger, more comprehensive aftermarket division.

Konecranes MTS division has facilities in Erlanger, Kentucky (nearly Cincinnati, Ohio) and Massillon, Ohio, both of which 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,” says Steve Thiry, president and CEO of Fives Machining Systems Inc. “For our customers, this means a broader range of machines that can serviced by some of the most talented machine tool specialists, control engineers, alignment/calibration experts in the industry.”