Oakland Standard Co. announces the formation of a new business platform

By C.A. Lawton | January 29, 2020
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Birmingham, MI – Private equity firm, Oakland Standard Company announces a new business platform that combines Temperform and The C.A. Lawton Company. Temperform is a Novi, Michigan-based niche manufacturer of heat, corrosion, and abrasion-resistant castings and machined components for use in a variety of industrial applications. They produce castings from 1 to 6,000 pounds in more than 400 alloys to best suit the application. 

Founded in 1879 in De Pere, Wisconsin, Lawton is a leading manufacturer of gray- and ductile-iron castings serving the HVAC, mining, water, and paper industries, among others.  Lawton produces castings ranging in size from 400 to 20,000 pounds and provides an end-to-end casting solution, from design and engineering through finishing and machining.

The combination of Temperform and Lawton creates a multi-metal, multi-capability operation with the ability to serve a broad range of applications across a wide variety of industries and end-markets.

Alex Lawton, the current CEO of The C.A. Lawton Co., has been announced as CEO of the new business platform and will lead the integration of the businesses and management teams. “As one unified front in the market, we will continue to grow and gain market share across a variety of industries.”

The board of directors will also include Tim Flannery and Dan Bickersteth, both of Oakland Standard. Barry Adamski will remain President of The C.A. Lawton Company. Blake Albritton will remain President of Temperform.

Dan Bickersteth said, “The partnership with Alex Lawton and the rest of the Lawton team mark an exciting new chapter for the company.  We are excited to bring these longstanding businesses together and work with the talented teams in both Michigan and Wisconsin as we continue to grow the business.”

About the Oakland Standard Company:

Our goal is to work with current owners and management teams to build long-lasting businesses that are leaders in their industry. We believe that substantial long-term value appreciation can be created with the right combination of capital and strategic resources. Focus is on industrial businesses that are often overlooked or under-appreciated by larger investors and where a hands-on approach can lead to meaningful change.

More information can be found on their websites:

http://www.oaklandstandard.com http://www.temperform.com/