LSI Corporation, after being acquired by Stevens Industries and closing its manufacturing plant in Minneapolis, is selling an assortment of big-name woodworking machinery it will no longer need. The machinery auctioned for sale on MachineryMax.com, consists of brands including Biesse, Weeke, Weima, Ligmatech, Homag, Kaeser, and others. All machinery is currently up for bidding here.
Bidding begins closing Wednesday March 9 at 12:00 pm CST and officially closes at 12:30 pm. Machinery can be inspected on Friday/Saturday March 4-5 from 8 am to 4 pm at LSI's old facility at 2100 Xenium Lane in Minneapolis.
The medical casework manufacturer was recently acquired by Stevens Industries. Stevens will now produce LSI branded products at the Stevens location in Teutopolis, Illinois.
Stevens Industries, Inc. acquired LSI Corporation of America, a Minneapolis medical casework manufacturer. Stevens Industries says it will now produce the LSI branded product in its Teutopolis, Illinois facility.
Stevens Industries says LSI stopped production in January after nearly 48 years in the education and medical casework business. As a member of the Architectural Woodwork Institute, LSI was a respected brand for architects in the commercial casework industry since the 1970s, according to Todd Wegman, president of Stevens Industries.
In 1968, Lake Street Industries (LSI) began providing premium quality laminate casework and storage systems to the commercial market.
LSI developed casework for commercial, education, healthcare, and laboratory applications, with architects and owners being the company’s main customers.
LSI has delivered over 30,000 projects throughout the U.S. and internationally, according to its website.