KINGSFORD — Lake Shore Systems Inc. has announced its integration into Trident Maritime Systems.
lake shore, “a leading designer and manufacturer of heavy equipment for the marine and mining industries since 1858, has worked alongside Trident for decades,” officials said in a press release.
Trident and Lake Shore will join forces to “to provide a comprehensive network of integrated services that will better serve their customers worldwide,” states of release.
“Together, the companies will continue to provide the exceptional service and high-quality products that customers have come to expect.”
Lake Shore began trading as the Lake Superior Foundry Company in Marquette on July 14, 1858. The company changed ownership over the years, but maintained its main manufacturing and engineering facilities on the Upper Peninsula for over 160 years.
Current major locations include Kingsford, Iron River and Ontonagon, and Rhinelander, Wisconsin.
While the company has adapted to changing markets over time, the focus has always been on marine and mining equipment, officials said.
At first, Lake Shore made equipment for iron ore mines and Great Lakes freighters. In 1910, the company became Lake Shore Engine Works. In 1938 Iron Mountain’s Service & Supply Company merged with Lake Shore Engine Works and the company became known as Lake Shore Engineering Company.
Wayne Oldenburg purchased the company in 1987 when it became part of Oldenburg Group Incorporated. JF Lehman & Company acquired the company in 2016, bringing it back to the Lake Shore name. JF Lehman & Company also owns Trident Maritime Systems.
Effective January 1, the company was renamed Trident Maritime Systems – Heavy Equipment Group.
New signs were due to be installed at each facility earlier this month and integration efforts will continue this year.
All Lake Shore facilities will remain open, all employees will be retained and the business “will continue to hire talented people who want to make a difference”, officials said in the statement.
The new Trident Maritime Systems – Heavy Equipment Group will continue to operate as a designer and manufacturer of “safe, reliable and innovative equipment and solutions for its global marine and mining customers”, states of release.
Lake Shore products are found on all U.S. Navy surface vessels and include shipboard cranes, anchor handling systems, elevators, ramps and doors, to name a few. .
The Company’s Cannon Mining product line includes drill jumbos, roof bolters, ANFO rigs, scalers and utility trucks for the underground hard rock mining industry. The company employs approximately 500 people, primarily in Michigan’s Upper Peninsula and northern Wisconsin.
Current Lake Shore President and CEO Jessica Frost credits her “exceptional people, past and present, with the company’s success.”
“It’s a great group of people who care about our work and our customers, and it shows,” she said in the statement. “As we begin the new year, we are thrilled to join the Trident family and look forward to many more successful years.”
For more information: see www.lakeshoresystems.com; www.tridentllc.com and; www.jflpartners.com.