LGC US Asset Holdings, LLC
LGC US Asset Holdings, LLC
Lamons ISOTEK has launched the evolution of torque calculation and installation, all in the palm of your hand. The ISOTORQUE® App is an industry first, putting the customer first. Download today at the App Store or Google Play.
Dear Valued Customers:
Lamons is fully aware of the concerns of the potential impact that the Coronavirus COVID-19 could have on the industry. Our Business Continuity Plan (BCP) that employs our network of 20 branches affords us the flexibility to appropriately relocate production, if required, to continue to supply without disruption the components you need to maintain production readiness. We have also worked with our supply chain to ensure that our partners have appropriate mitigation plans.
I can assure you that Lamons recognizes the importance of supporting our Valued Customers during this challenging time and will take all necessary steps to maintain the contiunty of our business.
Sincerely,
Marc A. Roberts
CEO
Dear Valued Customer,
Our parent company, TriMas, has recently announced it has entered into a definitive agreement to sell Lamons to First Reserve, a Houston, Texas headquartered private equity investment firm that exclusively focuses on energy investing.
First Reserve has been solely focused on energy for more than 35 years. With its current portfolio of businesses located throughout 40 countries on six continents and a single industry focus, First Reserve offers extensive knowledge in our marketplace and the opportunity for Lamons to further enhance our ability to serve our customers.
Lamons will continue to operate as usual and we are excited to continue working with your company. Lamons’ priorities remain focused on safety, quality, on-time delivery and customer service. We will maintain excellent service levels to support your business needs.
The closing is expected to occur by the end of the first quarter of 2020. The individual contacts you have had will remain the same. Please contact your Lamons representative if you have any questions.
We appreciate your business and look forward to continue fulfilling your industrial sealing and fastener solution needs.
Sincerely,
Marc Roberts
President
Lamons
Thomas Amato
President & CEO
TriMas
CorruKamm™ Vs. the leading thermal cycling gasket solution offered by competitors
Dear Valued Lamons Customer,
On March 22, 2018, President Trump signed a memorandum announcing that the United States would take multiple steps to protect American technology and intellectual property from certain discriminatory and burdensome trade practices by China. These actions were announced following a report by the Office of the U.S. Trade Representative (USTR) regarding China's acts, policies and practices with respect to technology transfer, intellectual property and innovation. Therefore, effective September 24, 2018, the U.S. will be imposing a 10%, (with additional 15% on January 1, 2019) tariff on certain finished good products imported from China under Section 301, section III of the Trade Act of 1974.
The Lamons impacted items are:
Due to this tariff implementation, there may be items you purchase from Lamons that could be affected by this tariff. Please contact your Lamons Sales Representative for the changes to your affected products. The pricing changes will be effective Nov 5, 2018.
Lamons is committed to continuing to meet our Customers' requirements while also delivering a top-quality product, therefore, we made this decision after thoroughly considering all options. Additionally, we will keep you informed of any other impacts that might result from additional tariffs being imposed by our government.
Thank you for being our Valued Customer!
Sincerely,
Marc A. Roberts
President