The Portelvator and Die Part, both registered product lines, were originally sold by Hamilton Tool in 1977 to Machine Tool Corporation also of Hamilton.  Hamilton Tool which was eventually acquired by Stevens Graphics in 1986, subsequently moved production to Texas.

Ray "Lou" Conrad, president of Lou's Machine, said, "It will be a perfect fit for our current machining capabilities and allow us to diversify our business."  Machine Tool will continue distribution of the product lines through the established network of independent sales representatives, meaning Lou's Machine also acquired new customers in the acquisition process.

Conrad said he has hired one worker as a result of the purchase, and he hopes it will result in four or five more hires in the near future. 

With these product lines the business is now considered an OEM, allowing him to receive better discounts on materials. Most important is the fact that the production line, formerly owned by Hamilton Tool,  will still be a Hamilton, Ohio product.