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October 7, 2026

Lanco Group of Companies Acquires Electro-Tech and Adriatic Steel, Expanding into the Metal Processing Sector with Advanced Automation and Material Handling Solutions

Homewood, Illinois – The Lanco Group of Companies is pleased to announce the acquisition of Electro-Tech and Adriatic Steel, which will both operate under the company ETAS Solutions. Electro-Tech, Inc. provides automation and material handling equipment for centerless grinding and metal processing applications, while Adriatic Steel, Inc. provides centerless grinding services to steel processors.

This strategic acquisition combines Electro-Tech’s and Adriatic Steel’s decades of application expertise and industry knowledge with Lanco’s extensive engineering, manufacturing, commercial, and aftermarket support capabilities. Together, the organizations are positioned to deliver innovative automation solutions while enhancing customer support, project execution, and long-term value.

Electro-Tech and Adriatic Steel: Specialists in Precision Machining for the Metals Industry

Electro-Tech, Inc. is a local Midwestern leader in delivering centerless grinder automation and material handling equipment for the metal processing industry, with a strong track record of custom automation solutions built on precision and reliability for over twenty-five years. Adriatic Steel, Inc. is a service-based company who uses Electro-Tech’s manufactured equipment to provide centerless grinding services to local steel processing companies.

“Electro-Tech and Adriatic Steel bring exceptional technical knowledge, customer relationships, and automation expertise to the Lanco organization,” said Jim Lanigan, Director of Economic Development of the Lanco Group and General Manager of Electro-Tech. “By combining Electro-Tech’s market leadership with Lanco’s infrastructure and resources, we are creating a stronger platform to support our customers today and accelerate innovation for the future.”

In the coming months, Electro-Tech and Adriatic Steel will launch a renewed product roadmap, standardized product offerings, enhanced customer engagement initiatives, and improved digital and commercial resources designed to make it easier for customers to identify, evaluate, and implement automation solutions.

About Electro-Tech

Electro-Tech provides advanced automation and integrated material handling solutions for the metals processing industry. Their solutions are designed to reduce labor requirements, increase productivity, improve part quality, enhance safety, and deliver measurable operational efficiency for manufacturers throughout North America.

About Adriatic Steel

Founded in 2007, Adriatic Steel specializes in centerless grinding using automated material handling for metal processing applications. The company delivers ISO-certified solutions designed to improve production efficiency, consistency, and quality while supporting the demanding requirements of modern manufacturing operations.

About The Lanco Group of Companies

The Lanco Group of Companies is a multinational conglomerate, overseeing numerous affiliated entities spanning four diverse industries: heavy equipment, terminal automation, supply chain, and sports & entertainment.

Media Contact

Rudy Bambic | ETAS Solutions Sales Manager| rbambic@etassolutions.com

Jim Lanigan | ETAS Solutions General Manager | (708) 596-5200 | jimlanigan@thelancogroup.com

Rebecca Rossi | Lanco Group of Companies Marketing Director | (708) 225-9840 | rrossi@mjmc.com