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Fadal Engineering Co Inc

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BUSINESS
December 21, 1993 | H.G. REZA, TIMES STAFF WRITER
ThS. machine-tool industry--the arcane business that makes machines that make other machines--calls it Fadal's Attraction. Fadal Engineering Co. Inc., a 33-year-old family-owned business, has bolted out of the blue to almost single-handedly overtake the Japanese in a market that they dominated for most of the 1980s.
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BUSINESS
April 27, 1995 | Times Wire Reports
Giddings & Lewis Inc. has acquired Chatsworth-based Fadal Engineering Co., a leading maker of equipment that makes machine parts, for $180 million. Fadal produces about 54% of all U.S.-made vertical machining centers, which make machine parts, and about 33% of those sold. It has been especially successful in the small vertical machining center market, which Giddings does not currently serve.
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BUSINESS
December 23, 1993 | H.G. REZA, TIMES STAFF WRITER
The machine-tool industry--the business that makes machines which make other machines--might call it "Fadal Attraction." Fadal Engineering Co., a 33-year-old family-owned business, has bolted out of the blue to almost single-handedly overtake the Japanese in a portion of the market that they dominated for most of the 1980s.
BUSINESS
December 23, 1993 | H.G. REZA, TIMES STAFF WRITER
The machine-tool industry--the business that makes machines which make other machines--might call it "Fadal Attraction." Fadal Engineering Co., a 33-year-old family-owned business, has bolted out of the blue to almost single-handedly overtake the Japanese in a portion of the market that they dominated for most of the 1980s.
BUSINESS
April 27, 1995 | Times Wire Reports
Giddings & Lewis Inc. has acquired Chatsworth-based Fadal Engineering Co., a leading maker of equipment that makes machine parts, for $180 million. Fadal produces about 54% of all U.S.-made vertical machining centers, which make machine parts, and about 33% of those sold. It has been especially successful in the small vertical machining center market, which Giddings does not currently serve.
BUSINESS
July 5, 1994 | JILL LEOVY, SPECIAL TO THE TIMES
Gene Haas was working late in his Chatsworth office one night in November when the window abruptly shattered and a shot zinged over his head. One more reason to leave Los Angeles, thought Haas, founder and president of Haas Automation, a booming machine tool manufacturer. Eight months later, Haas has made up his mind. Haas Automation will leave the area within the next two years. The company is searching for a new site to lease or purchase.
BUSINESS
December 21, 1993 | H.G. REZA, TIMES STAFF WRITER
ThS. machine-tool industry--the arcane business that makes machines that make other machines--calls it Fadal's Attraction. Fadal Engineering Co. Inc., a 33-year-old family-owned business, has bolted out of the blue to almost single-handedly overtake the Japanese in a market that they dominated for most of the 1980s.
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