Wauseon Machine splits into two separate companies

Cornerstone holding company announces Integrion Automation and Steelcrest Precision in strategic reorganization
Jan. 21, 2026
2 min read

Wauseon Machine, a provider of robotic automation, tube forming technologies and precision machining and fabrication since 1983, is reorganizing to position the company for its next phase of growth. The business will now operate as two dedicated companies: Integrion Automation and Steelcrest Precision, reflecting a strategic focus designed to enable each company to strengthen its expertise, accelerate investment and deliver deeper partnership to customers.

“This reorganization is a natural and strategic step in our evolution. Our customers’ needs continue to grow more complex, and this transformation strengthens our ability to meet them with unmatched depth and clarity” said Peter Paras III, CEO, Cornerstone, the holding company which owns Integrion Automation and Steelcrest Precision. “As independent companies, Integrion Automation and Steelcrest Precision can focus fully on their distinct markets while continuing to be guided by the shared values of quality, ingenuity and trust that have defined Wauseon Machine since 1983.”

By creating Integrion Automation and Steelcrest Precision as distinct companies, Cornerstone plans for each to invest more deeply in the technologies, capabilities and people that will deliver the greatest value to customers.

Integrion Automation represents the next chapter for Wauseon Machine’s Automation, Field Service and Tube End Forming operations (Figure 1). Operating as an independent company within Cornerstone, Integrion Automation carries forward the same team, capabilities and spirit that has defined its legacy.

Steelcrest Precision builds on Wauseon Machine’s decades of experience in precision machining and fabrication (Figure 2). Operating as an independent company, Steelcrest Precision will deliver machining and fabrication from concept and design through assembly and inspection, supported by expanded investments from Cornerstone in technology, talent and manufacturing capabilities.

“This reorganization gives each business the independence to grow in the ways their markets demand,” Paras added. “But they remain connected by a common heritage. That combination of independence and shared values will continue to serve our customers for decades to come.”

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