Micronics

Bernard Lanigan Jr. has served as President since the firm's founding in 1963. Private-equity firm Vance Street Capital also holds a majority stake, having acquired the business in 2013. Major capital allocation decisions are made jointly by management and the board.

The firm sells original filter press equipment, manufactures proprietary consumables like filter cloths and plates, and fields a dedicated aftermarket service and parts business. This three-part structure means a single mining installation yields equipment revenue up front, then recurring media-replacement and maintenance revenue for the life of the press — often a decade or more.

Core end markets include hard-rock mining, lithium and cobalt chemical processing, municipal and industrial sludge dewatering, and specialty chemicals. The firm's equipment is particularly concentrated in mineral concentrates and hydrometallurgical circuits where solid-liquid separation is the process bottleneck.

Micronics is an operating company with an industrial manufacturing and service footprint across North America. It is not structured as a family office, though its long-tenured President has family ties to the original 1963 founding.

Under Vance Street's ownership, the firm has pursued strategic add-ons, including Southern Filter Media and the integration of its Mexican engineering operations. The playbook has been to bolt on niche filtration businesses that deepen its vertical integration or expand its geographic service radius.