 Later South Bend Lathe became a division of LeBlond Limited, which is part of the Makino corporation, a multinational machine tool–building firm.In 2009, the brand was sold to Shiraz Balolia, founder of the machinery firms Grizzly Industrial Inc. and Woodstock International Inc.Under LeBlond, South Bend Lathe still produced precision machine tools, although it was not the giant of market share that it once had been during the 1920s through 1950s.