Stanley Spring and Stamping Acquires Precision Forming and StampingMay 20, 2021
Stanley Spring and Stamping, Chicago, IL, a supplier of custom metal parts and springs, has acquired Precision Forming and Stamping, also in Chicago, a supplier of four-slide, multi-slide and other small stampings and flat springs to the automotive, electrical, HVAC and medical industries.
“We are excited to welcome the employees of Precision Forming and Stamping to the Stanley Spring family,” says Reb Banas, president of Stanley Spring and Stamping. “As a small, family-owned business with more than 50 years of experience, Precision Forming is a strategic and complementary fit to bolster our stamping capabilities.”
Existing Precision Forming customers will have a seamless transition, adds Banas, in delivered products from Stanley Spring’s 85,000-sq.-ft. facility.