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Trio of Manufacturers Form Springmaking JV

Trio of Manufacturers Form Springmaking JV

Tuesday, September 9, 2008
 
The spring-manufacturing business of GR Spring & Stamping Inc., Grand Rapids, MI, has entered into a joint venture with Stumpp, Schuele, & Somappa (SSS) USA Inc., and MultiTech Industries, Inc., Carol Stream, IL. SSS USA Inc., a subsidiary of Stumpp, Schuele & Somappa Pvt. Ltd, the largest spring-manufacturing company in India, will hold a majority position in the new venture, named Stumpp, Schuele, & Somappa Spring & Wire LLC (SSS Spring & Wire LLC), and headquartered in Walker, MI. GR Spring & Stamping operates facilities in Michigan, Kentucky and Chihuahua, Mexico; www.grs-s.com. Stumpp, Schuele & Somappa Pvt. Ltd operates 11 plants in India and one in Germany; www.sss-india.com. Learn about MultiTech Industries and its strategic alliances at www.multitechind.com.

 

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