News Release
Stanley Spring and Stamping Announces Acquisition of
Chicago-Based Precision Forming and Stamping
Chicago – (May 19, 2021, 2021) - Stanley Spring and Stamping, a leading supplier of custom metal parts and springs, has acquired Precision Forming and Stamping located at 2419 West George Street in Chicago.
Established in 1963 by the late Robert F. Lewis, Precision Forming and Stamping is a supplier of four-slide, multi-slide and other small stampings and flat springs to the automotive, electrical, HVAC and medical industries. The company has been at its current location since 1980 and under the leadership of second-generation owners Kathy and Brian Hill.
“We are excited to welcome the employees of Precision Forming and Stamping to the Stanley Spring family,” said 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. Like us, they share a strong commitment to quality parts, customer service and on time delivery.”
Banas said existing Precision Forming customers will have a seamless transition in delivered products from Stanley Spring’s 85,000 sq. ft. facility at 5050 West Foster Avenue in Chicago.
For more information on Stanley Spring and Stamping, visit www.stanleyspring.com.
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About Stanley Spring and Stamping
Established in 1944, Stanley Spring and Stamping Corporation is a premier supplier of custom fabricated springs, stampings, wire forms, fasteners and assemblies to a variety of industries. Family-owned and operated, the company utilizes 80 years of independent business and industry experience to provide clients with competitive pricing with quality products that are delivered on-time, all the time. The company’s dedicated team of experts is available to assist in the design of custom springs or metal formed stampings. For more information, visit www.stanleyspring.com.
For Further Information, Contact:
Reb Banas, President
Stanley Spring and Stamping
773-777-2600
Reb@StanleySpring.com