Iowa Spring announced Sept. 18 it has acquired Northeast Spring of Reading, Penn.
The acquisition of Northeast Spring closed on Sept. 15, 2023, and expands Iowa Spring's presence as a supplier of precision-made springs for the overhead door, construction, agriculture and recreational equipment industries.
Northeast Spring is a family-owned and operated business that has supplied custom-made springs for over 25 years. Primarily serving the overhead door industry, Northeast Spring operations include both its Reading, Penn., headquarters as well as its Villa Rica, Ga., facility. The company name and management team will remain intact with founder John O'Leary remaining onboard for the next 3 years to ensure a smooth transition.
Following the acquisition, Iowa Spring President & CEO Tim Bianco will oversee operations of Northeast Spring in addition to its three existing facilities: the original Iowa Spring facility, its recent 55,000 square foot nearby expansion facility, and its sister company Southern Atlantic Spring of Granite Quarry, N.C.