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Global Highlights North America In a joint statement to their customers, Debbie Cardile, senior advisor of Interwire, and Bill Torres, president of Gibbs, announced in October 2021 the merger of the two companies. According to the statement, “Combined Metals, through its subsidiary Gibbs Wire & Steel Company LLC (Gibbs), has purchased the assets of Inter-Wire Products, Inc. (Interwire). This purchase unites two preeminent metal service centers in North America.” The letter also said, “Our goal in this combination is to be your strategic partner for all your wire and strip purchases…. We are very excited by this combination. We will be working closely with you to answer any questions. For example, we want to assure all Interwire customers that we will fulfill all open purchase orders and will continue to service all your future wire needs.” MW Industries, a leading provider of precision components, announced in November 2021 the acquisition of Fox Valley Spring Company, LLC, a principal supplier of springs, wireforms, and flat springs. The acquisition of Fox Valley Spring Company closed on Oct. 29, 2021 and expands MW Industries’ existing automation and manufacturing capabilities for springs and wireforms. The combined company will offer extensive expertise in complex precision spring manufacturing for a variety of spring types, including extension springs, torsion springs, wireforms and die springs. Fox Valley Spring will join MW Components, the division of MW Industries focusing on manufacturing highly engineered precision components at speed and scale. “Fox Valley Spring is well-known for their experience in creating the highest quality, custom-made springs. Fox Valley Spring’s technology and expertise will
allow us to better support our customers as they seek custom springs made from specialty materials, manufactured to tighter tolerances,” said Simon Newman, CEO of MW Industries. “We’re thrilled to welcome Fox Valley Spring to the family and look forward to growing together as we provide more products and services to our customers.” Fox Valley Spring Company is a nationally recognized expert in custom spring manufacturing. With the latest CNC coiling and automation technology, Fox Valley Spring can manufacture complex precision springs in a single operation. The expert engineering and manufacturing professionals at Fox Valley Spring can design and manufacture custom springs to each customer’s unique requirements. “Our goal has always been to provide the best products and services to our customers — joining the MW family allows us to do more for them than ever before,” said Keith Wincentsen, president of Fox Valley Spring. “As one company, our customers will now be able to purchase products from any MW location and request specialty springs that leverage our capabilities as well as those offered throughout the MW family. We’re excited to provide those resources to our customers and bring our capabilities to serve the greater MW customer base.” Automatic Spring Products Corp. (ASPC) of Grand Haven, Michigan announced in Nov. 2021 that CFO Scott Zylstra has been elevated to the role of president and CFO, to allow longtime president and CEO Steve Moreland to focus exclusively on the strategic future of the company. In his new role, Zylstra will add responsibility for leading the day-to-day operations to his existing financial duties at ASPC. This will enable Moreland to
Scott Zylstra
Steve Moreland
concentrate his efforts on the company’s strategic future from the standpoint of technology, products, processes, customers and markets to enhance long-term profitability. Moreland will remain CEO and leverage his lifetime of competitive market knowledge and technical expertise on growth opportunities. ASPC is a technology-focused, high-volume manufacturer of customdesigned springs, wireforms, flat springs, stampings and assemblies with more than 350 employees working in plants located in Grand Haven and Monterrey, Mexico. “Scott has excellent business expertise combined with great people skills that will enable him to focus on developing our people and building great teams,” said Moreland. “Scott has a positive can-do leadership style that focuses on planning, accountability and results. I am pleased he has accepted this new challenge to help take ASPC to our next level of growth and excellence.” Zylstra brought more than two decades of leadership in finance and
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