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February 2014

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Lapham-Hickey Steel Acquires Industrial Spring Steel



Lapham-Hickey Steel Corporation has purchased the assets of Industrial Spring Steel.

Industrial Spring Steel, located in Philadelphia, PA, was founded in 1958 and is a supplier of high carbon tempered and annealed spring steel primarily throughout the East Coast.

Lapham-Hickey Steel is a family owned and operated full line service center that was founded in 1926 in Chicago, IL. "The acquisition of Industrial Spring Steel will strengthen Lapham-Hickey's presence and coverage on the East Coast and reinforce its position as the leading provider of high carbon tempered and annealed spring steels throughout the country," said a company spokesperson.

"We could not be more excited to welcome Industrial Spring Steel - their employees, customers and all partnerships - to the Lapham-Hickey family," said Brian Hickey, who will assume the responsibilities of General Manager for Industrial Spring Steel in Philadelphia. "For over 85 years, supplying specialty strip and high carbon spring steels has been at the core of our business. This acquisition will further enhance our product offering and service levels to our customers and the marketplace as we move forward."

For more information contact:

Lapham-Hickey Steel Corporation

5500 West 73rd Street

Chicago, IL 60638

800-323-8443

sales@lapham-hickey.com

www.lapham-hickey.com

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