Harris Springs acquires specialist spring manufacturer |
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As part of their expansion plans, precision spring manufacturer, Harris Springs Limited of Reading, has acquired Ray Lea Springs & Pressings Limited of Maidenhead.
Over the last 45 years, Ray Lea Springs & Pressings has built a reputation for manufacturing complex wire shapes and a range of torsion springs.
Commenting on the acquisition, Harris Springs Managing Director, Philip Harris said:
"Today's customers are more demanding in terms of price, delivery and service. In addition to manufacturing precision-engineered springs, they expect us to hold stock on their behalf, operate just-in-time delivery, manage all QA administration and provide special procurement services.
"To remain at the forefront of our industry, we have to offer a wider range of spring products and constantly seek new ways of adding value. The acquisition of Ray Lea Springs is part of that strategy, it is a well-respected company with a strong customer base and a good reputation within the industry. Furthermore, the acquisition will provide new products and additional production capacity.
"By merging the two operations we are able to offer a much wider range of spring and wire shapes. This will improve our service to existing customers through a more comprehensive solution to their spring requirements, and will attract new customers seeking a one stop solution to their spring needs."
Operations of the two companies are being consolidated onto a single site at Harris Springs' modern, purpose-built manufacturing facility outside Reading.
For further information contact:
Kathy Dare, Marketing Manager tel: 07866 423581 e-mail: kathyd@harris-springs.com
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