Lee Spring, a global leader in stock and custom springs, has acquired U.S.-based D.R. Templeman Company, which specializes in the design, engineering and manufacturing of springs, spring guides, rings and wire forms made from fine wire.
A press release said that Templeman, founded in 1938 and based in Plainville, Connecticut, has proprietary technology and deep experience in the manufacture of spring guides, also known as catheter coils and cable sheaths. The acquisition expands the capabilities for both Lee Spring and Templeman with an expansion in both the products and services they can offer their respective customers. All Templeman employees were invited to continue to operate from their current facility.
“Templeman boasts an outstanding team and their highly skilled specialization in miniature springs is in perfect alignment with Lee Spring’s growing business in medical devices, electronic components and switches and inspection instruments,” said Lee Spring CEO Steve Kempf. “Their deep expertise in these critical sectors combined with their unsurpassed reputation for quality make this acquisition a natural fit for both companies.”
The combined operations will allow both companies to offer more products and services to their respective customers, the release said. “Templeman has very talented employees and many long-standing innovative customers,” said Templeman President Richard Williams. “I am confident that the needs of both groups will be well served by the combined strengths of D.R. Templeman and Lee Spring.”
Founded in 1918, Lee Spring is based in Brooklyn, New York, with multiple facilities in the U.S., as well as locations in the U.K., Germany, Mexico, China and India.