November 2013 - Lapham-Hickey Steel Corporation purchased the assets of Industrial Spring Steel.
Industrial Spring Steel, which is located in Philadelphia, 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. The acquisition of Industrial Spring Steel will strengthen Lapham-Hickey’s presence and coverage on the East Coast and reinforce their position as the leading provider of High Carbon Tempered and Annealed Spring Steels throughout the country.
“We couldn’t 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.”