Iowa Spring Acquires Northeast Spring

Iowa Spring recently announced that it has acquired Northeast Spring of Reading, PA.

The acquisition of Northeast Spring closed on September 15, 2023, and expands Iowa Spring’s growing presence as the premier supplier of precision-made springs for the overhead door, construction, agriculture, and recreational equipment industries across the globe.   

“Our team has worked tirelessly for more than two decades to build a highly respected company that is focused on family values, quality and integrity,” said founder John O’Leary. “With so many spring companies being acquired by large private equity groups, it was essential to me to find a like-minded buyer that could be trusted to keep our team intact and who could uphold our company’s legacy and reputation. Iowa Spring is a perfect match, and I am confident in knowing that Northeast Spring will be in good, capable hands moving forward.”

Following the acquisition, Iowa Spring President & CEO Tim Bianco will oversee operations of Northeast Spring in addition to its three existing facilities: the original Iowa Spring facility, its recent 55,000 square foot nearby expansion facility, and its sister company Southern Atlantic Spring of Granite Quarry, North Carolina.

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