GRAND RAPIDS, Mich., March 3, 2014 /PRNewswire/ -- Gill Holding Company (http://www.gill-industries.com) announced today that it has acquired GR Spring & Stamping (GRS&S), a Tier 1 manufacturer of metal stampings and assemblies. Terms were not disclosed.
The combined company globally employs more than 1,500 at facilities located in Michigan, Kentucky, Georgia, Mexico, India, China, South Korea and Europe. The transaction strengthens Gill's position as a full-service supplier of engineered, mechanical assemblies to the automotive, furniture and multi-use vehicle markets.
"By acquiring GR Spring & Stamping, we are able to diversify our customer base to include additional OEMs and Tier 1 suppliers, enhance our product offerings, and leverage our shared operational and technical expertise," said Gill Chief Executive Officer, Richard Perreault. "The combination strengthens the competitive position and long-term future of two Grand Rapids companies. Both companies have been part of the community for 50 years and we remain committed to it."
Founded in 1964, Gill Industries (http://www.gill-industries.com) provides world-class manufacturing, prototyping, product and tool design, engineering, testing and analysis. Recently, the company joined the Alliance for Wireless Power, which represents companies dedicated to delivering a flexible wireless power technology to the consumer electronics and automotive marketplace.
Founded in 1960, GR Spring & Stamping is a custom manufacturer of metal stampings and value-added assemblies, serving the automotive, furniture, medical and electronic industries.
SOURCE Gill Industries