Iowa Spring Acquires Northeast Spring in Pennsylvania - Modern Distribution Management

Log In

Iowa Spring Acquires Northeast Spring in Pennsylvania

The Northeast name and management team will remain intact with founder John O'Leary remaining onboard for the next three years.
logos (57)

On Sept. 18, precision spring manufacturer Iowa Spring announced that it has acquired Reading, Pennsylvania-based Northeast Spring.

Financial details were not disclosed.

The acquisition, which closed Sept. 15, expands Iowa Spring’s growing presence as the premier supplier of precision-made springs for the overhead door, construction, agriculture, and recreational equipment industries, the company said.

Serving the overhead door industry, Northeast Spring operations include both its Reading headquarters as well as its Villa Rica, Georgia, facility. The company name and management team will remain intact with founder John O’Leary remaining onboard for the next three years “to ensure a smooth transition,” Iowa Spring said.

“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 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.”

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.


Related Posts

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.