
History
R & A Industries sold Schultz Mechanical Wire in 1990 to Eagle Ventures, a limited partnership based in Pittsburgh, PA. Shortly after the sale of the company, our space had again become limited. The new owners decided to build a new facility. As the land was purchased and plans drawn a recession hit not only our communitybut our nation. Plans continued and in May 1991 a new 20,000 square foot, one story, preformed concrete manufacturing facility was built in the Austinburg Coffee Creek Industrial Park, adjacent to the UPS Terminal. By the time the facility was built and the move On September 1, 1995 Schultz Mechanical Wire purchased the assets of Frederick Specialties, Incorporated, a small spring company which manufactured car door lock springs, located in Ashtabula, OH. In February of 1997 Eagle Ventures announced that the company was for sale to the highest bidder. With the help of Mr. Richard Kovach’s financial backing, Growth Partnership, Ashtabula County 503 Board, State of Ohio, Mr. Dick Haines of Key Bank, Warren & Young, and Mr. Paul Demshar, CPA, the funding was put together for the purchase of the company. The bid was accepted and on July 1, 1997, Mr. Kovach (a local businessman and manufacturer) and the Management Team (J. Russell Bryer, Ed Hall, Nancy Sidley and Gary Van Buren) purchased the company and established the As time went by we again found ourselves overcrowded and working with limited space. On June10, 1998, earth moving equipment broke ground for a 20,000square foot addition. This addition would now double the size of Spring Team. Initially the addition was used for warehousing and gradually grew into additional production and shipping areas.
On September 28, 1999, at a dinner ceremony of 740 people, Spring Team was awarded “Best of County” by Growth Partnership of Ashtabula County, Ohio. “The ‘90s: A Remarkable Decade” served at the theme for the 11th annual awards banquet honoring the county’s top businesses and economic development leaders. Spring Team Incorporated purchased Sanborn Wire Products, Incorporated of Rock Creek, Ohio on April 25, 2003. Once consolidated into one location in the Austinburg, Ohio facility, the acquisition allowed Spring Team to remain competitive and permit us to grow with our customers. Now making us a fully integrated CNC spring manufacturer, ISO 9002 certified and team driven organization.
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