Lee Spring Acquires D. R. Templeman Company
Acquisition Further Expands Miniature Spring and Medical Sector Expertise
Brooklyn, NY, February 2, 2023 --- Lee Spring, a global leader in stock and custom springs, has acquired Connecticut-based D. R. Templeman Company. Templeman, founded in 1938 and located in Plainville, Connecticut, specializes in the design, engineering, and manufacturing of springs, spring guides, rings and wire forms made from fine wire. Templeman has proprietary technology and deep experience in the manufacture of spring guides, also known as catheter coils and cable sheaths.
Templeman brings its more than 80-year track record of engineering experience and quality products to the growing Lee Spring operation. The acquisition expands the capabilities for both Lee Spring and Templeman with an expansion in both the products and services they can offer their respective customers.
“Templeman boasts an outstanding team and their highly skilled specialization in miniature springs is in perfect alignment with Lee Spring’s growing business in medical devices, electronic components and switches and inspection instruments,” said Steve Kempf, CEO of Lee Spring. “Their deep expertise in these critical sectors combined with their unsurpassed reputation for quality make this acquisition a natural fit for both companies.”
Consistent with Lee Spring’s long-term strategic vision, the merger will allow Templeman to continue to grow and expand services to their customers by joining with Lee Spring’s operations and wide range of products and capabilities, as well as a global presence. The combined operations will allow both companies to offer more products and services to their respective customers.
Richard Williams, President of Templeman stated, “in order for a transition of any business to be successful, it must be designed to meet the needs of both employees and customers. Templeman has very talented employees and many long-standing innovative customers. I am confident that the needs of both groups will be well served by the combined strengths of D. R. Templeman and Lee Spring.”
The acquisition is effective as of December 1, 2022. Lee Spring will welcome all of the Templeman employees and will continue to operate from their current facility.
About Lee Spring
Lee Spring is a global manufacturer of mechanical springs and related products. Lee Spring carries a line of 25,000+ stock springs and manufacturers custom springs made to customer specifications. Established in 1918, Lee Spring is an ISO 9001:2015 certified company headquartered in Brooklyn, NY USA and has multiple facilities in the United States, as well as locations in the UK, Germany, Mexico, China and India.
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