Spring Manufacturing Industry
NAICS: 332613
For additional companies see the Spring & Wire Product Manufacturing Industry
Contents
Spring Manufacturing Market Share: Largest Companies in the Spring Manufacturing Industry
Company |
Headquarters | Revenue ($ MM) |
---|
MOTION DYNAMICS | Fruitport, MI | 100 |
NEWCOMB SPRING | Alpharetta, GA | 60 |
DUDEK & BOCK SPRING MANUFACTURING | Chicago, IL | 46 |
MICHIGAN SPRING & STAMPING OF MUSKEGON | Muskegon, MI | 33 |
SEI HOLDINGS | Dallas, TX | 21 |
QUALITY SPRING/TOGO | Coldwater, MI | 20 |
YAZDI FAMILY | Paramount, CA | 16 |
ALTA MIRA | Spencer, OH | 9 |
SOUTHERN ATLANTIC SPRING MFG. & SALES | Granite Quarry, Nc, NC | 9 |
LESJOFORS SPRINGS AMERICA | Pittston, PA | 9 |
CIRCLE M SPRING | Warsaw, IN | 8 |
SPRING WORKS UTAH | Woods Cross, UT | 8 |
J & J SPRING ENTERPRISES | Shelby Township, MI | 8 |
DONOVAN SPRING | Londonderry, NH | 7 |
COILS PLUS | Wolcott, CT | 6 |
AARD INDUSTRIES | Temecula, CA | 6 |
SERVICE SPRING WEST | Maumee, OH | 6 |
SPRING DESIGN & MANUFACTURING | Shelby Township, MI | 5 |
DAYON MANUFACTURING | Farmington, CT | 5 |
This is a list of the largest companies active in the Spring Manufacturing industry. This differs from market share in the following example:
One business with revenues of $100 million generates 10% of its business from the Spring Manufacturing industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.
Growth: Fastest Growing Spring Manufacturing Companies
A list of competitors in the Spring Manufacturing industry that are rapidly expanding. Businesses may grow organically or through acquisition.
Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly.
Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.
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Small Business Financing
Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Spring Manufacturing businesses may use the financing to cover startup expenses or the costs of hiring new employees.
Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.
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Venture Funding
These Spring Manufacturing companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally
have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.
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