HS Metalworks Forms Alliance with Opex to Expand Induction-Tempered Spring Wire Capacity

March 25, 2021  by Laurie Northington in Business Strategy, Industry   

Along with expanding HS Metalworks’ capacity, the strategic alliance enables it to better serve its spring-wire customers based in the Midwest.

“This new strategic alliance provides us with additional capacity, as well as a major geographical advantage, that will support our customers’ growing demand for this product,” said Tim Becker, president of HS Metalworks. “It also cements our position as one of the largest producers of induction-tempered spring wire in North America, at a time when there is a real shortage in supply due to the recent spike in demand for home furnishings, products used for housing upgrades and automotive products as a result of the COVID-19 pandemic.”

Becker added that the alliance gives HS Metalworks what he terms a “triangle” of manufacturing facilities for spring wire. HS Metalworks also manufactures this product at its facilities in Conover, North Carolina, and Phoenix, Arizona. Production and shipments from the Bedford Heights factory began in late-February.

HS Metalworks will be Opex’s sole and exclusive customer for induction-tempered spring wire, which is used to manufacture overhead springs for garage doors and has applications in the furniture, automotive, agricultural and construction industries in products which require springs that have a large load-bearing capacity.

HS Metalworks manufactures this wire by drawing it to a certain size and heat-treating it through the induction heating method, which brings the wire to a specific tensile range that allows it to operate under a heavy load or over an extended life cycle.

Opex is a business formed using some of the wire making assets formerly owned and operated by American Spring Wire Corp. “We are very excited to expand our production capabilities and further service our customers through this strategic alliance,” Becker said. “The Opex team, from the executive level to the production floor, is one of the most highly respected wire manufacturers in the industry. Dedicated to manufacturing high-quality products with an emphasis on customer service, this collaboration aligns well with both of our companies’ core values and we look forward to continued growth together.”

“I am very pleased to have joined forces with HS Metalworks and to put our wire making assets, and our people, back to work.” said Tim Selhorst, CEO of Opex. “Demand for induction-tempered spring wire has grown dramatically, and to be part of this alliance is a terrific opportunity for Opex Steel Processing and, we believe, HS Metalworks.”