This Israeli company has 75 years of experience in quality spring production, and has clients across global and industrial sectors. Their products include springs, compression springs, extension springs, torsion springs, flat springs, and form springs. As a result of providing need-based spring solutions and manufacturing assemblies, the company currently has over 50,000 different spring specifications for companies in various industries such as, automotive, aerospace, defense, medical, irrigation, agriculture, cellular, telecom, electronics, electrics, locks and furniture. The most lucrative industry is the automotive industry, accounting for 40% of the company's turnover. The company’s advanced manufacturing machinery is among the top in the world: implementing intensive use of computerization in production control with an ERP management, along with a unique software system to define required features and develop them specifically for the needs of the customer. The company is looking for the following partners:
• Manufacturers of spring’s based assemblies.
• Supplier of springs for automotive and aviation industries
• Joint venture with producers of gas springs and shock.
The motivation of the company for seeking such partnerships include expansion to new domestic markets, new product development and an increase of products portfolio, developing markets for a new product, combining complementary R&D products/process technologies, acceleration of revenue growth, and the ability to increase profit margins. The company is looking to partner with a company located in Germany, Poland, Hungary, USA, or India.