NEWS

Service Stampings, Inc. Experiences Record Sales for Fiscal Year 2014

WILLOUGHBY, OH - Service Stampings, Inc., an Ohio-based short-run metal stamping manufacturer and steel fabricator, has achieved record sales for fiscal year 2014.

As of June 30, 2014, Service Stampings realized a 40% increase in sales over FY 2013. Service Stampings has also achieved its budgeted goal of 144 new part numbers.

The largest area of increase was in the electrical power distribution industry, which has experienced rapid growth in 2014 due to the construction of new commercial buildings. Additionally, as the improving economy freed up more capital, Service Stampings was well-positioned to become the vendor of choice.

"Looking back, we were strategic during the downturn, cultivating future business and preparing customers so that they would be ready for when the economy recovered," said Rob Stohlman, VP of Sales. "We are benefitting from that planning now and we are happy to report that this year we have been awarded several big projects thanks to our on-time delivery, excellent customer service, and high-quality programs and processes."

Founded in 1957, Service Stampings is an industry leader in precision metal stamping and steel fabrication and provides a wide array of services, ranging from design and engineering assistance to secondary services like multiple-spindle drilling and tapping along with assembly and finishing.