Phoenix Stamping Group acquires Stampsource
Metal stamper and fabricator Phoenix Stamping Group, a division of PHX Holdings, has purchased Stampsource, a Charlotte, N.C.-based metal stamping and fabrication manufacturer.
Located in Atlanta, Phoenix Stamping offers sheet metal and rod products serving primarily the material handling, towable trailer, truck aftermarket, and agricultural equipment markets. The company currently has more than 200 employees.
This acquisition adds 50 employees, as well as capacity and redundancy, in metal stampings, fabrication, tool and die design, and kitting and assembly. Stampsource will be integrated as Plant 04 of Phoenix Stamping Group with Michael Pinkerton continuing to serve as general manager of the facility.
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