Phoenix Stamping Group Acquires Stampsource in Charlotte, NC
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ATLANTA (PRWEB)
December 18, 2020
We are very pleased to announce that on December 14, 2020, Phoenix Stamping Group, a division of PHX Holdings, purchased Stampsource, a Charlotte, NC based metal stamping and fabrication manufacturer supplying a global customer base.
Phoenix Stamping Group, the largest division of PHX Holdings, is a successful, 34-year old family-owned business founded by Bill Chapman in 1986. His son, Brandyn has been involved in the company since 2001 and assumed the role of President in 2005. Phoenix Stamping is in the metal stamping and fabrication business with sheet metal and rod products serving primarily the material handling, towable trailer, truck aftermarket and agricultural equipment markets. The company currently has over 200 employees and has grown sales by 5x over the past 10 years.