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Ohio Screw Products, Inc.
A
History of Success Since 1945!
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Ohio Screw Products (OSP) was founded as a screw
machine job shop in 1945 by H. A. Hewitt. The shop
was originally located in rented quarters of about
6,000 sq. ft. In 1952, the company moved to a new
16,000 sq. ft. facility at its current location at
818 Lowell St., Elyria, Ohio. By 1969, the
company had expanded to 28,000 sq. ft. and employed
about 11 people with a sales revenue of $2.5 million.
The company was acquired by the Samuel Moore Company
in 1974. Little progress or development occurred
until it was purchased by the current shareholders
in 1977. By that time sales reached $4.5 million.
The initial emphasis of the new management was to
streamline operations as well as to expand and
upgrade production equipment, and, of course, to
increase sales.
In 1981, the facility was expanded to 65,000 sq.
ft. and sales reached a decade high of $5.5 million.
Employment leveled off at 85 shop and office
personnel.
The company continued its emphasis on job shop
operations through the 1990's and reached the $10
million sales mark in 2000. During this
period, OSP's customer base remained very diverse
with over 100 active customers and more than 1,000
different parts, all made to customer satisfaction.
OSP's sales efforts are supported through a
network of highly trained, knowledgeable
manufacturers representatives
dedicated to provided excellent service before,
during and after the sale. Over 90% of OSP's business is located
in the Eastern half of the United States.
In 2002, OSP took another major step forward and
acquired an established product line from one of its
key customers, Jiffy-TiteTM.
OSP now produces the components for the
Jiffy-TiteTM
brand as well as assembles the final product.
The
product line, along with production equipment and
assembly fixtures were purchased from
Jiffy-TiteTM
and are now housed in an 8,400 sq. ft. addition to OSP's facility.
In 2007, OSP became an ESOP and is 30% owned by our
employees. This move strengthened our employee
relationship as well as maximized our employees
potential by enhancing and rewarding their
commitment to the success of OSP.
In 2009, OSP acquired TNG Industries and now
manufacturers and distributes Zero Leak products for
the fluid power industry. Warren
Nichols, former president of TNG and one of the
patent holders of the Zero Leak
Technology, has joined forces with OSP as a
manufacturers rep.
Our future looks bright; while the economy
struggles, OSP continues to offer stability, quality
and competitive products to the non-automotive
industry. We have several new product launches
planned for 2009 and beyond and look forward to the
future with confidence.
OSP is a Christian-based company dedicated to
providing the best in service and support through
the lens of Christian faith and values. |