Ferret Acquires Stinson for Indiana Manufacturing Expansion
News related to:Ferret Custom Roll Forming · 2 min read
Ferret Custom Roll Forming Inc., an Indiana-based manufacturer, has acquired substantially all assets of Stinson Metal Works Inc., a precision machining business founded by Dwight Stinson. The acquisition supports an expected 45,000-square-foot facility expansion and approximately 15 additional skilled manufacturing positions over the next three years, bringing together Ferret's metal forming expertise and Stinson's precision machining capabilities.
The deal, which was facilitated by Edison Business Advisors, brings together Ferret and Stinson Metal Works, creating a broader range of manufacturing services for customers. Ferret plans to integrate Stinson Metal Works' capabilities into its Indiana manufacturing operations as part of an expected 45,000-square-foot facility expansion. The planned expansion will support additional CNC machining, close-tolerance turning and milling, wire EDM, grinding, tooling, and prototype production.
As part of the expansion, Ferret expects to add approximately 15 skilled manufacturing positions over the next three years, contributing to continued manufacturing job growth in Indiana and the Michiana region. The acquisition supports Ferret's goal of bringing more manufacturing capabilities under one roof, improving control over tooling and precision components while creating opportunities to serve additional customers and markets.
Founded in 1981, Ferret Custom Roll Forming Inc. is a precision manufacturing and custom metal forming company serving industrial customers requiring specialized components and production solutions. The company provides custom metal roll forming, punching, notching, welding, bending, and assembly.
Founded in 2004, Stinson Metal Works has supported customers with complex precision-machined components, prototypes, and specialty production across technically demanding applications. Founder Dwight Stinson brings decades of precision manufacturing experience to the company.
Ferret Custom Roll Forming Inc. is headquartered in Elkhart, Indiana, and currently operates from a 75,000-square-foot manufacturing facility. The acquisition supports its goal of bringing more manufacturing capabilities under one roof, improving control over tooling and precision components while creating opportunities to serve additional customers and markets.
Founded in 2004 by Dwight Stinson, Stinson Metal Works built its reputation as an Indianapolis precision machining business specializing in complex, close-tolerance components, prototypes, and short-run production. The company has served technically demanding applications including specialty sensors, medical equipment, motorsports, university engineering, industrial equipment, and select aerospace applications.
Edison Business Advisors facilitated the transaction, with Brian Hunter Hardman, CM&AP, introducing Ferret Custom Roll Forming to Stinson Metal Works and assisting both parties through negotiations, due diligence coordination, and closing. The acquisition is an investment in the continued growth of Ferret's Indiana manufacturing operations, bringing together complementary capabilities and creating opportunities for continued growth while building on the legacy Dwight Stinson established.
The acquisition supports Ferret's goal of bringing more manufacturing capabilities under one roof, improving control over tooling and precision components while creating opportunities to serve additional customers and markets. Edison Business Advisors, with Brian Hunter Hardman, CM&AP, facilitated the transaction, with Edison Business Advisors facilitating the transaction, with Brian Hunter Hardman, CM&AP, introducing Ferret Custom Roll Forming to Stinson Metal Works and assisting both parties through negotiations, due diligence coordination, and closing. The acquisition is an investment in the continued growth of Ferret's Indiana manufacturing operations, bringing together complementary capabilities and creating opportunities for continued growth while building on the legacy Dwight Stinson established.