Veteran-Owned Manufacturer Creates Playbook for Success

Since beginning their work with GaMEP, Phoenix Stamping has:

  • Implemented a continuous improvement model that has helped the company increase revenue by 500 percent over the last eight years.
  • Created a playbook for how to successfully run a company, that has enabled them to scale up business growth and acquisitions.
  • Implemented an employee incentive program with employee profit sharing, bonus incentives for productivity, and annual team building retreats.
  • Trained 100 percent of PSG employees on Hoshin Kanri, and along with market investments, has contributed to increased inventory turns by 50 percent.

Read more at https://gamep.org/success-story-phoenix-stamping-group/

Phoenix Stamping Group, a division of PHX Holdings, acquires Stampsource in Charlotte, NC

Contact:

            Brandyn Chapman, President, 404-890-7492

Royce Baker, VP Sales, 404-671-4810

 

Phoenix Stamping Group, a division of PHX Holdings, acquires Stampsource in Charlotte, NC

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.

The Stampsource acquisition brings further growth to Phoenix Stamping Group and the entire PHX family with over 50 employees with added capacity and redundancy in metal stampings, fabrication, tool & die design and kitting & assembly.  Stampsource will be integrated as Plant 04 of Phoenix Stamping Group with Michael Pinkerton continuing to serve as General Manager of the facility.

Phoenix Stamping Group has been successful through 1) principled leadership; 2) sales-driven growth focused on specific markets and customers; 3) formal planning and execution processes, supported by current, integrated systems and implementation of lean principles. PHX plans to support Stampsource’s growth by bringing its resources, processes and systems to bear, including Brandyn’s personal commitment and involvement.

PHX Holdings is an entity that owns Phoenix Stamping Group, GTC Machining and PartWorks. All the PHX companies are owned by a partnership between Brandyn and JBA Capital, a Columbus, GA based investor group focused primarily on small-midsized manufacturing companies. PHX Holdings is based in Atlanta, GA and currently has facilities in Atlanta, GA, Indianapolis, IN, and Ft. Wayne, IN. Visit our websites for additional information-

PHX Holdings: https://www.phxholdings.com

JBA Capital: http://jba.capital

Phoenix Stamping Group: https://phoenixstamping.com

GTC Machining: https://gtcmachining.com

PartWorks: http://partworks.com

 

For more information about Phoenix Stamping Group, go to www.phoenixstamping.com or contact Brandyn Chapman, President, or Royce Baker, VP Sales, at (404) 699-2882.

 

Phoenix Stamping Group Parent, PHX Holdings Acquires Garrity Tool Company

Phoenix Stamping Group Parent, PHX Holdings Acquires Garrity Tool Company
Feb 23, 2019 | News

Contact:

Scott Geller, President GTC Machining, (317) 541-1400

Phoenix Stamping Group Parent, PHX Holdings Acquires Garrity Tool Company

(February 23, 2019, ATLANTA and INDIANAPOLIS) – We are very pleased to announce that on February 1, 2019, PHX Holdings, the newly formed holding company of Phoenix Stamping Group, purchased Garrity Tool Company, an Indianapolis-based precision machine shop. Garrity Tool Company has been renamed GTC Machining (gtcmachining.com). PHX Holdings, backed by JBA Capital (jba.capital), is a newly formed entity and owner of three entities with over 250 employees combined: GTC Machining, Phoenix Stamping Group (phoenixstamping.com), a metal stamping and fabrication company, and PartWorks, an engineering services company.

Phoenix Stamping is a 33-year-old, veteran-owned family business in the metal stamping and fabrication business with sheet metal and rod products serving primarily the material handling, truck aftermarket and agricultural equipment markets. Phoenix had already experienced significant growth over the past 15 years by maintaining focus on providing value added services for customers in these markets, and that won’t change as a result of this transaction.

The GTC acquisition brings further growth to the PHX family with over 50 employees, new precision machining capabilities in the aerospace and defense markets with AS9100D and ITAR certifications, and the medical device market with ISO13485 certification. It also strengthens the company’s commitment to Indiana and the Midwest with facilities in both Indianapolis and Fort Wayne.

Brandyn Chapman, CEO and majority owner of PHX, has worked in the business since 2001 and will be involved in the GTC Machining business and supporting its growth. Scott Geller, currently CEO of PartWorks, will be joining the GTC Machining team as President. Scott brings over 20 years of experience managing manufacturing and manufacturing technology businesses. Phoenix Stamping Group, with the added capabilities and resources of PHX, will be positioned to serve your needs as never before.

For more information about Phoenix Stamping Group, go to www.phoenixstamping.com or contact Brandyn Chapman, CEO, or Royce Baker, VP Sales, at (404) 699-2882. For more information on GTC Machining, go to www.gtcmachining.com or contact Scott Geller at (317) 541-1400.

Who is PHX Holdings? PHX Holdings is a newly formed entity that owns Phoenix Stamping Group, Garrity Tool (renamedto GTC Machining) and PartWorks with over 250 employees in Georgia and Indiana. Phoenix Stamping Group, the largest division of PHX Holdings is a successful, 33-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 CEO in 2005. Phoenix Stamping is in the metal stamping and fabrication business with sheet metal and rod products serving primarily the material handling, truck aftermarket and agricultural equipment markets. The company currently has over 200 employees and has grown sales by 6x over the past 15 years.

PartWorks is a recent startup division of PHX Holdings that originally provided design and prototyping services and in 2018 decided to focus on research and development of a proprietary, patent-pending, fastener system (including installation tooling) focused on the commercial and military aerospace markets.

All the PHX companies are owned by a partnership between Brandyn and JBA Capital, a Columbus, GA based investor group focused primarily on small-midsized manufacturing companies. PHX is based in Atlanta, GA and currently has facilities in Atlanta, GA and Ft. Wayne, IN. Phoenix Stamping’s website is: https://phoenixstamping.com. JBA Capital’s website is: http://jba.capital.

New Capabilities

Over the years, we’ve been fortunate to have our current and potential customers push us to develop new products and processes, and this work continues. We recently added over 15,000 square feet in our main facility in Atlanta, GA in order to grow our stamping and tool and die capabilities. With stamping, we added a 1000T press line, and as demand increases have plans for more high-tonnage lines. On the tool and die front, we added wire EDM, multiple CNC machining centers and other support equipment to improve responsiveness and reduce costs for both maintenance and new tool and fixture builds. As with all growth, these efforts direct relate to our ongoing ability to service our customers.

Our New Fort Wayne Indiana Plant

In 2013, we opened an operation in Fort Wayne, Indiana to warehouse and distribute product to local customers. Since that time, we’ve continued to add manufacturing capacity in an effort to develop redundancy for all key processes and to provide a local manufacturing solution for certain segments of our customer base. In 2016 we expanded our Fort Wayne facility to over 65,000 square feet and now have redundant capability for all stamping and fabrication processes.

In the Spotlight

To better serve our customer base, we now offer u-bolts & bent bolts to complement our other product offerings.  Phoenix Stamping has the capability to produce up to 1 ¼” diameter u-bolts in various material grades and finishes.

We now offer a complete line of marine brackets which includes swivel brackets, roller brackets and shafts, bunk brackets and bolster brackets.

Latest Product Releases

We’ve recently expanded our manufacturing capabilities with the addition of cold-headed products. The integration of the cold heading process centers primarily around the ability to produce rivets for our internal consumption within our other product lines.

We now offer packaged u-bolt kits for axles and slipper hanger trailer kits for our distribution customers.

We’ve added bar-coding to all parts using Code 39 language bar codes.

New Capabilities Added

We are committed to the customers and markets which we serve and demonstrate that through the addition of new capabilities and our continuing reinvestment in equipment and our people.

We’ve recently added an additional fully automatic u-bolt line that is capable of making up to 1” dia. u-bolts.