Service Plus Distributors
Service Plus Distributors (ASRaymond) is a US-based manufacturer and distributor of springs and motion control components, including gas springs, die springs, wire springs, and speed reducers, serving aerospace, military, medical, heavy-duty truck, and other industrial OEMs.
- Company typePrivate
- Founded1890
- HeadquartersBristol, United States
- Headcount—
- GTM typeB2B
- OfferingHardware or Manufacturing
What Service Plus Distributors does
Service Plus Distributors operates as ASRaymond, a privately held US-based manufacturer and distributor of springs and motion control components founded in 1890 and headquartered in Maumee, Ohio. The company sells standard and custom-engineered products across eight categories: counterbalance and gas springs, mechanical wire springs (compression, extension, torsion, heavy duty, conical, multi-wave), spring washers (Bellevilles, DIN discs, wave washers), die springs (US standard, ISO-10243, ISO D-Line, JIS, nitrogen), speed reducers and dampers, mounting hardware, and specialty springs. The portfolio is organized under four registered sub-brands: IGS (Industrial Gas Springs), Raymond (die springs and tool and die components), SPEC (Stock Precision Engineered Components), and SPD (engineered hardware including speed reducers and mounting hardware).
ASRaymond serves nine industrial verticals: aerospace, construction and agriculture, general industrial, heavy duty truck, lift equipment, marine, medical, military and defense, and recreational vehicles. Go-to-market combines a self-serve direct-to-consumer e-commerce storefront (with account creation, Visa/Mastercard/AmEx checkout) for SMB and individual buyers, a distributor/reseller network for enterprise reach, and a Quick Quote system that delivers formal quotes in minutes for larger or custom orders. Supporting digital tools include a Counterbalance Configurator Tool (application-variable-driven gas spring selection), a ready-to-ship digital catalog of optimized SKUs, and an online order tracking service. Recent messaging emphasizes a systems upgrade and introduction of Net 30 terms, intended to broaden appeal to enterprise and OEM procurement.
Revenue mechanics are dominated by unit hardware sales of catalog and custom springs at quote-based pricing; no public pricing is listed. Distribution is domestic US (North America) with no disclosed international footprint. The company is independently owned with no disclosed parent, private equity sponsor, or institutional shareholders, and is not publicly listed. Management team, financial figures, headcount, patents beyond brand identity trademarks, and certifications are not disclosed in the source material.
Service Plus Distributors firmographics
Firmographics- Name
- Service Plus Distributors
- Legal name
- ASRaymond
- Website
- https://spdhardware.com
- Company type
- Private
- Founded year
- 1890
- Operating status
- Operating
- Short description
- Service Plus Distributors (ASRaymond) is a US-based manufacturer and distributor of springs and motion control components, including gas springs, die springs, wire springs, and speed reducers, serving aerospace, military, medical, heavy-duty truck, and other industrial OEMs.
- Ownership category
- akta.pro rank
Where Service Plus Distributors is headquartered
LocationHeadquarters
- HQ city
- Bristol
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Service Plus Distributors business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Spring and Motion Control Product Sales: Sale of standard and custom springs including Die Springs, Compression Springs, Extension Springs, Torsion Springs, Belleville washers, Gas Springs, Gas Struts, Mechanical Struts, Speed Reducers, and Mounting Hardware through e-commerce and direct sales channels
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Standard catalog products with ready-to-ship availability |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Service Plus Distributors product offering
Product offeringCore offering
Service Plus Distributors, operating under the ASRaymond corporate umbrella, supplies gas springs, dampers, die springs, mechanical wire springs, spring washers, speed reducers, and mounting hardware to equipment and vehicle manufacturers. The company sells both standard catalog products (ready-to-ship) and custom-engineered motion control solutions across eight product categories. Sales are fulfilled through a self-serve e-commerce platform, a quick-quote system, and a domestic distributor network.
Product overview
ASRaymond is a supplier of springs and motion control solutions operating under four main sub-brands: IGS™ (Industrial Gas Springs) offering counterbalance and gas springs; SPEC® Springs providing mechanical wire springs (compression, extension, torsion, heavy duty, conical, multi-wave) and spring washers (Bellevilles, DIN discs, wave washers); Raymond® delivering die springs and tool components; and SPD™ providing speed reducers and mounting hardware. The company also offers specialty springs, an online counterbalance configurator tool, digital catalog, quick quote service, and order tracking. Their product portfolio spans industries including aerospace, construction, agriculture, heavy duty truck, lift equipment, marine, medical, military/defense, and recreational vehicles. Services include engineering, manufacturing and finishing, quality and testing, and packaging and warehousing.
Differentiator
Problem solved
Functional benefit
Brands
- Industrial Gas Springs (IGS): Industrial Gas Springs division offering gas springs and gas struts.
- Raymond
- SPD
- SPEC
Products and services
- Counterbalance Gas Springs
Companies that use Service Plus Distributors
Customer profileSegments9 records
Ideal customer profiles3 records
Service Plus Distributors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Service Plus Distributors partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights3 records
Service Plus Distributors competitors and assessment
Company assessmentDirect peers
- Lee Spring: Lee Spring is a U.S.-based manufacturer and distributor of stock and custom springs (compression, extension, torsion, die) serving similar industrial OEM and MRO customers. Directly comparable to ASRaymond's SPEC and Raymond sub-brands in product catalog and self-serve e-commerce motion.
- Century Spring: Century Spring manufactures and distributes stock and custom springs, including compression, extension, torsion, and conical springs, to industrial customers. Closely comparable in product breadth and B2B catalog distribution model.
- Misumi USA: Misumi offers configurable mechanical components including springs, dampers, and mounting hardware through a digital catalog with short lead times. Highly comparable in self-serve configurator-driven GTM and OEM motion-control customer base.
- Helical Products: Helical Products manufactures flexible couplings, springs, and motion control components for aerospace, defense, and industrial customers. Comparable niche manufacturer-distributor serving similar regulated verticals.
- Smalley Steel Ring: Smalley is a manufacturer of retaining rings, wave springs, and constant-section rings serving automotive, aerospace, and industrial OEMs. Overlaps with ASRaymond's spring washer, Belleville, and wave washer categories in customer base and go-to-market.
Broad incumbents
- Associated Spring (Barnes Group): Associated Spring, a division of Barnes Group, is a large global manufacturer of engineered springs and precision components serving aerospace, transportation, and industrial markets. A broader incumbent competitor with overlapping precision spring capabilities and deeper aerospace/defense exposure.
- McMaster-Carr: McMaster-Carr is a dominant broad-line industrial supplier with an extensive catalog of springs, dampers, and hardware, sold through a highly efficient e-commerce platform. A scaled incumbent with overlapping SKU categories and a similar self-serve buying experience.
- Grainger: Grainger is a major MRO industrial distributor offering springs, motion control, and mounting hardware alongside a much broader product portfolio. Competes for the same maintenance and production buyer in industrial accounts.
- MSC Industrial: MSC Industrial Direct is a large industrial MRO distributor supplying metalworking, fasteners, and motion control components to manufacturers. Comparable as a broad-line channel competitor targeting the same procurement buyers as ASRaymond.
Emerging players
- Bal Seal Engineering: Bal Seal Engineering designs and manufactures precision springs, seals, and conductive contacts for medical, aerospace, and industrial OEMs. Comparable as a precision-engineered component supplier targeting similar high-spec end markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Service Plus Distributors financial estimates
Financial estimateRevenue estimate
Valuation estimate
Service Plus Distributors leadership team
Management profileNumber of profiles
Service Plus Distributors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Service Plus Distributors M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Service Plus Distributors
What does Service Plus Distributors do?
Service Plus Distributors, operating under the ASRaymond corporate umbrella, supplies gas springs, dampers, die springs, mechanical wire springs, spring washers, speed reducers, and mounting hardware to equipment and vehicle manufacturers. The company sells both standard catalog products (ready-to-ship) and custom-engineered motion control solutions across eight product categories. Sales are fulfilled through a self-serve e-commerce platform, a quick-quote system, and a domestic distributor network.
Is Service Plus Distributors a public or private company?
Service Plus Distributors is a private company. It is classified as unknown and is currently operating.
When was Service Plus Distributors founded?
Service Plus Distributors was founded in 1890.
Where is Service Plus Distributors based?
Service Plus Distributors is headquartered in Bristol, United States, in the North America region.
How does Service Plus Distributors make money?
One revenue line is on record: spring and Motion Control Product Sales.
Who are Service Plus Distributors's main competitors?
Direct peers on record are Lee Spring, Century Spring, Misumi USA, Helical Products and Smalley Steel Ring. Broad incumbents are Associated Spring (Barnes Group), McMaster-Carr, Grainger and MSC Industrial. Bal Seal Engineering is listed as an emerging player.
Does Service Plus Distributors have an API?
No public API is recorded for Service Plus Distributors.