phoneicon(574) 234-4116       searchSEARCH

phoneicon(574) 234-4116       searchSEARCH

We give you


South Bend, Ind. (July 11, 2016) — We are pleased to announce that effective July 1, 2016, Schafer Industries, Inc., through its wholly owned subsidiary, Schafer Gear Works Rockford, LLC, has acquired the assets and business of Custom Gear and Machine, Inc. of Roscoe, Ill. The acquisition was announced jointly by Bipin Doshi, president of Schafer Industries, and Stan Blenke, the company’s executive vice president.

The manufacturing facility includes a 50,000 square foot plant in Roscoe, Ill. producing gears and machined products for a variety of industries, including oil and gas, construction, mining, agricultural, power transmission and defense. Schafer owns and operates a similar facility in Rockford, Ill. The Rockford facility will be shut down by the end of August 2016 and all manufacturing and management functions will move under a single roof in Roscoe.

According to Blenke, the purchase of Custom Gear and Machine, Inc. was an opportunity that aligned with Schafer’s strategic objectives and its product mix to secure a stronger market position in all market segments served by the two companies. “For over 80 years, Schafer has been involved in providing gears nationally and internationally for many applications and customers. This acquisition, along with the combination of manufacturing and management functions, creates additional capacity and engineering capabilities to serve our existing customers as well as attract new customers,” Blenke stated. He went on to say that “combining our two engineering departments creates a stronger team to address complex issues in process development. It also enhances our ability to solve customer issues around reducing manufacturing costs and provides a best value option for their needs”.

Blenke also highlighted the unprecedented speed of the transaction process. Both Rockford and Roscoe facilities serve similar markets and customers, and process familiarity and the close proximity of the plants made for a smooth acquisition process. These two facilities and teams will meet the challenging demands facing the gear industry, and they will work together to satisfy the needs of both customers and suppliers. The management teams at both facilities are excited about joining forces to become a strong player in the market.

Ed Brandt, operations manager of the Rockford plant, will assume the same position at the combined facility. “Ed Brandt has been highly effective in his role as manager of the Rockford facility particularly under demanding circumstances of several depressed market segments,” said Doshi. “He and his team have been successful in cost reduction, inventory management and maintaining high performance with 100% on-time deliveries of product with exceptional quality.” Combining two highly effective teams at Roscoe, in partnership with the South Bend plant’s management will enhance the strength of Schafer Industries to serve the market better.

About Schafer Industries, Inc.

Schafer Industries is headquartered in South Bend, Ind. along with a modern high volume gear manufacturing plant. An additional gear plant is located in Rockford, Ill. In Ohio, the company owns and operates machining and assembly facilities, Schafer Driveline. The company has developed a solid network of overseas suppliers in India, China and Taiwan to bring the best value to its customers while providing superior quality standards and service. All facilities pride themselves on 100% on time shipments while maintaining the highest quality and service standards.

About Schafer Gear Works

Schafer Gear Works has two gear manufacturing facilities. The company recently relocated its third gear location from Fort Wayne to South Bend to produce gears and shafts for the commercial aviation; this relocated facility within the South Bend plant is named Schafer Aviation Products to serve the aircraft segment. Recently the company has made significant investments in gear grinding operations and in other areas. The South Bend plant now produces fine pitch aircraft quality gears to coarse pitch ground gears for the power transmission industries. The other plant producing coarse pitch large gears is located in Rockford, Ill.

About Schafer Driveline

Schafer Industries also owns and operates an assembly plant in Fredericktown, Ohio and a machining plant in Blacklick, Ohio. These plants serve off-highway vehicles with both conventional and alternate-energy powertrains. They serve the needs of Golf Industry, power sport vehicle, and other off-highway leisure and utility markets. The Ohio operations have gears and power train design engineering capability. The manufacturing and assembly facility provide original-equipment and aftermarket customers with local product and service support. In addition the Driveline plant has capability to provide complete system solutions that include brakes and other components as single source for customers.

A Global Sourcing Manager works with production, sales and marketing to bring superior value to our customers. Schafer maintains a philosophy of team work, maintaining high standards and community responsibility.


People make the difference ... and we have some of the best in the industry.

  • schaferindustries

    Schafer Industries began in 1934 manufacturing high-quality gears as Schafer Gear Works. Today Schafer Industries is a leading producer of high-precision, custom-engineered gears and machined parts as well as axles, transaxles, transmissions, brake assemblies and other components for recreational and off-road applications. This makes us one of the few providers of integrated solutions in the industry.

  • schaferdriveline

    Schafer Driveline is one of the largest manufacturers of small axles for golf cars and light utility vehicles in the world, delivering reliable and hassle-free performance you can trust. Our staff has been designing and building axles for more than 40 years. And we're producing them right here in America.In fact, Schafer Driveline is the only major golf car axle manufacturer in the U.S.A.

  • schafergearworks

    Whatever gear or shaft challenge you are facing, we are ready to solve it. For more than 70 years our teams have taken ideas from rough concept through fabrication of prototypes. If the solution you need isn’t already in our portfolio, we’ll design a new one. We can reverse engineer your sample to determine its specifications then reproduce it for you.


Latest News

HBM Appoints Andy Fincher as President and Chief Operating Officer
10 September 2018

We are pleased to announce that the HBM Board of Directors has approved the appointment of Anderson (“Andy”) Fincher as HBM’s President and Chief Operating Officer.

Andy will assume immediate oversight of HBM’s four portfolio companies; HBM CEO Mike DeCola continues to serve on the Board and will remain responsible for the company’s overall strategy, people and transaction activity during a transition period.

“In my nearly two decades leading Mississippi Lime I have witnessed remarkable transformation and consistent achievement of world-class performance. We advanced this legacy with the creation of HBM Holdings in 2011, and today the values that defined our success for well over a century now span four portfolio companies,” DeCola said. “Andy’s appointment is the culmination of a thoughtful and orderly process by the HBM Board to position the organization for future growth. I am delighted to welcome Andy and work alongside him, and I am confident he is the right person to lead HBM into the next decade and beyond.”

Read more
Schafer Industries, A Portfolio Company Of HBM Holdings, Announces HBM CEO Mike Decola Is Chairing The 100th Anniversary PGA Championship
12 June 2018

SOUTH BEND, IND. (June 12, 2018) — Schafer Industries, headquartered in South Bend, Ind., proudly announces that the Chief Executive Officer (CEO) of HBM Holdings Mike DeCola is serving as general chairman of the 100th Anniversary PGA Championship, Aug. 9-12, at Bellerive Country Club, St. Louis, MO. HBM Holdings is a privately held investment and management company headquartered in St. Louis which includes Schafer in its diverse portfolio of companies.

Read more
Schafer Driveline Earns Yamaha’s Rigorous REVS Supplier Certification
2 April 2018

FREDERICKTOWN, OH (April 2, 2018) — Schafer Driveline, LLC in Fredericktown, OH., recently was awarded the Yamaha REVS Supplier Certification. It is one of five of Yamaha Golf Car Company’s 130 suppliers to have achieved this recognition. To earn the award, Schafer Driveline had to complete a rigorous two-year audit to prove its excellence in lean manufacturing, continuous improvement, quality management systems and advanced product quality planning.

Read more

How can we help your business? Contact Us