In a statement, Contractors said its acquisition of Los Angeles, Calif.-based Borrmann Metal Center will expand its footprint in the southwestern U.S. and add to its roster of products. Contractors is a portfolio company of UPG Enterprises LLC. 

“The acquisition of Borrmann represents a significant milestone for Contractors Steel and UPG," said Contractors Steel chief operating officer Steve Letnich. "Not only does Borrmann expand our footprint into the West Coast and southwest markets, but also serves as a perfect complement to our existing Phoenix facility, creating a singular network of inventory, value-added processing and logistics.”