JD Fields Acquires California Distributor and Fabricator
05/12/2020 - JD Fields & Company Inc., a U.S. distributor of oil and gas pipeline and civil infrastructure products, has acquired a California steel products manufacturer for an undisclosed amount, the company has announced.
In a statement, JD Fields said the acquisition of Alameda Pipe & Steel Co. furthers its evolution as a one-stop, vertically integrated supplier and manufacturer of its own steel products.
“We are moving quickly to adapt to changing global dynamics so that steel products can be distributed and manufactured by one company,” said Jay Fields, president and chief operating officer.
“Our acquisition of Alameda Pipe is the first major step in a strategic growth plan to move into the steel manufacturing industry as we continue to expand on the West Coast. I am excited about the opportunity to absorb Alameda’s plants and bring on their top-level executives, who have the right connections and deep industry knowledge in the field to rival any competitor,” he added.