Metals USA Announces Acquisition of Lynch Metals
07/04/2007 - Metals USA Holdings announces the acquisition of Lynch Metals and Lynch Metals of California.
Metals USA Holdings Corp. announced the acquisition of Lynch Metals, Inc. and Lynch Metals of California, Inc.
Lynch Metals is a metal service center business that provides specialized aluminum processing capabilities to the aerospace and industrial equipment industries. The addition of Lynch Metals to the Metals USA footprint strengthens the company's geographic presence in the Eastern and Western United States. Metals USA's leading presence in the Midwest will support growth opportunities for Lynch's unique capabilities.
"The acquisition of Lynch Metals is an important strategic move for our Flat Rolled and Non-Ferrous Group, as we continue to emphasize an aluminum and stainless steel product mix,” stated Lourenco Goncalves, Chairman, President and CEO of Metals USA. “We are also very pleased that Clint Lynch, President and founder of Lynch Metals, will be joining the Metals USA senior management team, bringing with him more than 25 years of great industry experience.
“We look forward to welcoming Lynch Metals and its outstanding management and sales team to the Metals USA family," concluded Goncalves.
Metals USA provides a wide range of products and services in the heavy carbon steel, flat-rolled steel, specialty metals, and building products markets.
