Esmark
Esmark is a diversified, privately-held family company with a portfolio of industrial companies with strong roots in the steel industry. Over the years, Esmark has diversified its interests and operations into a number of businesses engaged in the industrial and commodity sectors.
Latest News
SEC Fines Esmark, Bouchard Over U. S. Steel Offer
06 September 2024 - Esmark Inc. and its chairman will pay US$600,000 to settle Securities and Exchange Commission (SEC) charges that they made an offer to buy United States Steel Corporation despite having the financial wherewithal to complete such a deal.
Esmark Ends Effort to Acquire U. S. Steel
23 August 2023 - Esmark Inc., the Pennsylvania-based steel processor and distributor that had put down a US$7.8 billion cash offer for United States Steel Corporation, has bowed out of the sales process.
Multiple Offers on Table for U. S. Steel
17 August 2023 - The steelmaker has received two multibillion-dollar offers this week, from Cleveland-Cliffs and Esmark, and sources say ArcelorMittal may be weighing a bid.
Esmark Puts in US$7.8 Billion Offer for U. S. Steel
14 August 2023 - Value-added flat-rolled steel producer Esmark Steel Group has put forth an offer to buy United States Steel Corporation (U. S. Steel) for a price of US$35 per share, according to reports this afternoon.
Esmark Steel Names New CEO
07 January 2021 - Flat-rolled processor and distributor Esmark Steel Group has named Roberto M. Alvarez as chief executive officer, the company has announced.
Esmark Reaffirms Continued Interest in Železara Smederevo Steel Works
05 March 2015 - Esmark Inc. Chairman and Chief Executive Officer James P. Bouchard announced that, despite the recent efforts to reach a definitive agreement with the Republic of Serbia for the restructuring and revitalization of the Železara Smederevo Steel Works, Esmark continues to believe its comprehensive business plan and world-class management team provide the best possible future for the mill.
Esmark Europe Declared Strategic Partner for Železara Smederevo Steel Works by Republic of Serbia
14 January 2015 - Esmark Europe BV, the European investment vehicle of Esmark Inc., announced that it has been officially notified by the Republic of Serbia that it has been selected as the winning bidder in the privatization process for the Železara Smederevo Steel Works.
Esmark Announces Management Changes; Delays Restart of Ohio Mill Operations
29 August 2013 - Esmark Inc. announced management changes for its Esmark Steel Group subsidiary to better serve its diverse customer base and streamline service center and mill operations in Chicago and Ohio, respectively. As part of the management realignment, Esmark Inc. chairman and CEO James P. Bouchard will reassume CEO duties of Esmark Steel Group.
Stahlschmidt Inc. and Bouchard Group Announce Acquisition of Esmark Technologies
21 January 2013 - Stahlschmidt Inc. and Bouchard Group, L.L.C. have jointly acquired Esmark Technologies from Esmark Inc. for an undisclosed sum. The venture will be operated as a vertically integrated industrial services company and will continue to operate under the Esmark Technologies brand.
Esmark Says 'Cliff' is to Blame for Plant Delay
15 January 2013 - Esmark officials wanted to rekindle this town's steel plant as the Ohio Cold Rolling Co. by spring, but they now blame the "fiscal cliff negotiations" for unexpected delays, the Wheeling News-Register reports.
Esmark and USW Reach Tentative Agreement for Ohio Cold Rolling Company Workers
03 December 2012 - Esmark Inc. and its wholly owned steel services subsidiary, Esmark Steel Group, jointly announced with the United Steelworkers of America (USW) that they have reached a tentative agreement with Local 1223 on a four-year collective bargaining agreement for workers at Esmark’s newly acquired Ohio Cold Rolling Company.
Nucor, Esmark Win Bids for RG Wheeling Assets
02 August 2012 - An auction Tuesday, 31 July, for RG Steel LLC’s Wheeling, W.Va., assets saw the unit divvied up among a number of buyers, including Nucor Corp., Esmark Steel Group LLC and Frontier Industrial Corp.
RG Steel Files for Bankruptcy, Esmark Offers to Buy Wheeling Corrugating
01 June 2012 - RG Steel LLC and its wholly owned subsidiaries announced that they have filed petitions under Chapter 11 of the United States Bankruptcy Code with the U.S. Bankruptcy Court for the District of Delaware.
Esmark Steel Group Announces President of Ohio Operations
13 January 2012 - Esmark Steel Group announced the appointment of steel industry veteran Peter Doyle as President of the company’s Ohio operations.
Esmark Announces 2011-2012 Scholarship Recipients
11 November 2011 - Esmark, Inc. announced this week the recipients of the company’s 2011-2012 Helen Bouchard Esmark Scholars.
Esmark Steel Group Acquires Assets of Kelco Metals
21 October 2010 - Esmark Steel Group has acquired the assets of Schaumburg, Ill.-based steel distributor Kelco Metals Inc. for more than $9 million. Kelco Metals will add approximately 50,000 tons of steel shipments annually to the company’s total shipments.
Esmark Completes Acquisition of Five Midwest Service Centers
21 May 2010 - Esmark Steel Group completes its acquisition of five steel service centers in Illinois and Ohio from OAO Severstal.
Esmark Acquires Excalibur Machine Assets
31 December 2009 - Esmark Industrial Group has completed the acquisition of assets of Meadville, Pa.-based Excalibur Machine Co., Inc. for $3.5 million in cash. David A. Luptak will become Chief Executive Officer and President of the newly formed Esmark Industrial Group with responsibility for Excalibur Machine.
Severstal Completes Esmark Acquisition
06 August 2008 - OAO Severstal completes its acquisition of Esmark Inc., which will now be known as Severstal Wheeling Holding Co.
Severstal Extends Tender Offer for Esmark Shares
21 July 2008 - OAO Severstal extends the expiration for its tender offer to purchase outstanding shares of Esmark to Monday, August 4, 2008.
