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Service Centers
The latest news on companies processing and distributing steel products.
Latest News
Red Bud Industries Bags Order for Coil Processing Machine
11 January 2019 - Flat-rolled processor Steel Warehouse of Arkansas has placed an order with Red Bud Industries for a 79-inch stretcher-leveler to augment capabilities at its facility in Osceola.
Steel Processor Wraps Up Pickling Line Improvements
07 January 2019 - Ohio-based flat-rolled processor Heidtman Steel has completed a US$1.5 million project to upgrade pickling lines in Granite City, Ill., and Butler, Ind., USA.
Olympic Steel Expands Into Product Manufacturing Through Acquisition
03 January 2019 - Ohio-based service center Olympic Steel Inc. has acquired McCullough Industries Inc., a maker of branded self-dumping hoppers, through an all-cash deal, the company has announced.
Steel Processor to Move HQ, Plant Operations to Indiana
06 December 2018 - Flat-rolled steel processor Alliance Steel plans to spend US$19.7 million to move its headquarters from Illinois to Gary, Ind., USA.
Olympic Steel Names New CEO
04 October 2018 - Ohio-based service center Olympic Steel Inc. is promoting chief financial officer Richard T. “Rick” Marabito to the chief executive role.
Red Bud Industries Lands Order for Coil Processing Line
25 July 2018 - Red Bud Industries has won an order for a 60-inch, high-speed slitting line from an Illinois-based service center, the coil processing equipment manufacturer has announced.
Ryerson Expands Through US$140M Acquisition
06 June 2018 - Steel processor and distributor Ryerson Holding Corp. has reached to a deal to acquire a metal service center with locations in the eastern and central United States.
Union Partners Adds Another Service Center to Its Roster
17 May 2018 - Union Partners, a Chicago-based investment firm with a growing portfolio of steel and metals businesses, has acquired Contractors Steel for an undisclosed amount, the firm announced Thursday.
Service Center to Set Up Shop at Nucor Steel-Arkansas
17 May 2018 - California-based service center Calstrip Industries Inc. is planning to build a 300,000-square-foot processing plant at Nucor Steel-Arkansas, an investment that will help support the new specialty cold rolling mill being installed there.
Investment Firm Adds Ontario Service Center to Portfolio
12 April 2018 - Chicago-based private equity firm Union Partners has acquired an Ontario service center and toll processor for an undisclosed amount.
Reliance Steel & Aluminum Expands Perforation Business Through Acquisition
03 October 2017 - Reliance Steel & Aluminum Co. has acquired Rhode Island-based Ferguson Perforating Co., a processor that specializes in producing highly engineered and complex perforated metals.
Cargill Sells U.S. Service Centers
11 September 2017 - Cargill Inc. has agreed to sell its U.S. steel processing and distribution business to Japan’s Metal One Corp.
Kloeckner Metals Announces Leadership Changes
08 September 2017 - Kloeckner Metals Corp. is reorganizing its C-suite as longtime chief executive Bill Partalis prepares to retire at the end of this year.
Steel Distributor Expands Processing Capabilities
11 July 2017 - Stainless and specialty alloy distributor United Performance Metals has installed a new edging line at its Hamilton, Ohio, USA, headquarters and has added edging and slitting capabilities to its La Mirada, Calif., facility, the company has announced.
Ryerson Enhances Stainless Processing Business Through Acquisition
21 February 2017 - Metals distributor and processor Ryerson Holding Corp. has acquired Guy Metals Inc., a privately owned metals service center in Hammond, Wis., USA.
Acquisition Expands Texas Service Center's Processing Capabilities
15 December 2016 - North Shore Steel, a steel service center in Houston, Texas, has acquired the operating assets of Houston Blow Pipe, a 100-year-old plate processor, the company has announced.
To Win, Steel Companies Better Learn to Share
05 October 2016 - The time has come for steel companies to consider sharing inventory, assets and capacity as a way to maintain to profitability and competitiveness – and to better meet the needs of customers, Ryerson Holding Corp. chief executive Edward Lehner said on Wednesday.
Reliance Steel Moves in Alaskan Distribution Market
02 August 2016 - Reliance Steel & Aluminum Co. has acquired Alaska’s largest steel distributor for an undisclosed amount, the company has announced.
Ohio Sheet Processor Expands Pickling Line's Capabilities
14 June 2016 - U.S.-based steel processor Heidtman Steel has upgraded a pickling line by adding dry lube capabilities, the company has announced.
Mill Steel Names New President
12 April 2016 - U.S.-based steel distributor Mill Steel Co. has promoted Pam Heglund as president, the company has announced.
