July 10, 2013
New Star Acquires Canfield Metal Coating
New Star Metals, Burr Ridge, Ill., has acquired the assets of Canfield Metal Coating Corp. The Canfield, Ohio-based CMC specializes in light-gauge coating capabilities, providing galvanized and painted steel coils to a variety of companies in the packaging, automotive and construction industries.
"We are excited to bring Canfield Metal Coating onto the New Star Metals team. Canfield complements the capabilities we have at our Electric Coating Technologies division, and in the coming months we will be working hard to implement the best practices from both companies," says Pat Murley, CEO of New Star Metals.
The company will be named Canfield Coating LLC and will operate as a separate business unit led by current CMC President Ron Jandrokovic. "We believe this transaction positions Canfield Coating to succeed and grow while maintaining a commitment to delivering excellent customer service and superior quality," says Jandrokovic.
CMC is the fourth division for New Star Metals, which also operates Electric Coating Technologies, Premier Resources Group and World Class Corrugating.