Feb. 1, 2017

Main Steel Sells Midland Stamping & Fabricating

Main Steel, Elk Grove Village, Ill., has sold Midland Stamping & Fabricating to Speyside Equity Fund. The company was operated by Main Steel’s Advanced Alloy Processing subsidiary.

Midland supplies stamping, fabricating and other metalworking services to major industrial markets including automotive, truck trailer and appliance, among others. The company is based in Schiller Park, Ill.

“We are pleased to announce the sale of Midland, AAP’s second divestiture of a non-core division, supporting our company’s focus on providing high-quality tolling services to mills, service centers, and select strategic partners across our national network,” says Kevin Stevick, CEO of Main Steel.

The transaction follows the November sale of Metals Inc. to Triple-S Steel Supply Co., Houston.


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Monday, December 11, 2017