Nov. 21, 2017

Samuel Son & Co. Acquires Main Steel

Mississauga, Ontario-based Samuel Son & Co., North America’s third-largest service center company, has grown with the acquisition of processing specialist Main Steel, Elk Grove Village, Ill. Main Steel will continue to operate as an independent processor under the Main Steel name, and will be managed independently from the Samuel service center group.

Main Steel is a leading specialty processor and polisher of stainless steel, aluminum, and high-nickel alloy products. IT operates facilities in Atlanta, Harmony, Pa., Riverside, Calif., and Elk Grove Village.

Samuel intends to retain the existing Main Steel employees and Main Steel will continue to operate under the leadership of President Paul Patek, Senior Vice President of Commercial Dave Yundt and CFO Beth Szymanski.

For Samuel, the acquisition of Main Steel complements its existing capabilities, and fits with its long-term strategy to enhance Samuel’s offering to both its supply chain partners and its customer base, executives say.


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Wednesday, January 17, 2018