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7-12-20 News: Metals USA
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Metals USA Acquires J. Rubin

Metals USA, Fort Lauderdale, Fla., has acquired Midwestern service center company J. Rubin & Co., Rockford, Ill. J. Rubin has locations in Illinois, Wisconsin and Minnesota, with a product range consisting of carbon steel bars, carbon plate and laser-cut flat-rolled products. It serves a variety of end markets.

“We are very pleased to welcome the J. Rubin team to the Metals USA family. J. Rubin represents every element that we look for in an acquisition: great management, profitability, and a broad product mix,” says Lourenco Goncalves, chairman, president and CEO of Metals USA, the ninth-largest service center company in North America in the 2009 Metal Center News Top 50.

The transaction is the first since Metals USA became a publicly traded company on the New York Stock Exchange in April. "This transaction fits squarely within the growth strategy that we articulated during our IPO process and we are continuing to evaluate additional strategic acquisition opportunities," Goncalves says. 

 
  
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Metal Center News 2014 Directories: Print or Digital copies are available for $85 U.S. for each copy.
 

 
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Metal Center News' Spring Metal Distribution Directory is your on-line guide to Metal Producers, Equipment Manufacturers and Software companies.  



 
2014 Directory of Master Distributors
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The Metal Center News Directory of Master Distributors—distributors who sell to other distributors—is an invaluable tool for service centers seeking new sources for special or hard-to-find products. Master distributors play an important role in the marketplace, giving service centers an alternative to buying in mill quantities and helping to remove redundant and excess inventories from the distribution channel.



 
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Wednesday, July 29, 2015