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. 

 
April 2017: Bell Shares Vision for Trade Remedies
More...
 
Pause
April 2017: Outlook Positive, But Prices May Peak
More...
Fall 2016: Cutting & Sawing Equipment
More...
Summer 2016
More...
 
Pause
Advanced Controls on Braner Slitters
More...
AHVS Precision Leveler Features Flip-Top Design
More...
Formtek’s Tishken Slitter Increases Production Volume
More...
Red Bud System Handles High-Strength Steels
More...
Bradbury Launches Flat Trak CL Monitoring System
More...
Artus Knives Custom Designed
More...
 
Pause
Privacy Statement  |  Terms Of Use
Copyright by Metal Center News



Wednesday, May 24, 2017