Norfolk Iron & Metal Creates New Parent Identity
By Metal Center News Staff
on Jun 1, 2021
Norfolk Iron & Metal Co. has created the NIM Group, the new parent identity for each of its brands: Norfolk Iron and Metal, Metalwest and Cd’A Metals. Norfolk Iron & Metal is a leading service center company based in Norfolk, Neb.
In December 2018, Norfolk Iron acquired Metalwest, a processor and distributor of carbon and non-ferrous flat-rolled metal products with eight locations across the U.S. Norfolk Iron expanded again in December 2020, with the acquisition of Cd’A Metals, a full-line service center and supplier with three locations serving the inland Northwest.
The creation of the new parent identity provides a structure that will support continued growth of existing geographies as well as future acquisitions, company executives said.
“We are excited to have an identity that encompasses our family of companies, current and future,” said Arnie Robinson, NIM Group president and COO. “With NIM Group providing many of the corporate functions for our operating brands, our commercial teams can focus on expanding our product and geographic reach in support of future growth.”
Norfolk Iron & Metal is one of North America’s largest service center companies. Its 2019 revenues of $900 million, before the acquisition of Cd’A Metals, made it the 18th largest distribution company in North America in the 2020 Metal Center News’ Top 50.