Metal Industry News

SSWI Appoints Salamon CEO

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Specialty Steel Works has appointed Michael Salamon as CEO of the Hammond, Ind.-based producer. He had been serving as president and COO. He replaced Joel Hawthorne.

“Mike Salamon is the right person to lead SSWI into the future. He understands our business and markets and has a proven ability to forge customer relationships and drive results. Salamon has led the effort to make the company more customer-centric, simplified its business model and improved its cost structure,” said Ben Santonelli, chairman of SSWI.

Hawthorne had been serving as CEO of the company since it emerged from bankruptcy in 2019.

"I want to thank Joel Hawthorne for his leadership in transitioning the company following its emergence from bankruptcy. Joel positioned the company for success by working to restore customer and investor confidence and inspiring employees to connect vision and ideas to drive strategy and create value for all stakeholders,” said Santonelli.

SSWI is a manufacturer and processor of value-added specialized steel products, including engineered cold-finished steel bars and precision-tolerance, cold drawn seamless tubes. SSWI operates under three business units: Niagara LaSalle Corp., Corey Steel Co. and Michigan Seamless Tube.  Our specialty steel processing business is operated out of six production facilities in the Midwest with a combined annual capacity to produce 680,000 tons of CFSB and 55,000 tons of seamless tube.