Midwest-based Contractors Steel, a portfolio company of UPG Enterprises LLC, has acquired Los Angeles-based Borrmann Metal Center, a light structural and specialty metal service center. The acquisition expands Contractors Steel’s footprint in the Southwestern United States and Mexico and increases its breadth of product offerings in previously untapped markets, including aerospace, the company claims.
Founded in 1919, by George and Jane Borrmann, BMC helped pioneer metal warehousing, sales, and distribution on the West Coast. Over the years, Borrmann has grown into a leader in the market with two locations with more than 200,000 square feet of warehouse space and 15 trucks that deliver a wide selection of metals, executives from Contractors said.
“The acquisition of Borrmann represents a significant milestone for Contractors Steel and UPG,” said Steve Letnich, COO of Contractors Steel. “Not only does Borrmann expand our footprint into the West Coast and Southwest markets, but also serves as a perfect complement to our existing Phoenix facility – creating a singular network of inventory, value-added processing and logistics.
“Together with Borrmann, Contractors Steel will now offer a wider range of heavy structural and metal products to better serve customers in the greater Los Angeles, San Diego, Las Vegas, Phoenix and surrounding markets. Our entire UPG and Contractors Steel family looks forward to working with our new teammates to profitably grow our Southwestern business, Letnich said.
“We are very pleased this combination will enable us to provide our customers an expanded array of product, particularly in structural area, while maintaining the high level of service that has been Borrmann’s trademark for our 100-year history,” said Borrmann co-Presidents Robert Wedeen and Rob Persson.