SteelCo Acquires Assets of Douglas Steel Supply
By Metal Center News Staff
on May 16, 2018
SteelCo USA has purchased certain assets of Vernon, Calif.-based Douglas Steel Supply, a West Coast processor of mill flat sheet and slit coils. The acquisition includes multiple large-scale production lines, material handling equipment, vehicles, tooling and inventory.
“Both SteelCo USA and Douglas Steel Supply are known in the marketplace for consistent, high-quality product,” said Erik Gamm, CEO of SteelCo USA. “The opportunity to acquire proven, class-leading processing equipment allows us to continue to grow and maintain the reputation for quality that our customers have come to rely on.”
The key processing equipment acquired includes three 60-inch wide precision multi-blanking lines from Red Bud and Herr Voss, a Stamco/Wean 60-inch-wide slitting line with multiple off-line slitting heads, a 51-inch-wide Stamco slitting line, multiple overhead cranes and Cincinnati shears. The equipment will be installed at either the SteelCo facility or its sister company, Mission Metals.
“The addition of this equipment to SteelCo USA’s existing production operations marks a significant step forward in our ability to provide our customers with the breadth and depth of processing services that they need, while maintaining the level of quality and speed of service that they expect,” said Tim Miller, vice president and general manager of SteelCo USA.
SteelCo is a division of West Coast Processing, Chino, Calif.