Target Expands Blanking Capabilities with Acquisition
By Metal Center News Staff
on Jan 19, 2021
Target Metal Blanking has acquired two new metal processing operations from SET Enterprises. The facilities are located in the Chicago area and North Vernon, Ind.
The Sauk Village, Ill., facility is home to a Tier 1 automotive blanking operation. It runs six blanking lines, plus leveling and stacking capabilities and warehousing services for Class A and non-Class A service blanks.
The Indiana location houses equipment for slitting and blanking of Class A and non-Class A surface metal coils and blanks. It also offers packaging and warehousing services.
“This acquisition will extend our metals processing portfolio as well as our physical geographical reach. Our customers will enjoy true one-stop shopping for all their metals needs. We’ll be able to provide slit coil and/or sheets in any configuration needed. Our metal blanking capabilities are expanded to include cut-to-length blanks, configured blanks, trapezoid / parallelogram blanks, and chevron blanks in exposed and unexposed surface conditions,” says Michael Bruff, director of Target Metal Blanking. “Additionally, Target Metal Blanking will be able to offer flat rolled carbon steel, flat rolled aluminum, and flat rolled stainless steel.”
Both facilities feature rail and truck access and IATF Quality Certifications. TMB is also maintaining the experienced staff at both facilities.
The facilities will be led by TMB President Michael Simone, Bruff, Operations and Manufacturing Manager Nick Renzi, Sauk Village General Manager Bill Johns and North Vernon General Manager Steve Studdard.
Target Metal Blanking is operated by Target Steel, Flat Rock, Mich. Target Steel was the 37th largest service center company in North America in the 2020 MCN Top 50 rankings.