Trade Resources Company News Majestic Steel Completed The Acquisition of Flatrolled Steel Inc. of Houston, Texas

Majestic Steel Completed The Acquisition of Flatrolled Steel Inc. of Houston, Texas

Cleveland, Ohio-based Majestic Steel USA announced Wednesday that it has completed the acquisition of Flatrolled Steel Inc. of Houston, Texas, which will run under the Majestic Steel Name.

“We see this as an opportunity to expand our reach in the Southwest region while continuing to support the existing business,” said Todd Leebow, President of Majestic Steel, in a statement.“We're looking forward to welcoming the Flatrolled Steel associates to the Majestic family."

Terms of the sale were not disclosed.

Majestic Steel's current product offerings include prime, flat-rolled steel sheets and coils from multiple producers and focuses largely on galvanized, galvannealed, galvalume, aluminized, cold-rolled and phosphatized/bonderized steel for various industries.

Source: http://www.steelorbis.com/steel-news/latest-news/majestic-steel-completes-purchase-of-texas_based-flatrolled-steel-inc-802143.htm
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Majestic Steel Completes Purchase of Texas-Based Flatrolled Steel Inc.
Topics: Metallurgy