ECP American Steel acquires structural products manufacturer

Thursday, 23 December 2010 01:37:41 (GMT+3)   |  
       

Fort Wayne, Indiana-based ECP American Steel, LLC announced Wednesday its Materials Handling Equipment Division has purchased the assets of Fort Wayne Structural Products Corporation (FWSPC) for an undisclosed amount. The acquisition will allow Materials Handling Equipment to strengthen and diversify its services and product offerings to current customers, as well as significantly broaden its customer base in the Midwest.

"We are pleased with the acquisition," announced ECP President, Eric Stetzel. "Our Company's collective customers will benefit from the expertise FWSPC has developed through over 30 years. These new capacities add value to the solutions ECP offers through its other family of businesses, including American Wire Rope & Sling. These services include the ability to design, manufacture, or supply a wide range of products including slings, wire rope, clamps, lifting devices, crane systems, crane services, conveyors, dock systems, lift trucks and automation." Stetzel concluded, "We now can offer a complete turnkey solution providing a complete crane system, fully integrated into a building structure."


Similar articles

Nippon Steel tries to allay concerns regarding US Steel acquisition

19 Apr | Steel News

US Steel shareholders approve acquisition by Nippon Steel despite opposition

16 Apr | Steel News

US automakers express concerns regarding US Steel acquisition

03 Apr | Steel News

Biden: US Steel “must remain domestically owned and operated”

15 Mar | Steel News

USW receives Biden’s support on opposition to sale of US Steel

06 Feb | Steel News

Biden: Acquisition of US Steel by Nippon Steel needs to be investigated

28 Dec | Steel News

Tenaris acquires pipe processing plant in US

08 Sep | Steel News

Turkey’s Borusan Mannesmann in talks to acquire Europipe’s US unit

17 Mar | Steel News

InfraBuild plans to acquire GFG’s three US assets

18 Nov | Steel News

ArcelorMittal completes acquisition of Voestalpine’s HBI plant in Texas

01 Jul | Steel News