Tata acquires Oregon-based Totem Steel

Portland, Oregon-based Totem Steel International and Tata International Metals Americas, a division of Tata International, announced that effective on February 1, 2015, Totem Steel will be continuing its operations as Tata International Metals Americas.

"My biggest excitement about this relationship is the opportunity to take our operation to the global level beyond what we can achieve on our own. Our partnership with Tata will build on our already impressive growth with the help of their tremendous reach and resources," says JR Meyers, Totem's founder and owner, of the partnership.

"The expertise of JR Meyers and Totem Steel represent a unique aspect of the steel trading business we are proud to add to our portfolio," says Murat Askin, President, Tata International Metals Americas. "It will be a pleasure growing our business together."