Metals USA acquires OEM supplier Gregor Technologies

Tuesday, 13 March 2012 01:20:02 (GMT+3)   |  
       

Fort Lauderdale, Florida-based metals distributor and processor Metals USA Holdings Corp. announced Monday that it has acquired Torrington, Connecticut-based Gregor Technologies, LLC. Gregor provides custom-crafted, parts and assemblies and tailored solutions to OEM customers in several attractive end markets such as industrial equipment and manufacturing, scientific instruments, electronics, aerospace, homeland security and defense.

Lourenco Goncalves, Chairman, President and CEO of Metals USA commented that, "In an environment where more and more customers are outsourcing low volume, high cost metal processing, we believe Gregor is a solid addition to the Metals USA platform...Gregor represents a continuation of the M&A growth strategy articulated in our IPO and have consistently executed since then."


Similar articles

Steel Dynamics to acquire minority stake in New Process Steel

15 Oct | Steel News

Ryerson announces acquisition of Specialty Metals Processing

08 Sep | Steel News

Ohio distributor acquires Allegheny Pipe & Supply

06 Apr | Steel News

Lexington Steel Corp. acquired by UPG Enterprises LLC

22 Sep | Steel News

Maksteel completes acquisition of LexWest Steel

08 Mar | Steel News

Steel Warehouse acquires Chicago steel service center

18 Jan | Steel News

Benjamin Steel acquires Byer Steel Group’s structural division

10 Dec | Steel News

Reliance acquires Washington-based processor and distributor

05 Nov | Steel News

Sumitomo Corp to acquire US steel products distributor Edgen Group

02 Oct | Steel News

Illinois-based New Star Metals acquires Canfield Metal Coating Corp.

02 Jul | Steel News