Union Partners acquires Midwest-based service center chain

Friday, 18 May 2018 20:55:24 (GMT+3)   |   San Diego
       

Chicago-based Union Partners announced effective May 16, 2018 that it has acquired Contractors Steel, a steel service center that serves North America from five locations in the Midwest.

Contractors Steel maintains over 100,000 tons of carbon and structural plate, beams, pipe, tube, angles, and channels, among other products, within 2.1 million square feet of indoor and outdoor storage space.

Contractors has a full range of processing capabilities that include long product, laser cutting, drilling, tapping, machining, cambering, grinding, saw cutting, shearing/press breaking, plate and structural rolling, plate processing, and plate burning.

In a press release, Union Partners said the acquisition of Contractors provides further expansion for they company as they focus on increasing their geographical reach and product offerings to better attend to their customer base across North America. Contractors joins Union Partners' family of companies that includes Maksteel, Lamination Specialties, Mapes & Sprowl, Cortran, Lee Steel, Chicago Steel, Berg Steel, JIT Steel Service, JIT Steel Transport, Opus Metals and its greenfield development on the campus of Big River Steel.


Tags: US North America M&A 

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