Olympic Steel completes acquisition of Metal Works to expand metal products portfolio
11/11/24, 1:34 PM
Location
bedford heightsoakwoodIndustry
wholesale
building material
solar
manufacturing
Olympic Steel, Inc. (Nasdaq: ZEUS) has announced the acquisition of Metal Works, a leading manufacturer of components for various metal products. The acquisition is expected to be immediately accretive and will add state-of-the-art processing equipment and manufacturing expertise to Olympic Steel’s portfolio.
Company Info
Location
Bedford Heights, Ohio, United States
Company info
Founded in 1954, Olympic Steel is a leading U.S. metals service center focused on the direct sale of processed carbon, coated and stainless flat-rolled sheet, coil and plate steel, aluminum, tin plate, and metal-intensive branded products. The Company’s CTI subsidiary is a leading distributor of steel tubing, bar, pipe, valves and fittings, and fabricator of value-added parts and components. Headquartered in Cleveland, Ohio, Olympic Steel operates from 44 facilities in North America, inclusive of the two new locations added as part of the Metal-Fab acquisition.
For additional information, please visit the Company’s website at www.olysteel.com.