Drexel Metals Announces Acquisition of MetFab
Drexel Metals Inc. just sent out this press release:
Ivyland, PA – October 31, 2011 – Drexel Metals Inc. (“Drexel Metals”), a leading provider of equipment, materials, engineering and warranties for the production of standing seam metal roofing systems, announced today the acquisition of Metal--?Fab Manufacturing, LLC (“MetFab”), a provider of custom metal roofing and architectural sheet metal solutions in the greater D.C./Maryland/Virginia region.
MetFab offers a complete line of metal roofing and architectural sheet metal products that include 42 engineered metal roof system assemblies, radius metal roofing products, batten systems, flush wall and soffit systems, custom cornice and historic trim fabrication, engineered perimeter edge systems and column covers. MetFab is also part of the Centria Dealer Network and will continue to proudly serve the Maryland area as a supplier of Centria Architectural Systems.“
The acquisition provides MetFab with national exposure through the Drexel Metals platform, expanding MetFab’s geographic reach while still maintaining our core values of exceptional service and customer support,” said Bill Chandler, General Manager of MetFab Manufacturing. “The MetFab organization is extremely excited about helping Drexel Metals achieve its mission to become the industry leader in “On--?Demand” standing seam metal roofing systems and architectural sheet metal .” “Becoming a Drexel Metals company gives us great financial strength and allows us to expand our sales team product offering and territory,” adds Chandler. “MetFab’s product offering, location and people are a great strategic and cultural fit for Drexel Metals”, said Brian Partyka, President of Drexel Metals.
“With the MetFab acquisition, Drexel Metals expands its capabilities into custom fabrication and adds a new fully stocked Drexel Metals Baltimore--?based distribution point. This expansion allows for quicker delivery and better service for our national accounts and those customers located on the eastern seaboard,” Partyka adds.
The acquisition also broadens Drexel Metals energy--?efficient portfolio and extends our reach into new products that focuses on total building envelopment components and performance.
“MetFab is one of the leading metal fabrication experts in our industry,” states Rob Waite, CEO of Drexel Metals. “MetFab’s talented craftsmen produce a wide variety of factory formed profiles and custom architectural sheet metal products that afford architects, designers, and engineers new and improved methods for detailing. These are very exciting times for Drexel Metals and we look forward to continuing to support and expand our product offerings.”