Service Centers
Mill Steel Co. Acquires S&S Steel Services and Shuffles Service Center Locations.
Written by Sandy Williams
February 8, 2016
Mill Steel Co., one of the nation’s largest distributors of flat-rolled carbon steel, has acquired certain assets of S&S Steel Services, Inc. (S&S), an Indianapolis/Anderson based supplier of carbon flat-rolled steel service. Terms of the deal, which closed on January 11, 2016, were not disclosed.
S&S Steel services manufacturing customers in the Midwest, Mid-South and Mid-Atlantic United States and will support Mill Steel’s growing automotive, construction, home appliance, agriculture, and HVAC business in the southeastern U.S. and Mexico.
Steel slitting and cut-to-length processing operations will continue at the 215,000 square foot Anderson, Indiana processing facility. Certain members of the company’s leadership and commercial teams will remain in place and another 20 sales and production jobs are expected to be generated by the acquisition. In the coming months, Mill Steel plans to increase the existing production and distribution capability with the installation of additional processing equipment.
Mill Steel Chairman and CEO, David S. Samrick said the acquisition is a mutually beneficial transaction for Mill Steel and S&S’ employees, suppliers, and customers.
Mill Steel also announced it will move its Building/Painted Products Midwest operations from its Jeffersonville, IN plant to its recently acquired service center in Anderson, IN. Mill Steel expects to complete the move of the Midwest Building/Painted Products division by the end of April 2016.
Mill Steel recently announced plans to consolidate its Steel Structural Products Louisville steel framing manufacturing operations and related corporate office to its Ports of Indiana, Jeffersonville service centers. The consolidation expected to be completed by the end of March will relocate all 40 jobs to the Ports of Indiana, Jeffersonville area. Steel Structural Products’ move to Jeffersonville enables it to leverage Mill Steel’s processing services, inbound rail and barge material flow, and freight carrier network. The move is expected to enhance service and delivery capabilities to distribution customers.
Mill Steel Chairman and CEO, David S. Samrick said the recent moves of the Steel Structural Products (Louisville) division along with the consolidation of Mill Steel’s Building/Painted Products to its Anderson, IN location is a win, win, and win for the Company. The efficiencies created as a result of these moves are a game changer for all three business segments (Jeffersonville service center, Steel Structural Products, and Building/Painted Products division) operating under the Mill Steel Co. umbrella.
Mill Steel Company, one of North America’s premier flat-rolled steel suppliers, was founded in 1959 by Harry H. Samrick and is currently helmed by son David Samrick. The service and distribution center is headquartered in Grand Rapids Michigan and serves customers in automotive and non-automotive transport; appliance; office furniture; commercial construction; HVAC; home goods and agriculture Founded in 1959, Mill Steel Co. is. Mill Mill Steel operates five service centers locations including Grand Rapids and Melvindale (Detroit), MI, Jeffersonville, IN, Birmingham, AL, and now Anderson.
(Source: Mill Steel Press Releases)
Sandy Williams
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