Steel Products
Main Steel Acquired by Canadian Distributor Samuel
Written by Sandy Williams
November 16, 2017
Main Steel, headquartered in Elk Grove Village Ill., has been acquired from by Samuel, Son & Co., Ltd, a Canadian metal manufacturer, processor and distributor. Main Steel is a processor and polisher of stainless steel, aluminum and nickel alloys with processing locations in Atlanta, Elk Grove Village, Harmony, Pa., and Riverside, Calif.
The company will retain the Main Steel name and operate its current toll processing business model. It will be managed independently from the Samuel Service Center group and led by current Main Steel President Paul Patek, Senior Vice President of Commercial Dave Yundt and CFO Beth Szymanski.
The acquisition of Main Steel compliments Samuel’s existing capabilities and fits with its long-term strategy to enhance Samuel’s offering to both its supply chain partners and its customer base.
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“This is a great outcome for Main Steel, and we look forward to joining Samuel, which will continue to support Main Steel as a leader in specialty metals processing,” Patek said.
Sandy Williams
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