Steel Products
Union Partners Acquires Canadian Service Center Maksteel
Written by Sandy Williams
April 11, 2018
Union Partners, a Chicago-based, full-service metals and logistic company, announced on Wednesday the acquisition of Maksteel, a service center, toll processor and logistics provider located in Mississauga, Ontario.
Founded in 1970, Maksteel claims to be the first service center in Canada to process advanced high strength steels (AHSS) and martensitic steels as part of its extensive supply of material types and grades. The company offers operational capacity exceeding 700,000 tons of material annually on both a toll and resale basis. Specific capabilities include slitters that can accommodate coil widths up to 75 inches with thicknesses ranging from light (0.010) to heavy (0.625) gauges.
Maksteel also owns, operates and maintains a dedicated transportation fleet, allowing the organization to be a full supply-chain partner to its customers and vendors.
Maksteel joins Union Partners’ growing family of metals and logistics-focused companies, which include Lamination Specialties, Mapes & Sprowl, Cortran, Lee Steel, Berg Steel, Chicago Steel, JIT Steel Service, JIT Steel Transport, Opus Metals and its greenfield development on the campus at Big River Steel. The addition of Maksteel will enable Union Partners to expand its geographical footprint and provide enhanced products and services to better serve its North American customer base, the company said.
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Sandy Williams
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