Service Centers
Pacesetter, NSBA Partner in Houston Service Center
Written by Tim Triplett
November 29, 2018
Pacesetter and Nippon Steel & Sumikin Bussan Americas are joining forces to build a new, world-class steel service center in Houston. The strategic partnership will strengthen NSBA’s and Pacesetter’s position in key growth markets in the Southwestern U.S. and Mexico.
The partnership is a strong strategic fit, said the companies, leveraging their respective strengths. NSBA will provide certain assets, technical expertise and substantial resources from their global relationships. Pacesetter will provide talent, equipment, strong customer relationships and service center operational expertise.
“The relationship with NSBA represents a powerful opportunity for Pacesetter to significantly expand our market presence and our product offerings. I am excited to see everything this partnership will bring as we embark on our new future together,” said Aviva Leebow Wolmer, Pacesetter CEO.
“NSBA has been serving the U.S. metals market for more than 60 years and is looking forward to strengthening our position in the U.S. market via this partnership with Pacesetter,” said Yoshiharu Tsurumi, President and CEO of NSBA. “NSBA’s goal is to continue to grow in the ever-changing and challenging U.S. market by providing value-added services to customers in the Southwest utilizing the synergies this joint venture creates. We are excited to join with the talented Pacesetter associates and their strong management team.”
NSBA is the trading arm in charge of distribution for Nippon Steel & Sumitomo Metal Corp. and its group of companies. Pacesetter operates service centers outside of Atlanta, Chicago and in Houston, processing and distributing a full range of cold rolled, coated and prepainted steels.
Tim Triplett
Read more from Tim TriplettLatest in Service Centers
Triple-S Steel buys plate distributor Griffin Trade Group
Triple-S Steel Holdings has acquired Houston-based plate distributor Griffin Trade Group.
Klöckner loss widens in Q1 but sees brighter quarter ahead
Klöckner & Co. logged a wider net loss in the first quarter on-year, but the Duisburg, Germany-based service center group expects higher shipments and sales in the upcoming three months.
Thyssenkrupp Materials Services adds Sinton stocking site
Thyssenkrupp Materials Services is continuing its expansion in North America. It announced the opening of a new steel service center in Sinton, Texas, to primarily serve the automotive, HVAC, and construction markets.
Majestic Steel opens Arkansas location on Nucor campus
Majestic Steel announced the completion of its flagship Majestic Steel Arkansas facility in Blytheville on the campus of Nucor Steel Hickman.
Olympic Steel profits fall 12% in Q1
Olympic Steel logged lower earnings in the first quarter of 2024, but the company said all three of its segments contributed to profitability.