Service Centers
Majestic Expands in Southeast with Titan Acquisition
Written by Tim Triplett
December 3, 2018
Cleveland-based Majestic Steel USA, Inc., has acquired Titan Metal Service, Inc., a Tampa, Fla., service center and processor. The acquisition expands Majestic’s business in the coated flat-rolled market and extends its reach in the Southeast, particularly the growing Florida market, the company said.
“We are happy to welcome Titan Metal Service to the Majestic Steel USA family,” said Todd Leebow, Majestic President and CEO. “We look forward to continuing to support the existing business while pursuing growth opportunities in the Southeast region. As a combined team, we are committed to providing quality products and services to our customers.”
Founded in 1979, Majestic is a family owned and operated service center offering prime flat-rolled steel, including galvanized, galvannealed, Galvalume, aluminized, cold-rolled, phosphatized/bonderized, stainless and pre-painted products.
Tim Triplett
Read more from Tim TriplettLatest in Service Centers
Galvanized steel prices slip while demand remains flat: HARDI
Galvanized steel prices dipped to ~$48/hundredweight in August from the $50-59/hundredweight range during the month of July.
Mill Steel relocating Texas facility to Port of Houston
Mill Steel Co. announced it is relocating its Houston operations to a bigger facility at the Port of Houston.
Olympic taps Anza for GM role at Connecticut location
Olympic Steel Inc. has promoted Vincent Anza to the role of general manager for its Milford, Conn., facility.
Friedman Industries’ profits jump in its fiscal Q1
Friedman Industries’ fiscal first-quarter earnings nearly doubled from a year ago.
Russel Metals hits recent revenue high as Q2 shipments surge
Russel Metals posted its strongest quarterly revenue in three years, fueled by higher steel prices, steady demand, and near-record shipments across its service center network.