Service Centers
Alro to Take Over Central Steel Facility in Milwaukee
Written by Tim Triplett
September 2, 2019
Alro Steel Corp. is reportedly investing $12 million in improvements to the former Central Steel & Wire Co. facility on Milwaukee’s south side, which it purchased for $7.1 million earlier this year. The Jackson, Mich.-based distributor plans to relocate its Wauwatosa distribution center there by late 2020.
Alro is in the process of constructing a 96,000-square-foot addition to the service center, which will bring the total to around 203,000 square feet. The improvements will include additional warehouse space and remodeled offices.
Alro Steel distributes a full range of metals, plastics and other industrial supplies from more than 50 locations in the eastern half of the United States. Alro was ranked No. 11 among the top 50 service centers in North America last year by Metal Center News.
Central Steel & Wire Co. was acquired last year by Chicago-based Ryerson Holding Corp. for $158.3 million.
Tim Triplett
Read more from Tim TriplettLatest in Service Centers
Reliance taps Stotlar to be new board chair
Reliance Inc., the largest service center chain in North America, has picked Douglas Stotlar to be the next chairman of its board. The move will be effective Jan. 1, 2025. Mark Kaminski, the current chair, will then step down from that role but will remain on the board.
Flack Global Metals closes on Pacesetter deal
Flack Global Metals (FGM) has closed on its majority ownership stake in Pacesetter Steel Service.
Worthington Steel profits fall amid lower prices, volumes
Worthington Steel’s earnings tumbled in its fiscal first quarter of 2025. The company cited a drop in selling prices and tons sold for the sales dip for the three months ended Aug. 31.
Buyers say galv prices stable mill level but stuck in swamp on the street
Galvanized steel buyers on Tuesday discussed the eerie stability in sheet prices of late. Expectations are for the murky market to persist in the short term, while glimmers of hope continue for prices pushing higher.
Triple-S Steel buys West Coast distributor Borrmann Metals
Triple-S Steel Holdings has acquired West Coast steel products distributor Borrmann Metals Co.