Service Centers

Worthington Buys Heidtman’s Cleveland Facility
Written by Tim Triplett
October 8, 2019
Worthington Industries has acquired Heidtman Steel Products’ pickling and slitting facility in Cleveland. As part of the sale, the Cleveland operation under Worthington will continue to service Heidtman customers through a toll processing agreement.
“Heidtman’s Cleveland operation is a great addition to our steel business, further expanding our value-added steel processing capacity,” said Worthington Industries Chairman and CEO John McConnell. “The addition of Cleveland will strengthen our pickling capabilities and allow us to expand our presence in an attractive market.”
Heidtman’s 278,000-square-foot facility, constructed in 2004, includes pickling and slitting of hot rolled carbon flat rolled steel for the automotive, heavy truck, agriculture and heavy equipment markets and is adjacent to the ArcelorMittal steel mill. The facility is non-union and employs approximately 100 workers. It will complement Worthington’s network of facilities in northeast Ohio, including its cold rolled steel processing facility in Cleveland and Samuel Steel Pickling Co., a joint venture, in Cleveland and Twinsburg, Ohio, the company said.
“Heidtman continues to focus on providing our customers with a higher level of value-added products, processes and services. The Cleveland operation has predominantly been a toll processing facility under Heidtman, and the sale of the operation to Worthington allows Heidtman to better focus our resources on growing our business. We will continue to service our Cleveland–based sales customers through the toll processing arrangement with Worthington,” said Heidtman President and CEO Tim Berra. Heidtman declined further comment on the details of the transaction.
Worthington Industries, headquartered in Columbus, Ohio, is a global diversified metals manufacturing company with 71 facilities in seven countries and 2019 fiscal year net sales of $3.8 billion. Heidtman Steel, based in Toledo, Ohio, is a family-owned service center and processor with eight direct and joint venture facilities in Indiana, Illinois, Michigan, and Ohio and annual revenues of approximately $740 million. Worthington is ranked No. 9 and Heidtman No. 21 in the latest Service Center Top 50 from Metal Center News.

Tim Triplett
Read more from Tim TriplettLatest in Service Centers

Klöckner narrows Q1 loss, targets growth in North America and Europe
Germany’s Klöckner & Co. reported a narrower loss in the first quarter as the company targets becoming the “leading” service center and metal processing firm in North America and Europe by 2030.

Russel mulls buying US service centers despite Q1 profit dip
Russel Metals’ earnings slipped in the first quarter, but the company is still eyeing service center acquisitions in the US.

Olympic Steel earnings slump in ‘challenging’ first quarter
Olympic Steel’s earnings slid in the first quarter as the steel industry faced a “challenging” economic conditions.

Olympic taps Scott for board, Rippey steps down
Olympic Steel elected Peter J. Scott to its board of directors at its annual meeting on May 2. At the same time, long-time director Michael G. Rippey has retired from the board after 10 years.

Ryerson narrows loss in first quarter
Ryerson's net loss shrinks in first quarter.