Service Centers
Triple-S Steel Expands in Southern California
Written by Tim Triplett
June 21, 2021
Triple-S Steel Holdings, Inc., Houston, has acquired Los Angeles-based Rolled Steel Products and E&E Steel. The two companies, founded in 1956 and under the ownership of the Alperson family since 1973, supply precision strip and flat-rolled products to a range of customers in Southern California. Terms of the deal were not disclosed.
“We are very excited to continue to expand our coverage in California, especially in the Southern California specialty market. With this acquisition, we will be able to offer our customers a more extensive flat-rolled offering. My colleagues and I are proud to welcome the RSP team to our family,” said Gary Stein, CEO of Triple-S.
RSP will operate as part of Maas Hansen Steel, a Triple-S Steel Holdings division.
Triple-S Steel is a family-owned general-line service center with a special emphasis on the construction markets. It has more than 35 locations in North America and abroad selling nearly 500,000 tons of steel per year. Its facilities in the U.S. range as far west as Southern California and as far east as Knoxville, Tenn.
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.