Service Centers
Alro Steel Enters Agreement to Acquire Klein Steel
Written by Brett Linton
March 29, 2022
Alro Steel announced Tuesday that it has entered into an agreement to acquire certain assets of Klein Steel, a metals service center with locations in Buffalo, Rochester, and Syracuse, New York. The transaction, terms of which were not disclosed, is expected to close by the end of April.
Founded in 1971, Klein Steel offers multiple metals for next-day delivery to customers in the Northeast, as well as value-added processing services. Alro will continue to operate the Klein metals service center facilities and the Express Metals Outlets in Rochester and Syracuse.
“We are excited to welcome the Klein Steel team to the Alro family. Klein Steel has a great reputation in the metals industry for over 50 years and will enable Alro to continue our growth strategy in the Northeast, offering a wider range of products and processing capabilities in the Klein Steel footprint.” Alro Steel CEO Randy Glick said.
Alro Steel was founded in 1948 by brothers Al and Robert Glick. The company is a distributor of metals, industrial supplies, and engineering plastics. Alro operates more than 70 locations in 13 states and provides a broad inventory of products.
By Brett Linton, Brett@SteelMarketUpdate.com
Brett Linton
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