Service Centers
NIM Group Closes Acquisition of Plateplus Plant in Colorado
Written by Tim Triplett
March 1, 2022
NIM Group has acquired Plateplus Inc.’s Windsor, Colo., plant, further expanding the product lines and processing capabilities of the family-owned network of service centers.
“We are pleased to welcome the Windsor team to the NIM Group family,” NIM Group president and COO Arnie Robinson said. “This facility is a great fit to continue our growth and investment in the Western United States.”
Plateplus supplies hot-rolled steel coil, sheet and plate from six service centers strategically located throughout the U.S. Its Windsor plant processes hot-rolled steel coils into sheet and plate products.
NIM Group is the parent company of Norfolk Iron & Metal, Metalwest and Cd’A Metals. Combined, they operate 17 locations nationwide with daily deliveries to customers in 30 states.
By Tim Triplett, Tim@SteelMarketUpdate.com
Tim Triplett
Read more from Tim TriplettLatest in Service Centers
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.
Worthington Steel set to move HQ across town
Worthington Steel is preparing to move its corporate headquarters to the Easton area of Columbus, Ohio.
Reliance reports record tons sold in Q1
A factor in the sales was customers buying ahead of tariff-related price increases.