Friedman Buys PlatePlus Operations in East Chicago, Granite City

Friedman Industries has acquired PlatePlus Inc. facilities in East Chicago, Ind., and Granite City, Ill., including real estate, buildings, equipment, inventory, and other assets.

The deal between the two service center groups closed on April 30, Friedman said. It includes not only steel inventory but also customer and supplier networks from Plateplus locations in Loudon, Tenn. and Houston.

David Schollaert

David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.