Service Centers

Samuel, Son & Co. Acquires RAMP Inc.
Written by Becca Moczygemba
September 14, 2022
Samuel, Son & Co. is expanding its family, announcing its recent acquisition of technology development company RAMP Inc.
Based in Waterloo, Ontario, RAMP specializes in full system design, technology development, and integration. Its custom automation systems are intended to increase efficiencies in the workplace.
“RAMP is an outstanding automation integrator with a unique product and service offering and an experienced leadership team,” said president of Samuel Manufacturing, Brian Cooke. “Industrial automation is an attractive and rapidly growing market, and we look forward to working with the highly skilled RAMP team to develop outstanding new automation solutions for our customers.”
As Samuel seeks to further develop its manufacturing proficiencies, RAMP will be integrated into Samuel’s Automation Solutions Group (ASG), next to CAID Automation and Systematix. The expansion of Samuel ASG allows for extended geographical reach for the Canadian company.
President of RAMP, Tom Nitsche, stated in a press release, “We are extremely proud to be joining the Samuel ASG group of companies. The leadership team at Samuel has a clear vision for combining our businesses and capitalizing on the unique technology attributes we each bring to the table.”
Samuel, Son & Co. is a family-owned organization based in Oakville, Ontario, that provides metal manufacturing, processing, and distribution services across North America.
By Becca Moczygemba, Becca@SteelMarketUpdate.com

Becca Moczygemba
Read more from Becca MoczygembaLatest 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.