Service Centers

Lapham-Hickey Announces Expansion Into Mexico
Written by Becca Moczygemba
September 22, 2022
Lapham-Hickey Steel is continuing its growth by taking a controlling stake in Mexico’s lamination stamper and value-added services provider VC Laminations.
VC Laminations, located in Queretaro, Mexico, is a family-owned business that produces a complete line of E&I and motor laminations to the electric and power generation markets. The manufacturer has 10 high-speed progressive stamping presses, in-house annealing capabilities and multiple cut-to-length lines.
Rome, Ga.-based service center Lapham-Hickey expressed its enthusiasm for the partership, noting that it positions the organization to be a prominent service center with value-added services for electrical steel. VC Laminations will continue to operate under its current name.
“As we developed a relationship with VC Laminations and the Casas family, it was clear their family business shared similar core values with Lapham-Hickey. The alignment of the culture at VC and the shared vision for both companies to be a market leader in the electrical steel market will be a solid foundation for our partnership,” said chief commercial officer of Lapham-Hickey, Will Hickey.
“Lapham-Hickey is the definition of excellence in the steel industry, and we are excited to begin this new chapter under the leadership of Brian and Will Hickey,” commented Rodrigo Casas, general director of VC Laminations.
Lapham-Hickey also recently announced the acquisition of SMC Metal Fabricators of Oshkosh, Wisc., whose primary services include laser cutting, forming, welding, powder coating, and assembly services.
Lapham-Hickey Steel is a family-owned service center with locations throughout the Midwest, East Coast, and Southeast US. In addition to providing carbon steel products, it also provides cold-rolled motor lamination steel, non-grain oriented electrical steel, and grain-oriented electrical steels with capabilities including coil slitting, sheets, shunts, and DG cores. It currently serves the electrical steel markets out of its Chicago and Rome, Ga. locations.
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.