Service Centers
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/09ec1673ec40969c54f2bf1b383a9087.jpg)
All Metals Industries Purchases Gerber Metal Supply
Written by Laura Miller
November 16, 2022
Metal products service center Gerber Metal Supply Co. has been purchased by All Metals Industries Inc. (AMI).
Gerber is a New Jersey-based distributor of carbon sheet steel, strip, blanks, and edge processed material.
Belmont, New Hampshire-based AMI is a finisher and distributor of carbon, aluminum, stainless, and coated sheet and coil products serving the Northeastern region of the US.
Terms of the deal were not disclosed. The Metals & Metals Processing investment banking team of Brown Gibbons Lang & Co. (BGL) served as financial advisor to Gerber for the transaction.
“With the company’s co-founders looking to transition to retirement, it was important to find a partner who would not only continue the legacy of the business they had built for nearly 60 years, but also take it to the next level,” BGL noted in a press release announcing the sale.
By Laura Miller, Laura@SteelMarketUpdate.com
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/02/SMU_LM_headshot.png.jpg-150x150.png)
Laura Miller
Read more from Laura MillerLatest in Service Centers
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/02/Reliance-new-logo.png)
Steel pricing pressure squeezes Reliance’s Q2 earnings
Reliance Inc. said a faster-than-expected decline in carbon steel prices offset higher shipments in the second quarter.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Premium1.png)
June service center shipments and inventories report
Flat Rolled = 60.9 Shipping Days of Supply Plate = 59 Shipping Days of Supply Flat Rolled US service center flat-rolled steel supply remained high at the end of June at 60.9 shipping days of supply, according to adjusted SMU data. This translates to 3.05 months of supply in June. At the end of May, […]
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/02/Reliance-new-logo.png)
Reliance to buy certain assets of Mississippi toll processor
Reliance Inc. has reached an agreement to buy certain assets of Ferragon Corp.'s FerrouSouth division, a toll processing operation based in Iuka, Miss.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/hand_shake.png)
Steel Warehouse set to invest $20M in Tennessee expansion
Steel Warehouse plans to expand in Jefferson City, Tenn., with an investment of ~$20 million.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/01/cropped-SMU_Mobile_final.png)
SMU Community Chat: Back to building with Triple-S CEO Gary Stein
Looking out over the American economy, Triple-S Steel Holdings CEO Gary Stein believes what is required doesn’t fundamentally have to do with government policy. “Rather, it’s a mind shift.”