Ranger Steel Services has acquired the steel operations of Detroit-based heavy plate distributor Nance.
The acquisition includes Nance’s stocking locations in Detroit, Chicago, Houston, and East Liverpool, Ohio.
The headquarters of the new entity, Nance Steel Sales, will be in Houston. Operations there are scheduled to begin on February 1, 2024.
“The synergy created by further perfecting the product ranges offered by both Nance and Ranger Steel, coupled with the additional yard locations nationwide, will only serve to enhance opportunities to our mutual clientele,” Ranger Steel said in a statement sent to SMU.
Houston-based Ranger Steel is a privately owned steel plate distributor with locations in Houston; Tulsa, Okla.; Fort Worth, Texas; and the Los Angeles Basin.
It serves the shipbuilding, oil and gas, mining, industrial construction, and service center sectors, as well as fabricators of heavy plate, vessel and heat exchangers, storage tanks, bridges, electrical transmission, and rail cars.
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