Metals USA Acquires J. Rubin

Metals USA, Fort Lauderdale, Fla., has acquired Midwestern service center company J. Rubin & Co., Rockford, Ill. J. Rubin has locations in Illinois, Wisconsin and Minnesota, with a product range consisting of carbon steel bars, carbon plate and laser-cut flat-rolled products. It serves a variety of end markets.

“We are very pleased to welcome the J. Rubin team to the Metals USA family. J. Rubin represents every element that we look for in an acquisition: great management, profitability, and a broad product mix,” says Lourenco Goncalves, chairman, president and CEO of Metals USA, the ninth-largest service center company in North America in the 2009 Metal Center News Top 50.

The transaction is the first since Metals USA became a publicly traded company on the New York Stock Exchange in April. "This transaction fits squarely within the growth strategy that we articulated during our IPO process and we are continuing to evaluate additional strategic acquisition opportunities," Goncalves says. 

 
January 2017: Consider the Tradeoffs of Trade Policies, Jobs
More...
 
Pause
January 2017: Conditions Right for M&A
More...
Fall 2016: Cutting & Sawing Equipment
More...
Summer 2016
More...
 
Pause
Behringer Expands VA-L Line of Circular Cold Saws
More...
Hypertherm Increases Power in Powermax45 XP
More...
Marvel Saw Cuts Specialty Metals
More...
KASTO Band Saw Reduces Cutting Times
More...
Messer MetalMaster Delivers Precise Bevels
More...
ASKO’s HXT Knives Cut High-Strength Steels
More...
 
Pause
Privacy Statement  |  Terms Of Use
Copyright by Metal Center News



Thursday, February 23, 2017