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Lawton Acquires American Iron & Alloys

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The Lawton Standard Co. has added American Iron & Alloys LLC, Waukesha, Wis., as part of its expansion strategy. AIA processes and distributes continuous cast iron, bronze bar, tubing and other metal components.

AIA also provides metal finishing and other services to the North American market. AIA primarily focuses on ductile and gray iron in round, square and rectangular bars under the well-known Versa-Bar brand. The bars can be processed into cut-length, tubed, mill or slit to plate configurations. Sizes range from 1.5 to 24 inches for all shapes to serve customers that produce and machine high-quality, gray, ductile, and austempered iron castings up to 250 pounds.

“We have been exploring ways – both via acquisition and organically – to augment our production efforts and further serve the marketplace. Working with AIA and Versa-Bar is a springboard to our developing services, including a distribution arm. We will support AIA’s growth as it works to support our foundries and their customers. When we look back in several years, both parties and all stakeholders will be astounded at what has been accomplished,” said Alex Lawton, CEO of Lawton Standard.

“Their strategy and focus on foundry-related businesses and locations were an obvious attraction for what I aspired to with AIA’s distribution capabilities. They have now brought that to the table for AIA and Versa-Bar,” said Rick Janes, president of American Iron & Alloys.