TORONTO, April 16, 2018 /PRNewswire/ - Russel Metals
Inc. (RUS - TSX) announced that it has completed the previously
announced acquisition of DuBose
Steel.
DuBose Steel is a full line
structural steel service center operation with value-added
processing capabilities serving customers along the east coast and
south eastern United States from
its facilities located in Roseboro and Fayetteville, North
Carolina. Revenues for DuBose
Steel were approximately CDN$85
million during its last fiscal year.
John Reid, President and Chief
Operating Officer of Russel Metals stated, "We are extremely
pleased to have completed this transaction which expands our
United States service center
operations and capabilities. We welcome the employees and
customers of DuBose Steel to Russel
Metals' family of companies."
About Russel Metals
Russel Metals is one of the
largest metals distribution and processing companies in North
America. It carries on business in three metals distribution
segments: metals service centers, energy products and steel
distributors, under various names including Russel Metals, A.J.
Forsyth, Acier Leroux, Acier Loubier, Alberta Industrial Metals,
Apex Distribution, Apex Monarch, Apex Remington, Apex Western
Fiberglass, Arrow Steel Processors, B&T Steel, Baldwin
International, Color Steels, Comco Pipe and Supply, Couleur Aciers,
Fedmet Tubulars, JMS Russel Metals, Leroux
Steel, McCabe Steel, Mégantic
Métal, Métaux Russel, Métaux Russel Produits Spécialisés, Milspec,
Norton Metals, Pioneer Pipe, Russel Metals Processing, Russel
Metals Specialty Products, Russel Metals Williams Bahcall, Spartan
Energy Tubulars, Sunbelt Group, Triumph Tubular & Supply,
Wirth Steel and York-Ennis.
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SOURCE Russel Metals Inc.