Russel Metals Inc. Completes the Acquisition of Norton Metal Products, Inc.admin
Russel Metals Inc. announced that it completed the acquisition of Norton Metal Products, Inc. on November 28, 2008.
On November 10, 2008 Russel Metals announced that it had entered into a stock purchase agreement to acquire 100% of the outstanding capital stock of Norton, a U.S. metals service center located in Fort Worth, Texas.
Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three distribution segments: metals service centers, energy tubular products and steel distributors, under various names including Russel Metals, A.J. Forsyth, Acier Leroux, Acier Loubier, Acier Richler, Arrow Steel Processors, B&T Steel, Baldwin International, Comco Pipe and Supply, Fedmet Tubulars, JMS Russel Metals, Leroux Steel, McCabe Steel, Mã¯Â¿1/2gantic Mã¯Â¿1/2tal, Mã¯Â¿1/2taux Russel, Mã¯Â¿1/2taux Russel Produits Spã¯Â¿1/2cialisã¯Â¿1/2s, Milspec Industries, Pioneer Pipe, Russel Metals Specialty Products, Russel Metals Williams Bahcall, Spartan Steel Products, Sunbelt Group, Triumph Tubular & Supply, Wirth Steel and York-Ennis.