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Article: Gibraltar leaping in ranks of WNY firms.
- Article from:
- The Buffalo News (Buffalo, NY)
- Article date:
- September 19, 2005
CopyrightCOPYRIGHT 2005 The Buffalo News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: David Robinson
Sep. 19--Gibraltar Industries, ever so quietly, is moving in with the big boys.
After agreeing last week to a $240 million deal to buy Alabama Metal Industries Corp. and another deal to buy Gutter Helmet, the Hamburg-based steel and metal construction products manufacturer is building itself into one of the region's biggest businesses.
Assuming the Alabama Metals deal passes muster with anti-trust regulators, Gibraltar will have bulked up into a company with $1.4 billion in annual sales. That puts it in the same league as Rich Products Corp., Delaware North Cos., National Fuel Gas Co. and M&T Bank Corp.
That's ...