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Article: Metals Chips.(Russel Metals Inc. acquires Norton Metal Products Inc.)(United States Steel Corp. opens new $450 million coke plant in Sumter County)(Timken Co. opened its new $60 million small-bar steel mill in Canton, Ohio)
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- December 11, 2008
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By Tom Stundza
Russel Metals of Mississauga, Ontario, has bought Norton Metal Products , a family-owned metals service center in Fort Worth, Texas, which sells $70 million annually of merchant bars and plate to industrial manufacturing and non-residential construction. Russel Metals is the fifth largest service center chain in North America with 2007 sales of $3.15 billion.
U.S. Steel Corp. 's new $450 million coke plant in Sumter County, Ala., is being delayed "until stormy economic conditions clear."
Timken has opened its new $60 million small-bar steel mill in Canton, Ohio. The new 76,000 square-foot steel mill will produce alloy bars down ...