Service Centers
ANDRITZ Group Acquires Herr-Voss Stamco
Written by Sandy Williams
November 19, 2014
Austrian international technology company ANDRITZ Group has acquired Herr-Voss Stamco in Callery, Pennsylvania for an undisclosed purchase price.
The acquisition will enlarge ANDRITZ’s service and product offerings in the North American metals sector. Herr-Voss Stamco also serves a large customer base in the North American automotive, service center and oil/gas industries.
Herr-Voss Stamco is supplier of coil and sheet metal processing solutions for ferrous and non-ferrous applications. The privately held company has 300 employees and annual sales of around $62.7 million.
The ANDRITZ Group is a global supplier of plants, equipment, and services for hydropower stations, the pulp and paper industry, the metalworking and steel industries, and solid/liquid separation in the municipal and industrial sectors.
Sandy Williams
Read more from Sandy WilliamsLatest in Service Centers
October service center shipments and inventories report
Flat rolled = 63.4 shipping days of supply Plate = 52.4 shipping days of supply Flat rolled shipments and inventories Flat-rolled steel supply at US service centers remains seasonally high. October inventories increased after edging lower in September – a dynamic driven largely by disappointing demand. October’s report reflects lower demand and stable lead times […]
Russel Metals to acquire Tampa Bay Steel
Tampa Bay Steel, a Florida-based steel distributer and metal processer, generated average annual revenues of about US$115 million
Friedman swings to loss amid ‘challenging’ market
Friedman Industries swung to a loss in its fiscal second quarter ended Sept. 30 amid “challenging” business conditions.
Worthington Steel taps Larivey as flat-rolled steel president
Worthington Steel has named Cliff Larivey as the company’s president of flat-rolled steel processing, effective Dec. 1. He will replace Jeff Klingler, who had been performing the role for the past year.
Olympic buys Georgia components manufacturer Metal Works
Cleveland-based Olympic Steel announced its first acquisition of 2024, Georgia-based components manufacturer Metal Works.