Service Centers
Majestic Expands in Southeast with Titan Acquisition
Written by Tim Triplett
December 3, 2018
Cleveland-based Majestic Steel USA, Inc., has acquired Titan Metal Service, Inc., a Tampa, Fla., service center and processor. The acquisition expands Majestic’s business in the coated flat-rolled market and extends its reach in the Southeast, particularly the growing Florida market, the company said.
“We are happy to welcome Titan Metal Service to the Majestic Steel USA family,” said Todd Leebow, Majestic President and CEO. “We look forward to continuing to support the existing business while pursuing growth opportunities in the Southeast region. As a combined team, we are committed to providing quality products and services to our customers.”
Founded in 1979, Majestic is a family owned and operated service center offering prime flat-rolled steel, including galvanized, galvannealed, Galvalume, aluminized, cold-rolled, phosphatized/bonderized, stainless and pre-painted products.
Tim Triplett
Read more from Tim TriplettLatest in Service Centers
Gilmore upbeat on year two as standalone Worthington Steel
Worthington Steel's CEO feels optimistic as the company heads into its second year as a standalone company.
Worthington Steel’s earnings improve despite sales slide
Depressed demand and weak prices drove Worthington Steel’s second fiscal quarter results to a sequential decline.
O’Neal Steel taps Jodi Parnell as top executive
Jodi Parnell has been named president and CEO of Birmingham, Ala.-based service center group O’Neal Steel.
Russel closes on Tampa Bay Steel deal
Russel Metals Inc. has closed on its buy of Tampa Bay Steel.
Worthington Steel inks deal for controlling stake in Italy’s Sitem
Worthington Steel has reached an agreement to acquire a controlling equity stake in Italian-based electric motor lamination producer Sitem SpA.