Steel Mills
Former Big River Exec Bula Joins Union Partners
Written by Sandy Williams
February 6, 2019
Union Partners has appointed former Big River Steel executive Mark Bula as Executive Vice President of Corporate Development.
Bula served as Big River Steel’s chief commercial officer for six years helping to launch the company, developing their go-to-market strategy and directly managing all functional leaders. He exited the company in May 2018 and has received industry-wide recognition for his efforts at BRS.
In his new role, Bula will be responsible for managing and facilitating the growth strategy for Union Partners and their family of companies.
“Mark Bula is a key addition to the Union Partners team,” said Union Partners co-founders Chris Hutter and Paul Douglass. “His reputation in the industry is second to none and his innovative and forward-thinking approach will be instrumental to our strategy moving forward.”
Speaking about his new role, Bula said, “I look forward to the value I will bring to the Union Partners team. My experience gained from years in the industry along with my entrepreneurial mindset pairs me well with the company and their values. I am excited for what the future holds.”
Union Partners, based in Chicago, is a full-service metals and logistic company. It has assembled a large chain of service centers in the past several years, including its acquisition of Contractors Steel in Livonia, Mich., last May.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
‘Orderly liquidation’ of AHMSA assets begins
A trustee has formally taken over AHMSA and begun the liquidation process of the bankrupt Mexican steelmaker.
Nippon buying stake in Canadian iron ore project
Nippon Steel and a Japanese trading company have entered an agreement to buy a 49% interest in a Champion Iron ore project in Canada.
USS anticipates Q4 loss on weak demand, BR2 start-up
Amid a challenging pricing and demand environment, and with the ongoing ramp-up of the Big River 2 mill, USS is anticipating a loss for the fourth quarter.
Nucor blames steel mills segment for depressed Q4 guidance
Nucor cited decreased volumes and prices in it steel mills segment as the key driver of its lower guidance for the fourth quarter.
SDI warns of lower Q4 profits on weak prices, Butler outage
The Fort Wayne, Ind.-based steelmaker and metal recycler expects Q4'24 earnings guidance in the range of $1.26 to $1.30 per diluted share.