Barsteel Corp. Acquires Millennium Metals

“Millennium will have the opportunity to leverage Barsteel’s flat rolled expertise, while Barsteel gains new product lines to introduce to our existing customer base. The Millennium Metals acquisition fits well with Barsteel’s growth strategy of acquiring and investing in profitable steel distribution businesses performing at a high level. I am thrilled to be working with Art in our effort to continue Millennium’s steep growth trajectory,” said Drew Barnett, president of Barsteel Corp.

Founded in 1994, Barsteel is a full service distributor of hot rolled, cold rolled and coated steel products to a broad base of manufacturers across the U.S., Canada and Mexico. The company is based in Highland Park, Ill, and Merrillville, Ind.