Service Centers
Alro Acquires Metal Stock, Extends Reach in Mid-Atlantic
Written by David Schollaert
September 2, 2021
Alro Steel Corp. has acquired Metal Stock, a Philadelphia-based service center and distributor of steel and plastic products. This asset purchase will allow Alro to grow its customer base while providing improved service for cut-to-size metals and plastics, the company said.
Established in 1994 as a full-service metal distributor, Metal Stocks serves Eastern Pennsylvania, New Jersey, and Delaware. The acquisition strengthens Alro Steel’s reach in the Mid-Atlantic and beefs up its position across the Keystone state.
Jackson, Mich.-based Alro is North America’s seventh largest metals processor with revenues of $1.9 billion in 2020. The company operates more than 70 locations in 12 states, distributing a full range of metals, industrial supplies and engineering plastics. Alro has a tailor-made, cut-to-size offering for metals and plastics with next-day delivery to 25,000 customers in North America.
David Schollaert
Read more from David SchollaertLatest in Service Centers
Brown Strauss Steel names new chief executive
Denver-based service center Brown Strauss Steel has named Kris Farris as CEO, effective Jan. 1. Farris has also joined the company’s board of directors. He previously served as president and COO of Brown Strauss Steel. Farris is taking over from Ryan Secrist, who held the CEO role since 2013. Secrist is stepping down from position […]
Galvanized buyers see glimmers of optimism amidst the chaos
Reflecting on 2024 and looking ahead to the new year, galvanized steel buyers on this month’s HARDI call expressed a mix of cautious optimism with lingering uncertainties.
SPS Companies and State Steel combine service center businesses
Steel fabricators and distributors SPS Companies and State Steel will be merging their service center businesses under the SPS Companies family of firms.
Norfolk Iron & Metal to buy Pennsylvania service center
The deal will expand Norfolk’s stainless steel sheet and coil product lines, the company said.
Lapham-Hickey acquires Michigan’s Alkar Steel
Alkar Steel and Processing supplies hot- and cold-rolled steel, high carbon spring steel, high strength-low alloy steel, coated and stainless steel products throughout the Midwest.