Service Centers
Triple-S Expands in Mid-Atlantic Region
Written by Tim Triplett
October 14, 2021
In its latest acquisition, Triple-S Steel Supply Co., Houston, has purchased BMG Metals, a steel distributor and metal superstore with five stocking locations throughout Virginia and Maryland.
Steve Briggeman, a 21-year veteran of Triple-S, has been promoted to regional vice president. A resident of Knoxville, Tenn., Briggeman will oversee the new BMG business in addition to the Knoxville branch.
BMG Metals supplies carbon steel, stainless and aluminum. Its processing services include plasma cutting and burning, plus sawing and shearing.
“Steel distribution is what we love, and we welcome the opportunity to meet new friends and customers in one of the birthplaces of the United States. BMG provides a great vehicle to bring what we do best to this region,” said Gary Stein, CEO of Triple-S.
“After taking BMG as far as we could over the past nine years of ownership, Dillon Supply and our parent Descours and Cabaud realized BMG needed to be part of a larger steel organization in order to grow to the next level. Triple-S Steel, with its strong leadership, is the company to do just that,” said Dean Wagoner, president of BMG Metals.
Triple-S Steel Supply is a general line service center with a special emphasis in the construction markets. From its roots in Houston, it has grown throughout North America, Central and South America, and Asia. The company sells nearly 500,000 tons of steel per year.
By Tim Triplett, Tim@SteelMarketUpdate.com
Tim Triplett
Read more from Tim TriplettLatest 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.