Service Centers
NIM Group Closes Acquisition of Plateplus Plant in Colorado
Written by Tim Triplett
March 1, 2022
NIM Group has acquired Plateplus Inc.’s Windsor, Colo., plant, further expanding the product lines and processing capabilities of the family-owned network of service centers.
“We are pleased to welcome the Windsor team to the NIM Group family,” NIM Group president and COO Arnie Robinson said. “This facility is a great fit to continue our growth and investment in the Western United States.”
Plateplus supplies hot-rolled steel coil, sheet and plate from six service centers strategically located throughout the U.S. Its Windsor plant processes hot-rolled steel coils into sheet and plate products.
NIM Group is the parent company of Norfolk Iron & Metal, Metalwest and Cd’A Metals. Combined, they operate 17 locations nationwide with daily deliveries to customers in 30 states.
By Tim Triplett, Tim@SteelMarketUpdate.com
Tim Triplett
Read more from Tim TriplettLatest in Service Centers
GM names Worthington a 2024 Supplier of the Year
This is the Ohio-based steelmaker’s fourth time winning the award.
Olympic taps Hegler for GM role at Action Stainless
Olympic Steel has named Alex Hegler as general manager for its Action Stainless facility in Rock Hill, S.C.
Olympic opens new Houston facility for Action Stainless unit
Olympic Steel has opened a new facility in Houston to support its Action Stainless business.
Worthington Steel sees demand improvement after earnings slump
Lower volumes and steel prices dampened Worthington Steel’s profits, but market momentum is building, the metals processor said in its most recent quarterly earnings report.
Galvanized buyers see strong demand, but uncertainty lingers
Demand is up, but tariffs raise concerns