Service Centers

Alro Steel to Acquire Access Metals

Written by David Schollaert

September 6, 2022

Alro Steel announced last week that it has entered into an agreement to acquire certain assets of Access Metals, a Maryland-based metals service center. The transaction, terms of which were not disclosed, is expected to close on Sept. 30.

Access Metals is a service center specializing in small orders of value-added and cut-to-size metals. Founded in 2006, the Baltimore-based metals service center serves the Mid-Atlantic manufacturing, machining, and fabricating industries.

“I’m pleased to announce that, effective Sept. 30, ownership of Access Metals will transfer to Alro Steel,” Access Metals president and CEO Yolanda Drenner said. “It’s a well-established, family-owned business. … Alro shares my philosophy to exceed customer expectations through superior service and teamwork.”

The deal will allow Alro to grow its customer base in the eastern United States while providing improved service for cut-to-size metals. This is Alro’s fourth service center acquisition within the past year.

“We are excited to welcome Access Metals to the Alro family. Access Metals has a reputation for superior customer service with a strong base of manufacturing customers in Maryland,” Alro CEO Randy Glick said.

Alro Steel was founded in 1948 by brothers Al and Robert Glick. The company is a distributor of metals, industrial supplies, and engineering plastics. Alro operates more than 70 locations in 13 states and provides a broad inventory of products.

By David Schollaert, David@SteelMarketUpdate.com

 

David Schollaert

David Schollaert is a senior analyst for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. Based in CRU’s Pittsburgh office, David can be reached at david@steelmarketupdate.com or 724-720-1008.

Read more from David Schollaert

Latest in Service Centers