Service Centers

BICO Steel Closes Acquisition of Integrity Fab and Machine
Written by Becca Moczygemba
October 27, 2022
BICO Steel has acquired Integrity Fab and Machine Inc. (IFABM), further expanding its processing and fabrication capabilities.
BICO is a processor of heavy carbon steel plate and forged specialty alloy steel in Mogadore, Ohio, providing die casting, fabrication, machining, and other processes that serve various end-use segments.
The addition of Breckenridge, Mich.-based IFABM, which specializes in custom fabrications, die sets, plate, and parallels, enables BICO to satisfy growing customer demands.
“We couldn’t have found a better fit for BICO than IFABM. Kirk, Rollie and Trent have long histories serving the tool and die/metal stamping and agricultural industries and have built an envious market position with IFABM. The combined capabilities of the two companies will allow us to serve the growing demand we see from customers in a variety of steel related end markets,” said John Frazier, CEO of BICO.
By Becca Moczygemba, Becca@SteelMarketUpdate.com

Becca Moczygemba
Read more from Becca MoczygembaLatest in Service Centers

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

Olympic taps Zito for new VP of development role
Cleveland-based Olympic Steel Inc. has promoted Scott M. Zito to the newly created role of vice president of business development. Zito has been with the company for more than 40 years.

Worthington Steel and Samuel to close Cleveland coil processing JV
Worthington Steel confirmed it is closing the Worthington Samuel Coil Processing (WSCP) facility in Cleveland. WSCP is a joint venture between Worthington Steel and Oakville, Ontario-based Samuel, Son & Co.