Service Centers

Leeco Steel Makes Its First Acquisition

Written by Laura Miller

July 6, 2023

Leeco Steel has acquired Texas plate processor Titan Steel.

leeco

Titan Steel, based in Alvarado, Texas, specializes in plasma and oxy-fuel cutting and machining of steel plate. The acquisition will allow Leeco to produce parts that require precision machining and milling.

The purchase closed on June 30. Terms of the deal were not disclosed. As of July 5, Titan’s facility will be known as Leeco Steel Alvarado.

Leeco has been steadily expanding its processing services to complement its offerings as the largest North American supplier of steel plate, but this is its first acquisition.

“The addition of the Titan Steel facility allows us to expand our value-added processing services and our market reach. Titan’s core values of quality, safety and customer satisfaction made the company a natural fit with Leeco, and we look forward to seeing how this addition sets us up for future growth,” commented Leeco president and CEO Denton Nordhues in a statement.

By Laura Miller, laura@steelmarketupdate.com

Laura Miller

Laura Miller is a reporter and editor for Steel Market Update. She has held a variety of positions within the steel industry since 2007, including reporting and editing for Steel Business Briefing/Platts, the Association for Iron and Steel Technology, and Kallanish Commodities, as well as marketing for what was then known as ThyssenKrupp Steel USA (now AM/NS Calvert). After a five-year hiatus working across other industries, she returned to steel in 2021 and has covered the flat rolled, tubular, and trade areas of the industry. She is a member of the Association of Women in the Metal Industries and a past-president of the AWMI Pittsburgh Chapter. She holds a BA in Latin American Studies from Edinboro University of Pennsylvania. She can be reached at laura@steelmarketupdate.com or 724-759-7869.

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