Service Centers
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/media/k2/items/src/a4abc253ed8e1bac1458229008492cf5.jpg)
Leeco Steel Makes Its First Acquisition
Written by Laura Miller
July 6, 2023
Leeco Steel has acquired Texas plate processor Titan Steel.
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
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/02/SMU_LM_headshot.png.jpg-150x150.png)
Laura Miller
Read more from Laura MillerLatest in Service Centers
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/balance.png)
SEC settles with Esmark, Bouchard over ‘false’ $7.8B offer for USS
The US Securities and Exchange Commission said it has settled charges with Esmark and company founder Esmark James P. Bouchard regarding a tender offer for U.S. Steel last year.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2023/11/SMU-Steel-Summit.png)
Steel Summit 2024: Service centers talk inventories, mill consolidation
SMU Senior Analyst and Editor David Schollaert sat down with leading steel service center executives at the SMU Steel Summit 2024 in Atlanta to discuss the issues affecting the industry.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/2024/08/Flag_of_Mexico.png)
Aceromex installs new Andritz CTL line in Mexico
Mexican service center Aceromex has installed a new cut-to-length line in its facility in Cienega de Flores in the state of Nuevo Leon.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/HARDI.png)
Get your muck boots out: Galv buyers see ‘swampy’ steel market continuing
Swampy. Sticky. Mushy. Murky. These were all words galvanized buyers used this week to describe the current state of the US steel market.
![](https://www.steelmarketupdate.com/wp-content/uploads/sites/2/images/Featured_News_Icons/Mill_Steel.png)
Mill Steel taps Hauncher for CFO
Mill Steel Co., a supplier of flat-rolled steel and aluminum products, has named Scott Hauncher as chief financial officer.