Service Centers

Lapham-Hickey buys Crystal Steel
Written by Brett Linton
April 23, 2024
Lapham-Hickey Steel has acquired the operating assets of Crystal Steel Corp. of Middleton, Mass., for an undisclosed sum.
Founded in 1979 by John Diamont, Crystal Steel is a distributor of hot-rolled, cold-rolled, and coated slit coil in the New England market.
Lapham-Hickey will transition most of the Crystal equipment, inventory, and customer service to their Pawcatuck, Conn., location. One slitting line will be transferred to their Madison, Ill., facility.
“Crystal Steel is a great complement to our existing Connecticut business,” said Lapham-Hickey president Brian Hickey. He remarked that these slitting line additions will almost double the capacity of their Pawcatuck facility.
Lapham-Hickey Steel is a fourth-generation family-owned carbon steel service center headquartered in Bedford Park, Ill., with 13 locations throughout the Midwest, East Coast, and Southeast. They supply a range of slit coil, sheet, plate, bars, tubing, and fabricated products.

Brett Linton
Read more from Brett LintonLatest 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