October 4, 2005
Macsteel Service Centers USA Inc., Newport Beach, Calif., announced today that it is expanding its heavy gauge steel processing capabilities by acquiring the business and assets of Alpha Processing Inc. (API), located in Chicago. Terms of the purchase were not disclosed.
In April, Macsteel acquired Alpha Steel, a distributor of hot rolled plate and structural steel products. The Alpha Processing acquisition adds heavy gauge cut-to-length processing and shot blasting to Macsteel's portfolio of products and services in the Midwest.
Alpha Processing Inc. will operate under its existing name as part of Macsteel's Midwest Division. Its management will continue with the company.