O’Neal Steel buys TAD Metals service center company
Buyout expands O’Neal’s stainless steel, aluminum product line
By Tom Stundza -- Purchasing, 2/21/2008 10:45:00 AM
O’Neal Steel has expanded its stainless steel and aluminum distribution network by buying most of TAD Metals, a New jersey-based service center chain. The locations acquired by O’Neal are in Monroe Township, N.J.; Norwell, Mass.; Dallas, Houston, Laredo, and San Marcos, Texas; and Mississauga, Ontario. They will continue to operate under the name TAD Metals, as a wholly owned subsidiary of Birmingham, Ala.-based O’Neal Steel, the seventh-largest service center chain in North America.
TAD’s two Southeastern locations, which were not part of the transaction, will continue to be operated by the seller and will now be known as AP Specialty Metals.
In addition to flat-rolled stainless steel and aluminum material, and a unique capability for surface conditioning, TAD Metals also developed a full line of long products (pipe, tube, and bar) and an integrated system for fast, efficient distribution.
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