# Liberty Steel acquires Johnstown Wire Technologies

Liberty Steel, part of GFG Alliance, acquired Johnstown Wire Technologies (JWT) in Johnstown, Pennsylvania, the largest producer of value-added carbon and alloy wire in North America. The acquisition was financed by group equity and loans from PNC Business Credit.

- Type: Acquisition
- Announced: 2019-06-10
- Where: Johnstown, Pennsylvania, United States
- Jobs: 250
- Status: completed
- Capacity: 638,000 square feet
- Products: carbon and alloy wire, CHQ wire, electro-galvanized wire, aluminized wire, spring wire
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Liberty Steel](https://endata.com/companies/16030.md) (acquirer)
- [Johnstown Wire Technologies](https://endata.com/companies/39916.md) (target)
- [Aterian Investment Partners](https://endata.com/companies/39917.md) (investor)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/liberty-steel-consolidates-us-wire-market-leadership-with-johnstown-acquisition-300864472.html), 2019-06-10: "Sanjeev Gupta's Liberty Steel, part of the global GFG Alliance, further expanded its footprint in the U.S. steel downstream products market today with the acquisition of Johnstown Wire Technologies (JWT) in Johnstown, Pennsylvania, the largest producer of value-added carbon and alloy wire in North A"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.