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IronWorx, LLC acquired Magnum Steel Works, a steel fabrication and mining equipment rebuild company in Mt. Vernon, Illinois. The acquisition aims to grow the business and diversify into large steel fabrication.
“My plan is to grow Magnum Steel Works, maintaining the mining equipment rebuild and overhaul work, while diversifying into other areas that require large steel fabrication work.”coalage.com
Summarized from public sources; check the original articles before acting on it.