Kloeckner Metals

Klöckner & Co agreed to acquire Industrial Manufacturing Services (IMS) through its U.S. subsidiary Kloeckner Metals Corporation, expanding its metal fabrication business in the USA.

Kloeckner Metals Corporation, a US subsidiary of Klöckner & Co, acquired 100% of National Material of Mexico from Tang Industries and NM Holding for $340 million in cash, expanding its presence in Mexico.

Kloeckner Metals opened a new plant in Querétaro, Mexico, investing $40 million to manufacture steel and metal products for the automotive and other industries, creating 200 jobs.

Klöckner & Co, through its U.S. subsidiary Kloeckner Metals Corporation, agreed to acquire National Material of Mexico, a steel service center with ten facilities in Mexico, for USD 340 million on a cash and debt free basis.

Kloeckner Metals Corp. broke ground on a new 84,000-square-foot service center in Queretaro, Mexico, expected to open in Spring 2022. The facility will supply hot-rolled, cold-rolled, galvanized, and coated steel, aluminum, and stainless steel to automotive, HVAC, and appliance manufacturers.

Kloeckner Metals Corp. opened an expanded manufacturing facility in Greenville County, South Carolina, following an $11.3 million investment. The expansion adds a 50,000-square-foot bay with a new automated slitting line and will create 19 new jobs.

Kloeckner Metals Corp. hosted a grand opening for its flat-rolled division's move to a 106,000 square foot facility in University Park, Illinois, adding new machinery including a 72-inch slitter and cut-to-length line.

Kloeckner Metals Flat Rolled Group opened a new 106,000 sq ft facility in University Park, Illinois, replacing a 19-year-old branch in Chicago. The multi-million-dollar plant adds new processing equipment and can handle mill coils up to 60,000 lb.

Kloeckner Metals Flat Rolled Group moved into a new 106,000 sq. ft. facility in University Park, Illinois, after 19 years in Chicago. The multi-million-dollar investment includes new processing equipment and digitalization of supply chain.