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Synalloy Corporation's subsidiary Bristol Metals agreed to purchase Marcegaglia USA's real estate property in Munhall, Pennsylvania for $10.0 million.
Synalloy Corporation's subsidiary Bristol Metals, LLC closed on the purchase of Marcegaglia USA's stainless steel pipe and tube operations for $14.95 million, creating the largest domestic producer of welded stainless steel pipe and mechanical tube in North America.
Synalloy Corporation, through its subsidiary Bristol Metals, signed a definitive agreement to acquire the stainless steel pipe and tube operations of Marcegaglia USA for $15-16 million, expected to close by March 1, 2017.