TW Metals, a subsidiary of O'Neal Industries, opened a new metal distribution and processing facility in the Rzeszów-Dworzysko Technology Park, Poland, with an investment of 22 million zł (approx. $5.8 million). The plant will create 60 jobs.
O'Neal Industries Inc. acquired the assets of G&L Manufacturing, a manufacturer of small diameter thin wall tubing in stainless steel, nickel alloys, titanium and Monel, headquartered in Cookeville, Tennessee with a second facility in Denver, Colorado.
Norfolk Iron & Metal Co. acquired O'Neal Flat Rolled Metals (OFR), a North American metals service center focused on non-ferrous and carbon flat-rolled products. OFR will revert to its former name, Metalwest. The acquisition adds eight locations and expands product lines.
Norfolk Iron & Metal Co. and O'Neal Industries Inc. have entered into a definitive agreement in which Norfolk Iron will acquire O'Neal Flat Rolled Metals LLC. The closing is expected by year end.
O'Neal Industries announced the merger and operations integration of four affiliates—Aerodyne Alloys, Plus Ten Stainless, United Performance Metals, and Vulcanium Metals Intl.—to form United Performance Metals, a metals service center based in Cincinnati.