Mill Steel Co. is making an $18 million investment into its Detroit facility, adding a new slitting line, pack line, two cranes, and 50,000 square feet of warehouse space, slated for completion in 2024.
Mill Steel Co. purchased a 90,000 square foot facility in Mansfield, Ohio, to support its entry into flat-rolled stainless steel and aluminum markets. The company also announced an $18 million investment in its Detroit facility for new equipment and warehouse space.
Mill Steel Co., a distributor of flat-rolled carbon steel, acquired Cleveland Metal Exchange (CME) and Chicago Stainless Metal Exchange to expand into flat-rolled stainless steel and aluminum markets. The transaction closed on January 18, 2023.
Mill Steel Co. acquired Cleveland Metal Exchange and Chicago Stainless Metal Exchange to expand into flat-rolled stainless steel and aluminum markets. The transaction closed on January 18, 2023; terms were not disclosed.
Mill Steel Co. announced on March 23, 2021, it has purchased the commercial assets of Prassas Metal Products, a Los Angeles-based steel trading and stocking distributor of pre-painted and coated coil products. Terms were not disclosed.
Mill Steel Co. opened a new 100,000 square-foot facility in Houston, Texas, with slitting and cut-to-length capabilities. The facility houses three production lines and will distribute hot-rolled, cold-rolled, painted, and coated steel.
| Site | Largest | Latest |
|---|---|---|
| Detroit, United States | $18.0M | 2023-08-29 |
| Mansfield, United States | $18.0M | 2023-08-29 |
| Houston, United States | 2017-06-20 |