Macsteel Service Centers USA is
owned by Macsteel Holdings of South Africa. Macsteel Holdings includes the
Macsteel Service Center Group, which is one of the world's largest service
center organizations, and South Africa's leading and most extensive distributor
of steel value added products.
The South African
based holding company is also well known through its joint venture company,
Macsteel International, the steel trading giant which is responsible for the
marketing of ArcelorMittal SA export production and additionally enjoys various
joint venture relationships with other producers.
Today, Macsteel
Service Centers USA is one of the leading metals processors and distributors in
North America. That achievement didn't occur by happenstance but rather through
a well-planned approach of growth by acquisition and by adding value for our
customers.
Macsteel Service Centers USA's presence in North America came to be in 1983 and
1985 when South African-based holding company, Macsteel acquired a major
US-headquartered groups - Ferro Union, a large steel warehousing and processing
operation, and Associated Metals and Minerals Corp., a worldwide trading
organization with offices in the major steel source and supply markets.
In 1995, Macsteel
acquired Usinor's Edgcomb Metals service center group and joined the two
companies, Edgcomb and Ferro Union under the umbrella name Macsteel Service
Centers USA, Inc. Acquisitions continued in 2001 and 2002, with the purchase of
the assets of Bellesteel and the acquisition of Baldwin Steel from Duferco. The
acquisitions of structural steel specialist Regal Steel Supply from Corus was
completed in 2003.
On January 1, 2004, all of the operating entities began operating as one
powerhouse under the name Macsteel Service Centers USA. In February, 2004
Hokin-Katz, a well-established flat-roll processor located in Los Angeles was
purchased and brought under the Macsteel Service Centers umbrella. More
recently, in the latter part of 2005, Alpha Steel and Alpha Processing Inc.,
heavy gauge steel processors based in Chicago, became the newest members of the
Macsteel Service Centers USA family.
Macsteel Service Centers USA, Inc., a wholly-owned subsidiary, is today ranked
among the ten largest metals service centers in North America.
Corporate
Headquarters:
Newport Beach, California, about 45 miles south of Los Angeles
Address: 888 San Clemente Drive, Suite 250, Newport Beach, CA 92660
Phone: 949-219-9000
Toll Free: 1-888-MACSTEEL
Corporate
Administrative Offices:
Bensalem, PA, about 20 miles north of Philadelphia
Address: 555 State Road, Bensalem, PA 19020
Phone: 215-245-3300
For Media inquiries contact:
Deanna Goulazian
Director of Corporate Communications
Phone: 215-244-3288
Email: dgoulazian@macsteelusa.com
Employees: Approx. 1,600
Metals
Service Center Industry: Metals service centers are businesses
that inventory and distribute metals for industrial customers and perform
first-stage processing The metals service center industry is one of North
America's fastest growing and least well known industries. Throughout the
world, service centers are the critical link in the supply chain connecting
steel mills to manufacturers. Steel mills and other metal producers make metal
in specific sizes and grades. Service centers add value and help manufacturers
remain internationally competitive by inventorying metals and processing them
to specific sizes, shapes and strengths. Metals service centers constitute the
largest single group of metals purchasers in North America, amounting each year
to more than 75 million tons of steel, aluminum and other metals, with about
300,000 manufacturers and fabricators as customers.