STEEL REPORT
Majestic Steel USA Acquires Merit Steel USA
Majestic Steel USA Inc. recently announced the acquisition of the business assets of Merit Steel USA, legally known as Merit Ends and Viking Processing Corporation. Merit Steel USA is a West Coast based steel service center headquartered in Pittsburg, California, with additional locations in Fontana and Longview, Washington.
The acquisition of Merit Steel USA further expands Majestic Steel's footprint in the Western part of the United States, aligning well with Majestic's core products and end markets. Majestic recognizes Merit as a leader in the region and views this as an opportunity to continue to invest in growth and best-in-class service. With continued constraints in the supply chain, Majestic Steel USA recognizes the value of expanding its footprint to better service existing and new customers.
"We are happy to welcome Merit Steel USA to the Majestic family," says Todd Leebow, Majestic Steel President and CEO. "Merit has a strong reputation as a West Coast service center. This acquisition enhances our position in the Western region of the country and is a natural extension to our current business model."
About Majestic Steel USA
Majestic Steel USA, founded in 1979 and headquartered in Cleveland, Ohio, is a privately held and family owned distributor and processor of flat-rolled steel. Majestic serves its customers in manufacturing, construction and distribution from its network of locations throughout North America. Majestic is a leader in the domestic steel industry with a vision of innovation. Majestic believes steel is critical to American industry and the economy, and continues to supply quality products.
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