Trending...
- Tech gains propel Dow Jones past 47,000 as markets reach record highs amid trade tensions
- Hilton Head Realtor becomes Certified Senior Professional
- J French's #1 Album "I Don't Believe in Bad Days" Enters the Grammy Conversation
GRAND RAPIDS, Mich., Nov. 4, 2024 ~ In a strategic move to expand its national footprint and processing capabilities, Mill Steel Company has announced its acquisition of Maryland Metals Processing (MMP), a leading stainless and aluminum toll processor based in Baltimore. This acquisition further solidifies Mill Steel's position as one of the nation's largest distributors of flat-rolled carbon steel, stainless steel, and aluminum.
According to Pam Heglund, CEO of Mill Steel, the company is thrilled to welcome MMP into their family. "The facility's location will greatly enhance our shipping and processing capabilities across the country and beyond," she stated. "But most importantly, we are committed to maintaining the exceptional service, relationships, and quality that Maryland Metals' customers have come to expect."
MMP is known for its expert cut-to-length, polishing, slitting, and coil enhancement services. The company has built a strong reputation for providing an exceptional toll processing experience. With this acquisition, Mill Steel plans to take a hands-off approach and allow MMP to continue operating independently under its current name, business model, and with all associates retained.
More on Marylandian
Ken McAvoy, CEO of Maryland Metals Processing, expressed his excitement about joining forces with Mill Steel. "This is a tremendous opportunity for us," he said. "Our customers can expect the same high standard of service from the same dedicated team while benefiting from Mill Steel's expanded resources and national reach. We look forward to continuing to meet our customers' needs with the excellence they've always relied on."
The purchase highlights Mill Steel's long-term commitment to growth while upholding the core strengths of the businesses it acquires. As the two companies align, customers can expect increased efficiencies and additional processing capabilities.
This acquisition marks another milestone in Mill Steel's journey towards becoming a leader in the steel industry. With this new addition to their portfolio, they are well-positioned to continue providing top-quality products and services to their customers nationwide.
According to Pam Heglund, CEO of Mill Steel, the company is thrilled to welcome MMP into their family. "The facility's location will greatly enhance our shipping and processing capabilities across the country and beyond," she stated. "But most importantly, we are committed to maintaining the exceptional service, relationships, and quality that Maryland Metals' customers have come to expect."
MMP is known for its expert cut-to-length, polishing, slitting, and coil enhancement services. The company has built a strong reputation for providing an exceptional toll processing experience. With this acquisition, Mill Steel plans to take a hands-off approach and allow MMP to continue operating independently under its current name, business model, and with all associates retained.
More on Marylandian
- Full-Circle Learning Sets Sail: WOC STEM Conference and STEM City Travel Launch Cruise-Based AI Leadership Experience with Online and Onboard Training
- Award-Winning Author Zane Carson Carruth Featured in USA Today for Inspiring Mission to Nurture Young Hearts Through Storytelling
- Parkchester Oral & Maxillofacial Surgery Celebrates 450+ 5-Star Reviews
- The AI CEO Partners with D3 Hockey News to Elevate the Voice of Division III Hockey Nationwide
- Statement from the Campaign of Theodis Daniel, Republican for U.S. Congress (TX-18)
Ken McAvoy, CEO of Maryland Metals Processing, expressed his excitement about joining forces with Mill Steel. "This is a tremendous opportunity for us," he said. "Our customers can expect the same high standard of service from the same dedicated team while benefiting from Mill Steel's expanded resources and national reach. We look forward to continuing to meet our customers' needs with the excellence they've always relied on."
The purchase highlights Mill Steel's long-term commitment to growth while upholding the core strengths of the businesses it acquires. As the two companies align, customers can expect increased efficiencies and additional processing capabilities.
This acquisition marks another milestone in Mill Steel's journey towards becoming a leader in the steel industry. With this new addition to their portfolio, they are well-positioned to continue providing top-quality products and services to their customers nationwide.
Filed Under: Business
0 Comments
Latest on Marylandian
- $73.6 Million Multi-Year Backlog and Florida State Term Contract Drive Momentum for AI-Cybersecurity Pioneer: Cycurion, Inc. (N A S D A Q: CYCU) $CYCU
- Year-Round Deals for Customers With Square Signs
- Aelix Launches "Flow Before Theory" Series on Structured Wholesale Gas and Power
- SecurePII Raises US$3.5M (A$5M) to Unlock AI and Compliance for Voice Data and Expands Global Presence
- Maryland: Governors Intergovernmental Commission on Agriculture to meet on November 6
- Maryland Ag Fair Board to meeting on November 9
- Maryland Ag Commission to meet on November 12
- Maryland Department of Agriculture and Maryland Market Money Offering Enhanced Benefits for Families and Farmers During Federal Shutdown
- Peter Coe Verbica Stands with Rural Families and Horse Owners: "Keep Horses Classified as Livestock"
- The Mobile-First Company Raises $12M to Build Simple, Powerful Software for Small Teams
- Lick Pineapple Flavored Massage Oil Outperforming and Enticing
- Cerberus ODC in Collaboration with NVIDIA Launches All-American AI-RAN Stack, Enabling AI-Native 5G Today and Accelerating the Path to 6G
- National Compliance Firm issues Artificial Intelligence Policy Program for Mortgage Banking
- Pastor Darrell Armstrong Suspends Gubernatorial Campaign And Endorses Mikie Sherrill
- Maryland: EVSE Charger Stakeholder Webinar- Date TBD
- Maryland Department of Agriculture Announces Expanded Animal Health Diagnostic Services
- Dr. Johnny Shanks Attends Full Arch Growth Conference 2025
- Offline Asset Protection: NJTRX Implements 98 Percent Cold Storage as Industry Faces 2 Billion USD Losses
- Thousands of Smiles, Millions of Logo Views: RoarFun Brings Emotions Into Premium Retail Spaces with Formula Simulator for Immersive Brand Activation
- Qvarz LLC Expands Global Reach with High-Precision Quartz Cuvettes and Optical Components