Mill Steel Co Acquires Prassas Metal Products in LA
One of the US's leading distributors of flat rolled carbon steel purchased Mill Steel Co has purchased commercial assets of a Los Angeles based steel trading and stocking distributor of pre-painted and coated coil products Prassas Metal Products. It strengthens Mill Steel’s geographic footprint with additional sourcing opportunities and greater reach in the Southeastern United States. Mill Steel will immediately assume steel processing and supply for PMP's broad array of construction industry customers in the Southeastern, Mid-South and Western United States. The transition will be seamless as Mill Steel will uphold existing contracts and leverage its 60 plus years of steel processing expertise to provide exemplary service.
Terms of the business transaction were not disclosed.
Los Angeles based Prassas Metal Products Inc is an independently-owned, steel trading and coil distribution sales company, specializing in pre-painted Galvalume, pre-painted Galvanized, bare Galvalume, Galvanized, Electro-Galvanized, Aluminized, and Cold Rolled Coil materials.
Founded in 1959 by Mr Harry Samrick, Mill Steel Co is one of North America's premier flat-rolled steel suppliers. Headquartered in Grand Rapids in Michigan, Mill Steel operates five service center locations across the United States.