OAKVILLE, ON, Aug. 12,
2024 /PRNewswire/ - Samuel, Son & Co.,
Limited (Samuel), a leading metals distributor and industrial
products manufacturer, announced today that its agreement to sell
its Western Canadian and U.S. carbon plate Service Center
operations to Russel Metals Inc. (Russel) has
officially closed.
Colin Osborne, President and CEO
of Samuel, stated, "Samuel is a highly diversified company with
multiple lines of business. We initiated this transaction to bring
greater focus, accelerate investment and scale our growth. I would
like to thank those members of our team who are now joining Russel
for their many contributions to Samuel. The solid operations they
have built can now be made even stronger as part of Russel's
business."
Effective today, Samuel's locations in Winnipeg, MB; Nisku,
AB; Calgary, AB;
Surrey,
BC and Langley, BC, as well as
U.S. carbon plate branches in Neville Island,
PA and Buffalo, NY, will
transition to Russel. Samuel will continue to operate more
than 70 Service Center, automotive and diversified manufacturing
locations across North America,
offering customers extensive services, including metal processing
and finishing, 3D metal printing and automated solutions.
About Samuel
Founded in 1855, Samuel, Son & Co., Limited, is a
family-owned integrated network of metal manufacturing, processing
and distribution divisions. Samuel employees provide metals,
industrial products and related value-added services from locations
across North America. The company
leverages its industry expertise, breadth of experience and the
passion of its people to help drive success for North American
business – one customer at a time. For more information
visit Samuel.com.
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SOURCE Samuel Son & Co.,
Limited