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Russel Metals Closes US$102 Million Acquisition of U.S. Service Centers
01/06/2026 - Russel Metals announced it has acquired seven service centers in the U.S. from Kloeckner Metals Corp. for US$102 million.
“We look forward to expanding our U.S. footprint in key geographic areas. We welcome the Kloeckner employees to the Russel family,” said John Reid, president and chief executive officer of Russel Metals.
The company said the seven service centers are located in Dubuque, Iowa; Charlotte, N.C.; Suqanee, Georgia; Houston, Texas; Austin, Texas; Jacksonville, Fla.; and Pompano Beach, Fla.
The company said the seven service centers are located in Dubuque, Iowa; Charlotte, N.C.; Suqanee, Georgia; Houston, Texas; Austin, Texas; Jacksonville, Fla.; and Pompano Beach, Fla.
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