Majestic Steel USA Announces Acquisition of Titan Metal Service Asset
CLEVELAND, Dec. 3, 2018 — Majestic Steel USA, Inc. (“Majestic”), a leading steel service center, announced today it has completed the acquisition of the business assets of Titan Metal Service, Inc. (“Titan”), a Tampa, Florida based steel service center and processor.
This strategic acquisition represents a significant step in Majestic’s strategy to expand its business in the coated flat-rolled market. The addition of Titan enables Majestic to increase its presence and reach in the Southeast, particularly the growing Florida market.
“We are happy to welcome Titan Metal Service to the Majestic Steel USA family,” said Todd Leebow, Majestic President and CEO. “We look forward to continuing to support the existing business while pursuing growth opportunities in the Southeast region. As a combined team, we are committed to providing quality products and services to our customers.”
Majestic Steel USA, Inc.
Founded in 1979, Majestic is a privately held, family owned and operated company headquartered out of Cleveland, Ohio. Their product offering includes prime, flat-rolled steel, specifically galvanized, galvannealed, galvalume, aluminized, cold-rolled, phosphatized/bonderized, stainless and pre-paint steel. The Company provides value-added steel processing services to its customers in a broad range of industries.
For more information on Majestic, visit www.majesticsteel.com.