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Russel Metals Announces the Acquisition of the Assets of Jackson Pipe & Steel
Russel Metals Announces the Acquisition of the Assets of Jackson Pipe & Steel ...
About this update from Russel Metals Inc.
[{"type":"text","content":"\n\n\n\nRussel Metals Announces the Acquisition of the Assets of Jackson Pipe & Steel\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nRussel Metals Announces the Acquisition of the Assets of Jackson Pipe & Steel\nCanada NewsWire\nTORONTO, Dec. 12, 2016\n\n\n\nTORONTO, Dec. 12, 2016 /CNW/ - Russel Metals Inc. (RUS - TSX) announced today that through its subsidiary JMS Russel Metals Corp., it has acquired the operating assets of Jackson Pipe & Steel, a distributor with value-add capabilities based out of Texarkana, Texas.\n\nJohn Reid, President and Chief Operating Officer stated \"we are extremely pleased to welcome Jackson Pipe's customers and the employees to the JMS Russel Metals team.  The addition of key employees, their facility and equipment will complement the existing JMS facility in Hope, Arkansas and enable us to enhance our value added services plus increase market share in Texas, Arkansas, Oklahoma and Louisiana, the areas previously serviced by Jackson Pipe.\"  \n\nRussel Metals is one of the largest metals distribution companies in North America.  It carries on business in three metals distribution segments: metals service centers, energy products and steel distributors, under various names including Russel Metals, A.J. Forsyth, Acier Leroux, Acier Loubier, Alberta Industrial Metals, Apex Distribution, Apex Monarch, Apex Remington, Apex Western Fiberglass, Arrow Steel Processors, B&T Steel, Baldwin International, Comco Pipe and Supply, Fedmet Tubulars, JMS Russel Metals, Leroux Steel, McCabe Steel, Mégantic Métal, Métaux Russel, Métaux Russel Produits Spécialisés, Milspec, Norton Metals, Pioneer Pipe, Russel Metals Processing, Russel Metals Specialty Products, Russel Metals Williams Bahcall, Spartan Energy Tubulars, Sunbelt Group, Triumph Tubular & Supply, Wirth Steel and York-Ennis.\n\nCautionary Statement on Forward-Looking Information\n\nCertain statements contained in this press release constitute forward-looking statements or information within the meaning of applicable securities la...