American Posts Acquires Ohio-Kentucky Steel
This deal expands their precision steel slitting capabilities.
Posted: January 30, 2019
American Posts, LLC (Toledo, OH) expanded their in-house steel slitting expertise and capabilities with the acquisition of Ohio-Kentucky Steel Corporation (Franklin, OH). Together, they bring customers the ease of working with a single-source supplier. In addition to their primary service offering of steel and aluminum slitting, Ohio-Kentucky Steel also provides material handling, warehousing and storage, and supply chain management.
“This strategic move enables us to provide an even more efficient service offering to our customers,” said David Feniger, the president of American Posts. “By consolidating the processes into one company, we can control our own destiny by growing the manufacturing side of the business. Our customers can rest easier knowing that we oversee every part of the process and the quality of our work. Our focus has always been on providing each customer the highest level of service and attention. Part of that focus is minimizing inventory levels and reducing the cost of doing business. Working with them saves our customers money in freight, given their location and access to transportation.”
Universal Metals, LLC (Toledo, OH), a sister company, will also have the advantage of these enhanced operations. Through the acquisition, Ohio-Kentucky Steel Corporation will become Ohio-Kentucky Steel, LLC, and their facility in Franklin will continue to provide the same services, with all staff expected to be retained.
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