News

Triple-S Steel Holdings acquires General Steel, Inc

June 2013 Effective June 1, 2013 General Steel, Inc in Macon, GA has been acquired by Triple-S Steel Holdings of Houston Texas.  

Gary Stein, President and CEO of Triple-S Steel Holdings and Henry OIiner, President of General Steel have been close friends in the steel industry for over thirty years.   

General Steel, has been a steel and metal distributor, processor and fabricator in Macon, Georgia since 1956.  Started by Henry’s father Joseph Oliner, General Steel was originally a subsidiary of Macon Iron, Inc., a scrap processor sold in 2010 to Schnitzer Southeast, LLC. General Steel employs 45 workers and delivers throughout the state.  All of the employees will remain with the new company.

Triple-S and its subsidiaries, Intsel Steel and R&S Steel, move over 600,000 tons of steel a year with locations in Texas, Louisiana, Tennessee, Utah, Colorado, and California. Over the last couple of years, the company has expanded into South America with divisions in Colombia (Steckerl Aceros).

Triple- S Steel is one of the largest privately owned steel distributors in North America. 

“After careful consideration of our future, we saw that our growth would be accelerated as part of a much larger and stronger company,” noted Henry, “Triple-S is very similar to General Steel in its product line and in its operating culture, but their strong growth and position in the market brings strength to General Steel that would be hard to achieve organically. Triple-S Steel managers are long-term thinkers, entrepreneurial to their core, very creative and innovative, and they treat their customers and their employees like family. This acquisition will bring great opportunities to the employees and customers of General Steel.”

Gary Stein commented, “I have great respect for Henry’s ability to create business opportunities for our company.  He has successfully built General Steel into a fine service center in its territory, and we welcome Henry and his entire team into the Triple-S family.”

Henry Oliner will become Senior Vice President of Triple-S Steel of Georgia, focusing on leveraging Triple-S Steel’s strengths into the southeastern market.

current-box-latest-issue-red-mm  
MM-Cover-0415-digitalemail

vert-current-linewhiteAPRIL 2015

BALANCED INVESTING

- Safety
- Toll Processing
- Inventory
- Investment Banking


> READ THIS
MONTH'S ISSUE

Midwest-MM-home-ad-5

Advertisement

Modern Metals on Twitter

Banner

Industry Partners

Alloy Bar Products

Executive Search Services

Sawing Technology

Stainless, Nickel, Aluminum, Pipe, Tube & Bar

Sierra Alloys Leadership Search Group Advanced Machine & Engineering Prudential Stainless & Alloys, L.P.

Aluminum

Investment Banking

Amada Machine Tools America, Inc.

Steel

Channel Alloys Brown Gibbons Lang & Company Cosen Saws Central Steel Service, Inc.
Kaiser Aluminum

Laser Cutting Machines

HE&M Saw Pacesetter Steel Service, Inc.
Sapa Extrusions North America Trumpf Hydmech Parker Steel Co.

Bar

Laser Technology

Klingelhofer Corporation Steel Dynamics
Gerdau Special Steel North America Amada America, Inc. Lenox Summit Steel Corporation

CNC Cutting (Plasma, Waterjet, Laser, Router)

LVD Strippit Marvel Manufacturing

Steel Service Center

Multicam Inc. Mazak Optonics Corp. Sawblade.com Samuel, Son & Co., Limited

CNC Machinery

Mitsubishi Laser-MC Machinery Systems, Inc.

Service Centers

Thickness Gauges

Voortman Corporation Vytek Admiral Steel Advanced Gauging Technologies

Coated Coil

Material Handling

North American Steel Alliance

Titanium

Centria Coating Services Combilift USA Reliance Steel & Aluminum Company TSI Titanium
Metal Coaters Samuel Strapping Systems United Performance Metals

Tooling

Coil Processing

Steel Storage Systems Inc.

Software

Carlson Tool & Manufacturing Corp.
Alcos Machinery Inc. The Caldwell Group, Inc. Compusource Corporation

Tube & Pipe

ANDRITZ Herr-Voss Stamco Inc.

Perforated & Expanded Metal

Enmark Systems, Inc. Independence Tube Corp.
Bradbury Group McNichols Co.

Stainless Steel

Tube Mill Equipment & Machinery

Braner USA

Plate

Rolled Alloys ASMAG USA, Inc.
Butech Bliss Allor Manufacturing Inc. Scan Tube/Nebetco Stainless

Welding

Delta Steel Technologies Churchill Steel Plate Ltd Stainless Sales Corporation Koike Aronson
Red Bud Industries Ranger Steel Venus Stainless NA

Welding & Cutting

Copper & Brass

Portable Analytical Instruments

Stainless Steel Service Center

American Torch Tip
Christy Metals Inc. Thermo Scientific Portable Analytical Instruments Comprinox

 

Farmer's Copper

 

 

 

National Bronze & Metals

 

 

 

TrendPublishing

twitter facebook linkedin rss

 

MM-0415-brandingcovers