April 27, 2023- Lapham-Hickey Steel Corporation is pleased and excited to announce that effective April 26th, 2023 it has acquired Arrowhead Steel Company.

Arrowhead Steel is a distributor of flat rolled steel products headquartered in Burr Ridge, IL. The company was founded in 1987 by Arnold Koldenhoven, who for the past 36 years has grown Arrowhead to be a leading distributor of flat rolled steel specializing in corrosion-inhibiting coated steel. Mr. Koldenhoven and his team will continue to service their customers under the Arrowhead Steel name moving forward.

“Strategically, the acquisition of Arrowhead Steel gives us the opportunity to enter markets in which we have limited exposure today” said Will Hickey, Chief Commercial Officer of Lapham-Hickey Steel. “Their customer footprint aligns with our existing Lapham-Hickey production facilities which will allow us to strengthen our service and selection. Arnie has built a business with similar core values and principles as Lapham-Hickey and we look forward to growing our partnership with all customers, suppliers and team members.”

Arnold Koldenhoven stated “We are pleased to join an industry leading, family-owned service center dedicated to excellence and shared vision and values to further serve our customers and expand our business”.

Lapham-Hickey Steel is a 4th generation family owned and operated full-line carbon service center that was founded in 1926 and is headquartered in Bedford Park, IL. With 12 total locations throughout the Midwest, East Coast and Southeast, Lapham-Hickey is an industry-leading supplier of slit coil, sheet, plate, hardened and tempered, bars, tubing and fabricated products.