Olympic Steel is a U.S.-based metals service center that specializes in the processing and distribution of a wide range of metal products, including carbon, coated, and stainless flat-rolled sheet, coil, and plate steel, as well as aluminum products. The company operates through three main segments: specialty metals flat products, carbon flat products, and tubular and pipe products. Olympic Steel provides large volumes of processed metals to various industries, including industrial machinery, automobile manufacturing, and transportation equipment. Its subsidiary, CTI, is a notable distributor of steel tubing, bars, pipes, valves, and fittings, and is involved in fabricating pressure parts for the electric utility sector. The majority of the company's revenue is generated from its carbon flat products segment.
MetalWorks is a manufacturer of components for service station canopies and solar installations. The company manufactures pre-painted steel and aluminum components such as panels, gutters, and purlins for service station canopies, solar racking installations, and bolt-together dock systems.
Action Stainless & Alloys
Acquisition in 2020
Action Stainless & Alloys is a distributor based in Carrollton, Texas, specializing in stainless steel and aluminum products. The company's extensive inventory includes a variety of items such as plates, sheets, angles, rounds, flat bars, and pipes. In addition to distribution, Action Stainless & Alloys provides processing services, including plasma, laser, and waterjet cutting, as well as CNC machining and bar grinding. These capabilities enable the company to produce finished parts tailored to customers' specifications and drawings.
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