Steel Mills
December 14, 2020
Olympic Steel Acquires Action Stainless & Alloys
Written by Sandy Williams
Olympic Steel has acquired the assets of Action Stainless & Alloys, Inc., adding the Dallas, Texas-based distributor to its Specialty Metals business segment.
Action Stainless & Alloys is a full-line distributor of stainless steel and aluminum plate, sheet, angles, rounds, flat bar, tubing and pipe and offers a range of processing, including plasma, laser and waterjet cutting and CNC machining. The company operates approximately 145,000 square feet of warehouse space across five facilities in Dallas and Houston, Texas; Springdale, Ark.; Rock Hill, S.C.; and Kansas City, Mo. The business generated more than $40 million in sales during 2019.
