Service Centers
May 2, 2022
Alro Steel Completes Acquisition of Klein Steel
Written by Brett Linton
Alro Steel announced Friday that it has completed the acquisition of certain assets of Klein Steel, a metals service center with locations in Buffalo, Rochester, and Syracuse, New York. The transaction, terms of which were not disclosed, was announced on March 29, 2022.
Founded in 1971, Klein Steel offers multiple metals for next-day delivery to customers in the Northeast, as well as value-added processing services. Alro will continue to operate the Klein metals service center facilities and the Express Metals Outlets in Rochester and Syracuse.
“We are excited to welcome the Klein Steel team to the Alro family. Klein Steel has a great reputation in the metals industry for over 50 years and will enable Alro to continue our growth strategy in the Northeast, offering a wider range of products and processing capabilities in the Klein Steel footprint.” Alro Steel CEO Randy Glick said in a statement.
Alro Steel was founded in 1948 by brothers Al and Robert Glick. The company is a distributor of metals, industrial supplies, and engineering plastics. Alro operates more than 70 locations in 13 states and provides a broad inventory of products.
By Brett Linton, Brett@SteelMarketUpdate.com
