JM Steel Corp. on Oct. 7 completed the acquisition of Five Star Roll Form LLC based in Pendergrass, Ga. Financial details were not disclosed.
JM Steel is a subsidiary of Pittsburgh-based Frank Calandra Inc., a global manufacturer of strata control for use in the mining and construction industries. Located in Huger, S.C., JM Steel is a steel processor that provides a variety of flat rolled steel products.
JM Steel plans to expand its value-added roll forming business by building upon the solutions provided by Five Star Roll Form in the trailer, garage door, roofing, and solar industries. All senior employees and management teams at Five Star Roll Form will remain at the company.
“I am very optimistic that this new acquisition will add to JM Steel’s value-added services for downstream customers,” Tony Calandra, group president of Frank Calandra Inc. and Calandra Group LLC. said. “We are eager to serve Five Star’s customers current roll-formed parts and will strive to bring additional solutions in the future.”
In addition, Calandra said, “we are extremely excited to work with JM Steel’s existing customers on roll-formed solutions. The addition of Five Star will bring many new opportunities for our customer base as well as Five Star’s customer base.”
Will Bruning, CEO and president at Five Star Roll Form, said he’s thrilled that Five Star Roll Form attracted the world-class JM Steel.
“The acquisition of Five Star brings a wealth of talent and a portfolio of exciting new products. Tony and his team are strong believers in Five Star’s core group of products and its new emergence into the solar industry,” Bruning said. “The combination of these two companies solidifies our position as one of the fastest growing and most dynamic roll forming companies in the marketplace today.”
At the same time, Sun States Steel Corp., which also operates under the name Five Star Roll Form and distributes flat-rolled steel products from multiple locations in the eastern half of the United States, was rolled directly into JM Steel’s service center division as of Oct. 7.
JM Steel began production in 2000 and has a state-of-the-art, 120,000-square-feet steel processing and warehousing facility in Pendergrass, Ga., with the capability and inventory to provide a variety of flat-rolled steel products, including master coils, slit coils, hot-rolled, cold- rolled, galvanized, blanks, and flat bars, among others.
The company’s newest facility in Sinton, Texas, is a 90,000-square-feet steel processing and warehousing facility that is home to one slitting line, one roll forming line and capabilities to produce liner plates used in tunneling and shaft construction.