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Grand Steel Products Acquires Second Tennessee Facility

October 2, 2024
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Grand Steel Products, Wixom, MI, a flat-rolled steel-service center and distributor, has acquired and launched a new toll-processing facility in Chattanooga, TN. The strategic expansion builds on the company’s presence in Clinton, TN, and strengthens its capabilities in the Southern United States.

The new Chattanooga facility, equipped with two state-of-the-art 72-in. slitting and packaging lines and a multi-blanker, primarily will focus on toll processing. The 126,000-sq.-ft. complex offers rail and barge capabilities, allowing it to receive coils weighting to 40 tons via barge and 30 tons via rail.

The addition of the Chattanooga facility will enable Grand Steel to offer additional services to its southern vendors and customers, particularly in the automotive and manufacturing sectors. This expansion is part of Grand Steel’s broader strategy to grow its toll-processing and distribution capabilities throughout the United States.  

Industry-Related Terms: Center, Lines
View Glossary of Metalforming Terms

 

See also: Grand Steel Products, Inc.

Technologies: Materials

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