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UPG Enterprises Acquires Lexington Steel Corp

Steel News - Published on Wed, 23 Sep 2020

Image Source: UPG Enterprises Lexington Steel Corp
Chicago based UPG Enterprises LLC has completed the acquisition of Lex Holding Co. The acquisition includes two well-known brands, Lexington Steel Corp, a full-line distributor of flat rolled steel products based in Chicago and Douglass Logistics Inc, the affiliated steel logistics division of Lexington Steel. Lexington Steel, founded in 1968, offers a myriad of services including slitting, cut-to-length, toll processing, logistics, packaging, shipping, and warehousing.

The acquisition of Lexington Steel strategically expands the geographical footprint of UPG's Midwest metals service center business further into the Wisconsin, Minnesota, Iowa, and Missouri markets. With the addition of Lexington Steel to its family of companies, UPG's North American flat roll service center operations now process and distribute out of 10 facilities with over 200 trucks delivering quality products on time to over 5,000 customers.

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Posted By : Yogender Pancholi on Wed, 23 Sep 2020
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