Olympic Steel acquires Shaw Stainless & Alloy

Cleveland-based metals service center Olympic Steel Inc. has acquired the assets of Shaw Stainless & Alloy Inc., a distributor of stainless steel sheet, pipe, tube, bar, and angles. The acquisition includes its stainless steel distribution and fabrication businesses, as well as its architectural and barrier defense businesses.

Shaw operates approximately 120,000 sq. ft. of warehouse and fabrication space in Marietta, Hiram, Powder Springs, and Albany, Ga. It will be incorporated into Olympic Steel’s specialty metals segment and will continue to operate as Shaw Stainless & Alloy, an Olympic Steel company, led by its existing management team.

“Shaw expands our specialty metals footprint and our product and processing offerings to our customers,” said Andrew Greiff, president/COO of Olympic Steel. “The acquisition also continues our strategic growth into metal-intensive end-use products.”

Shaw’s value-added fabrication processes include custom machining; electropolishing and passivation; laser, gas, plasma, waterjet, miter, saw, and mechanical torch cutting; steel beveling; precision welding; metal forming; pipe threading; cut and roll grooving; painting; galvanizing; stainless steel polishing; flange attachment; coating, wrapping, and lining; pickling, oiling, and degreasing; product finishing; and quality assurance testing.